Discussion about Renko : (from Varun's thread)

kingkrunal

Well-Known Member
Vanilla Renko can be very confusing. We have control how the renko charts to be plotted. Here is Nifty chart avoiding noise and displaying only valid turn points.
this is repainting one... doesnot look to be realtime... the values changes after the forward values are seen ..
can you please tell me what price block you have taken in this for renko movement ?
 

doss186

Well-Known Member
No it never repaints, as we take long only after 8 bricks go up and hit buy trigger and we take short only after 8 bricks go down and hit short trigger. The price block is clearly mentioned in the title info.
 

kingkrunal

Well-Known Member
No it never repaints, as we take long only after 8 bricks go up and hit buy trigger and we take short only after 8 bricks go down and hit short trigger. The price block is clearly mentioned in the title info.
so what exact value u are using in this ? i know this is tick chart and what is the software used ?
 

Similar threads

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?