Discussion about Renko : (from Varun's thread)

doss186

Well-Known Member
i was referring to top line in your chart
PM BRK and SUB Brk.. and what is the loss ratio.. i can see only profit details mentiond on below left chart
If we follow the system in positional there will be some loss due to gap up and gap down. But loss made in intraday is very minimal and that happens in NR4 or NR7
 

singsanjay09

Well-Known Member
For the evening fun my renko system tell to short on Nickel. As you can see clearly the buytrigger is @944.29. It should hit the average daily profit @934. Let's watch.

Hello doss186, I think we need tick by tick data to construct Renko or constant range bar chart, btw who is your data provider?
 

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