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The bars are the standard FlexRenko in Sierra and no indicator. So I dont know how it Sierra coded them. Sorry I cant help you. Regards Outlander
lemons
Tallinn, Estonia
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010
yes I understand that its Flex renko and I use it to but when price is rising you have purple lines under ( - reversal bar lenght away ) the price and when price is falling you have blue lines ( + reversal bar lenght away ) above the price.
Big Mike
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,469 since Jun 2009
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Please include x,y axis on charts when posting. It's hard to have any sort of context without time and price.
All calculation of the data is done in the spread running in the bakground of the chart. I not good at programing so I have to do it that way. The lines shows me then a new up or down bar vill be present. So I can put a stop entry if it is with the trend. Like this: =IF(AE4>AE5,AE4-8,AE4+8)
AE is the colum in the sheet for renko close. I use a simple avg input data: renko close lenght 1
the number depends on the setting of the renko. Regards Outlander
