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Open Feature request MC-897

Renko charts

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You should make available not only the "real" open of each bar but also the open of the renko bar itself.
Showing the "real" open will mess the box size since if we choose 1 tick the wick might be considered as the open and instead of a 1 tick box we will in fact have 2 ticks. The "real" open might be preferable for the "algo" guys but for the discretionary traders, the normal renko chart with a simple wick, is by far preferable, known as better renko.
Sierra Chart make the 2 options available to their costumers and I think MC should do the same. When adding new features it should have all standard options used by all other chart platforms maintaining this way the compatilibilty between trading strategies among different platforms.
Also, the box size should be chosen according to the minimum move of each symbol and not a number chosen by the user. Instead of writting 0.25 for 1 ES tick, we should write 1. MC would automatically know that the selected box size corresponds to the tick size of the underlying symbol.

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Comments (1)
user-offline.png  MultiCharts Support (MultiCharts)
May 23, 2012 - 15:05

Except automatic box size corresponding to tick size.

Issue basics
  • Type of issue
    Feature request
  • Category
  • Targeted for
    MultiCharts 8.0 (RELEASED)
  • Status
User pain
  • Type of bug
    Not triaged
  • Likelihood
    Not triaged
  • Effect
    Not triaged
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  • Posted by
    user-offline.png  arnie (arnie)
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