I would like to be able to use Renko just like any other 1, 5, 60 min, or any other timeframe but it cannot really be done as long as we have to preset the box size and it is fixed.
I would like to suggest an idea here.
Would it be possible to review and consider setting the box size with the option to either set it for a fixed number, like it is now, but adding an alternative so that it can also be based on a multiple of the ATR. This approach is used for P&F charts at StockCharts and as a result it always works well in any timeframe, for any tick size, and for any symbol -all automatically without adjustments.
Thanks,
Dave
I would like to suggest an idea here.
Would it be possible to review and consider setting the box size with the option to either set it for a fixed number, like it is now, but adding an alternative so that it can also be based on a multiple of the ATR. This approach is used for P&F charts at StockCharts and as a result it always works well in any timeframe, for any tick size, and for any symbol -all automatically without adjustments.
Thanks,
Dave