MC.Net Renko bar extensions

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rjelles
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MC.Net Renko bar extensions

Postby rjelles » 16 Mar 2015

Hello-

Attached is a Renko bar chart where the brick size is .5 and bar is 1000 ticks on the NQ futures contract (Show Wick, Show Phatom, and Show real open are also enabled).

I often see price extensions such as this one (over $4 vs the expected $1.5) that far exceed the 3X factor that I thought should trigger a new brick. Are there any registry or other settings that would allow this behaviour to be changed?

thanks!

Jeff
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renko_bar_extension.png
Renko bar chart for NQ futures
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Henry MultiСharts
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Re: MC.Net Renko bar extensions

Postby Henry MultiСharts » 18 Mar 2015

Hello Jeff,

This is how in-progress/realtime Renko bar is plotted: depending on the selected resolution the current box may be huge in real-time and not match your box size, but when the selected in resolution bar (1 day for instance) is closed, you'll see a lot of boxes of the specified box size instead of that huge one.


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