I am making an inquiry regarding this charting option and wondering what everyone's experience has been ?
And please, especially TJ, do not send me a link to the wiki page that has Flex Renko outlined and explained.
I just want to know if it's reliable and has no performance issues.
Flex Renko
- TJ
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Re: Flex Renko
There is only one reason you named me in your question, you have read my previous answer.I am making an inquiry regarding this charting option and wondering what everyone's experience has been ?
And please, especially TJ, do not send me a link to the wiki page that has Flex Renko outlined and explained.
I just want to know if it's reliable and has no performance issues.
-
- Posts: 310
- Joined: 02 Nov 2010
- Has thanked: 26 times
- Been thanked: 23 times
Re: Flex Renko
HI,
I have cretaed chart and make study with: Renko, Flex Renko and Costant Range Bar.
In the end I chose Costant range bar
I have cretaed chart and make study with: Renko, Flex Renko and Costant Range Bar.
In the end I chose Costant range bar
Re: Flex Renko
@syswizard
All my main workspaces use flexrenko bars. I have worked with them for years, and extensively. MC is extremely good in implementing them, although they aren't perfect. I have found that there are serious issues if using multiple data streams in the one chart, and trying to reference data2, as they don't align correctly in REAL TIME. This isn't an issue with tick charts, and don't know about range charts correcting aligning.
Not sure what you mean though by reliable and performance? If simply plotting a single data stream, then they work perfectly. If your plot size is very small, then you will of course find that when markets are moving, that bars come through in chunks. If you see that happen more than occasionally, then you are using too small a bar size.
All my main workspaces use flexrenko bars. I have worked with them for years, and extensively. MC is extremely good in implementing them, although they aren't perfect. I have found that there are serious issues if using multiple data streams in the one chart, and trying to reference data2, as they don't align correctly in REAL TIME. This isn't an issue with tick charts, and don't know about range charts correcting aligning.
Not sure what you mean though by reliable and performance? If simply plotting a single data stream, then they work perfectly. If your plot size is very small, then you will of course find that when markets are moving, that bars come through in chunks. If you see that happen more than occasionally, then you are using too small a bar size.