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Open Feature request MC-1346

Option to align Renko bars open/close to integer price levels

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Description

Renko chart with box size of 1 handle (eg 4 ticks for ES cotnract) would best to align to integer price level so that every bar opens and closes at on a handle (eg 1671.00 - 1672.00 instead of eg 1671.25 - 1672.25). This is the standard behaviour for some other tools (like MarketDelta) and it causes different number (usually less) number of bars to be printed so it's quite important for strategy performance and backtesting.
From trading perspective the reason for using the integer price rather than fraction for the bars is the psychological aspect of these price levels; the expectation of what happens say between 1650 and 1651 could be different from the one for 1650.25 and 1651.25.

Steps to reproduce this issue

Create a Renko chart for @ES contract with box size of 1 (4 ticks), that opens at a fraction price level (eg. 1650.25) at the beginning of the Data Range so that each bar opens and closes at a fraction level (eg. 1650.25 - 1651.25)

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Issue basics
  • Type of issue
    Feature request
  • Category
    Usability
  • Targeted for
    Not determined
  • Status
    Not Reviewed
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  • Type of bug
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  • Likelihood
    Not triaged
  • Effect
    Not triaged
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  • Severity
    Normal
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