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| Strange Renko bars |
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SFXbernhard
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| Post subject: Strange Renko bars |
Post rating: 0
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Posted: Tue 10 Dec, 2013, 14:14
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User rating: 21
Joined: Thu 19 May, 2011, 20:50
Posts: 413
Location: Germany, Munich
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picture 1  If you take 3 pips [7] Renko bars, sometimes you find a nice movement. I guess many people want to trade that. I marked the movement with vertical and horizontal lines. picture 2  If you switch the same chart back to 10 secs, you see that the price was never moving that way picture 3  my JForex DEMO version What is wrong here in JForex?
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File comment: pic 1
EURUSD_Renko3pips[7].png [35.68 KiB]
Downloaded 492 times
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File comment: pic 3
myJForex.png [30.05 KiB]
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File comment: pic 2
EURUSD_10secs.png [44.77 KiB]
Downloaded 519 times
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API Support
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| Post subject: Re: Strange Renko bars |
Post rating: 0
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Posted: Tue 10 Dec, 2013, 14:28
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User rating: ∞
Joined: Fri 31 Aug, 2007, 09:17
Posts: 6139
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The current version is 2.30 and 2.9.5.1.
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SFXbernhard
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| Post subject: Re: Strange Renko bars |
Post rating: 0
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Posted: Tue 10 Dec, 2013, 15:18
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User rating: 21
Joined: Thu 19 May, 2011, 20:50
Posts: 413
Location: Germany, Munich
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New version - same bug. Please check your Renko algorithm. I would prefer the Renko based on ticks, even when it is slow. At least it is correct. 
| Attachments: |
myJForex2.png [29.17 KiB]
Downloaded 605 times
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DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on
this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control
on their content. Anyone accessing this webpage and downloading or otherwise making use of any document,
data or information found on this webpage shall do it on his/her own risks without any recourse against
Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from
the use and/or reliance on any document, data or information found on this webpage.
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SFXbernhard
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| Post subject: Re: Strange Renko bars |
Post rating: 0
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Posted: Tue 10 Dec, 2013, 21:35
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User rating: 21
Joined: Thu 19 May, 2011, 20:50
Posts: 413
Location: Germany, Munich
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The same problem appears with Range bars, JForex 2.30 
| Attachments: |
EURUSD_Range3pips[7].png [36.06 KiB]
Downloaded 559 times
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DISCLAIMER: Dukascopy Bank SA's waiver of responsability - Documents, data or information available on
this webpage may be posted by third parties without Dukascopy Bank SA being obliged to make any control
on their content. Anyone accessing this webpage and downloading or otherwise making use of any document,
data or information found on this webpage shall do it on his/her own risks without any recourse against
Dukascopy Bank SA in relation thereto or for any consequences arising to him/her or any third party from
the use and/or reliance on any document, data or information found on this webpage.
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Platform Support
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| Post subject: Re: Strange Renko bars |
Post rating: 0
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Posted: Thu 12 Dec, 2013, 19:24
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| JForex Master |  |
User rating: ∞
Joined: Wed 16 Sep, 2009, 18:23
Posts: 1054
Location: Geneva, Switzerland
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We will have a look at this.
Calculating on ticks only instead of interpolating the Hourly candles will be possible. We prefer optimizing it before it goes public. Loading the ticks and making the neccessary calculations is very time consuming process.
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Platform Support
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| Post subject: Re: Strange Renko bars |
Post rating: 0
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Posted: Wed 19 Mar, 2014, 22:35
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| JForex Master | |
User rating: ∞
Joined: Wed 16 Sep, 2009, 18:23
Posts: 1054
Location: Geneva, Switzerland
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Calculation from the ticks is available in JForex4 only at the moment: viewforum.php?f=200You can find the settings in Preferences/Charts. Note that calculation of price based periods like Renko and Range bars with value of more than 5 points is starting to become time consuming if calculated from ticks. The results are not cached yet. We are working on this.
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