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Open Feature request MC-720

Renko chart type

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Description

There is the necessity to implement in Renko chart type the following:

  1. The depth of history is built not for the whole depth of the quotes.
    

    The plots must be plotted for all the quote data of an instrument. In order to build large periods it should be done as in Kagi. So the Renko should be plotted based on e.g. 10 tick bar, 200 tick bar or 1 minute bar but not on 1 tick, in this way the amount of data for calculation would be decreased.

  2. The Box Size can be specified only in points.
    

    It's necessary to give an opportunity to specify it in percentage because the price of the contracts is different at different periods of time and the size of boxes in money is different. For example, in order to draw a new box the closing price of previous box is taken. And this price is taken for the calculation of the current bow is taken for the exposed as soon as it passes this distance it becomes a fixed and changes the color to the one specified in the settings as up or down boxes and the next box begins to move, etc.

  3. There Is No Shadows of the Boxes
    

    There must be shadows like the candles have in order to see the levels of the price passing. This is important for more detailed plotting of lines of support and resistance.

  4. It Should Work with Custom Futures
    In order to get more precise work and analysis of a longer periods of data.

Steps to reproduce this issue

There is the necessity to implement in Renko chart type the following:

  1. The depth of history is built not for the whole depth of the quotes.
    

    The plots must be plotted for all the quote data of an instrument. In order to build large periods it should be done as in Kagi. So the Renko should be plotted based on e.g. 10 tick bar, 200 tick bar or 1 minute bar but not on 1 tick, in this way the amount of data for calculation would be decreased.

  2. The Box Size can be specified only in points.
    

    It’s necessary to give an opportunity to specify it in percentage because the price of the contracts is different at different periods of time and the size of boxes in money is different. For example, in order to draw a new box the closing price of previous box is taken. And this price is taken for the calculation of the current bow is taken for the exposed as soon as it passes this distance it becomes a fixed and changes the color to the one specified in the settings as up or down boxes and the next box begins to move, etc.

  3. There Is No Shadows of the Boxes
    

    There must be shadows like the candles have in order to see the levels of the price passing. This is important for more detailed plotting of lines of support and resistance.

  4. It Should Work with Custom Futures
    In order to get more precise work and analysis of a longer periods of data.

Comments (1)
#0
user-offline.png  MultiCharts Support (MultiCharts)
May 23, 2012 - 20:03

Except custom futures for Renko.

History
Issue basics
  • Type of issue
    Feature request
  • Category
    Performance
  • Targeted for
    MultiCharts 8.0 (RELEASED)
  • Status
    Released
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
    Not triaged
Affected by this issue (3)
People involved
Times and dates
  • Posted at
  • Last updated
Issue details
  • Resolution
    Not determined
  • Severity
    Critical
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