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Re: [amibroker] Renko indicator by Graham



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you could view a 1 hour renko chart in 5 minute base timeframe, but
not other way around unless you create composites of all tickers to
hold the values of 5 minute bricks.
But one thing to remember that as you increase the time period the
number of bars to the price chart will decrease, so you will have
problems trying to display the 5 minute in longer time period. The
renko often requires more bars than the underlying ticker has to
offer.
You may need to start te renko at barcount/2 as an example

for(i=1;i<barcount;i++)
could become 
for(i=round(barcount/2,0);i<barcount;i++)

this is general idea to allow you more flexibilty for the normal renko plot



On 8/26/05, Martin Cooney <martin@xxxxxxxxxxxxx> wrote:
> Anyone care to lob me a helpful suggestion on this one ?
> I'm a bit bewildered.
> 
> Thanks
> Martin
> 
> Martin Cooney wrote:
> > Hi,
> >
> > I'm looking at getting a certain strategy written under Amibroker but
> > for currencies using the Renko indicator that Graham has so kindly written.
> >
> > The brick size is simply 3 pips or 0.0003 for non-Yen currencies - that
> > one's an easy change. Now obviously when the chart's timeframe is
> > changed so does the Renkos though still using 3 pips.
> >
> > I was wondering where in the code I could change so that the indicator
> > draws it's bricks always based as if it was running on a 5 minute chart
> > ? i.e so you could be viewing the 5 minute chart and change to a 1 hour
> > chart but the Renko indicator would not change.
> >
> > Any help would be appreciated to a still newbie_AFL'er.
> >
> > Cheers
> > Martin
> >
> >
> > Please note that this group is for discussion between users only.
> >
> > To get support from AmiBroker please send an e-mail directly to
> > SUPPORT {at} amibroker.com
> >
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> >
> >
> >
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> 
> 
> Please note that this group is for discussion between users only.
> 
> To get support from AmiBroker please send an e-mail directly to
> SUPPORT {at} amibroker.com
> 
> For other support material please check also:
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-- 
Cheers
Graham
AB-Write >< Professional AFL Writing Service
Yes, I write AFL code to your requirements
http://e-wire.net.au/~eb_kavan/ab_write.htm


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