Renko Chart

[DaveSkender]

Community Discussion about Renko Charts price transform

[shinel70]

i suggest to fix GetRenko.
with brick size it must start from 0 price not the first quote we provide.
and for GetRenkoAtr to not use last ATR, my suggest is to use first or last or average of ATR that pieace of candlesticks; example with new RenkoCandle GetRenkoAtr consider first or last ATR or Candlestick (or Average of CandleStick'Atr)

[DaveSkender]

This sounds more like an alternate approach than a fix. We’re using the standard method.

[shinel70]

I tested your Renko and it seems it is not standard as written in school.stckcharts.com "They move up or down in 45-degree lines with one brick per vertical column."
the problem start when the trend reverse the next (red in uptrend and green in downtrend) candles build side by side before one not in 45-degree.

[DaveSkender]

the concept of 45-degrees is based on how you setup your visualization, and is not directly something we can control from the library. can you elaborate on the reversal aspect? I’m not clear on what you’re explaining.

[shinel70]

here is a picture i try to explain my problem

using Binance.Net.Clients; using Skender.Stock.Indicators; BinanceClient bc = new(); var data = await bc.UsdFuturesApi.CommonFuturesClient.GetKlinesAsync("BTCUSDT", TimeSpan.FromMinutes(1)); List<Quote> quotes = data.Data.Select(k => new Quote { Open = k.OpenPrice.Value, High = k.HighPrice.Value, Close = k.ClosePrice.Value, Low = k.LowPrice.Value, Date = k.OpenTime, Volume = k.Volume.Value }).ToList(); var renkoResult = quotes.GetRenko(10); Console.ReadLine();

[DaveSkender]

Ah, yes, this is a problem. I've created issue #812 to further investigate and fix. Thanks for reporting!