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Looking for the most Popular Renko / Brick type bar


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Looking for the most Popular Renko / Brick type bar

  #1 (permalink)
 
tderrick's Avatar
 tderrick 
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Would someone move a man in the right direction for finding the most popular bar of the type listed above?


I use multi time frame candles and love them, but am looking to load up one more chart with these type
bars to reduce the noise a bit ....


gratzi


AJ
Nashville, Tennessee


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 sandptrader 
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hello tderrick....i like BetterRenko for most size bars, and have recently started using UniRenko for my smaller Trading chart for Entry/Stops/Exits.
This seems to be Good for me.

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 learning0101 
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Just typed "renko" into search and picked first in list. sorry if not good place to ask.

Was looking at many of the different renko bar charts and wondered why you never see a doji?

Is there a type of renko bar that can/does show Dojis?

Thanks in advance for any responses.

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 Itchymoku 
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I use range bars for part of my analysis because they're universally portable between just about every platform and they adequately show the high and low. They do reduce noise but they also allow you to see when price stagnates. This is something you won't be able to see as much with renko charts.

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 Daytrader999 
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learning0101 View Post
Just typed "renko" into search and picked first in list. sorry if not good place to ask.

Was looking at many of the different renko bar charts and wondered why you never see a doji?

Is there a type of renko bar that can/does show Dojis?

Thanks in advance for any responses.

I use RJay's RenkoHybrid 2.0 bars (latest version), they can be adjusted to show Dojis as well when the option 'XRay Candles' is selected.

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 EdgeExecution 
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Just noting this thread of RENO Bar types ...

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 pipandrun 
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Hi,

does anyone know the criterias to form a new bar in a range situation? It seems, that the colour of the candle regulary change green-red-green-red until a high or low is broken. Are there a number of ticks needed or sth. else to form a new bar in the row? Thanks!


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 wilson619 
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How are you able to show a doji with RJays bars? Can you please post a picture of the settings if you have time. Thanks.

wilson

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 Daytrader999 
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wilson619 View Post
How are you able to show a doji with RJays bars? Can you please post a picture of the settings if you have time. Thanks.

wilson

Of course, here you go...





I attached two examples, and as you can see, the clarity of how a Doji prints on your chart with RJay's bars can vary on the template you choose:



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