renko charting
Renko charts are related only to the price movement. New brick appears when the price goes beyond the top or bottom edge of the previous brick by a specified distance.
Options
- Brick size - size blocks;
- Offset - shift of each building block added. When setting the shift amount equal to half the size of the brick, obtained by the so-called "middle blocks Renco", an example of which is shown in the second screen shot;
- Amount shifted - the number of bars to offset to the left when a new building block and the number of bars for the displacement to the right when a new bar on the main chart. Reducing this value can reduce testing time by using this indicator advisor.
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