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Open Feature request MC-501

BetterRenko charts for MultiCharts

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Description

I have tried to use the Renko bars wich are with MC now, but to my opinion they are kind of obsolete when comparing with the BetterRenko which is available with NinjaTrader and Sierra Charts.
The thing that separates the BetterRenko from the classic bricks is that it only plots real data without plotting any extra in order to fill gaps. Second, it shows the data above or below the BetterRenko bricks as wicks. Third, because the OHLCV of each bar is correct, it is possible to use with different bar styles like OHLC and CandleSticks.
As explained by "Aslan" over at Big Mike Trading: "BetterRenko differs from classic Renko in two main fashions. First, it only uses/plots real data. So it does not split or insert dummy data in order to fill gaps. Second, it tracks and displays all data outside of the Renko bricks, which are displayed as wicks. With these changes, BetterRenko can be used in the classic sense of removing noise to better see price action, while also still maintaining back-testing integrity."
Link to original article by "Aslan" with more details: http://www.bigmiketrading.com/sierra-chart-programming/7913-betterrenko-sierra-charts.html

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Comments (2)
#0
user-offline.png  JoeTrader (Guest)
Sep 14, 2011 - 20:08

A habit forming substance abuse

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provide alprazolam just as taken by your medical professional. acquire individual serving with the actual decanter or wineglass amongst water. don't take greater than what is given by doctors to you. Alprazolam could habit-forming. You could become bodily or emotionally and moreover in your mind reliant on the remedy. alienation side effects and that stay with <a href=https://www.dailymotion.com/charmingdate>charmingdate</a> in the event of alprazolam is almost certainly quited all of the sudden in order to weeks with steadi benefit from can occasionally be tremendous. habitually talk over with a dr,a dr approach bit-by-bit slow up the amount.

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Anxiety/Xanax substance are suitable to be taken firmly to be able to xanax physician properly especially in the early levels of removing the panic disorder, through specific adjustment so as to side effects could be located.

alcohol addiction beverages and as well as Xanax should not be combined whenever you are behind the wheel because of this mixture will probably have unknown CNS depressant negative effects on your head.

with pregnancies and additionally sanita

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correct so now, completely no suited stability since effectiveness of Alprazolam in about patients younger than 18 years and years seemed to be proved.

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Xanax ought not to be used by include those with physiological anxiety or in a good limiting manifestations of a snug pathological panic attacks. Xanax physician aside from that suggests associated with xanax medicine is not advised for the treating particular person when it comes to depressive or psychotic problems.

Alprazolam really employed to folks more prone to drug use. foresight should be observed in all particular person who are viewed to have potential for thought dependancy.

Benzodiazepine can connect to associated with a few CNS acting prescribed medication related to alcoholic drink, narcotics, Barbiturates, no barbiturate hypnotics, Antihistamines, Phenothiazines, Butyrophenones, MAO inhibitors, Tricyclic antidepressants and / or anticonvulsants. It don't want to be studied accompanied by drinking. not only does alcoholic drinks over cheap doses ruin the positive effects of the herbal medicine Alprazolam, sadly absolutely all diazepam.

A xanax approved alerts resistant to the simultaneous make use of other CNS depressant prescribed drugs like for example Benzodiazepine of any other kind, specifically valium, nicotine, bud, Grapefruit veggie juice, Antihistamines illustration benadryl, verbal birth control methods, relaxing solutions and many more. those people prescribed drugs carefully talk with Xanax and can create substantial consequences.

#0
user-offline.png  JoeTrader (Guest)
Dec 15, 2011 - 19:57

Addition to this we can calculate a percentage of blocks rather than points, it is very important because it put in points is not always easy, because at different price movement of different example, at a cost of 1000 points sp500 brick in the 10-point is 1% and at a cost of 1300 is 0.76%, I think the big difference. and also exposing the brick as a percentage of can be viewed in one window a lot of tools without changing the parameters of the size of the brick.

History
Issue basics
  • Type of issue
    Feature request
  • Category
    Usability
  • Targeted for
    MultiCharts 8.0 (RELEASED)
  • Status
    Released
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
    Not triaged
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  • Last updated
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    Not determined
  • Severity
    Normal
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