Expand description
Renko chart transformation.
Renko charts filter out time entirely, plotting uniform-sized bricks
that represent a fixed price movement. A brick in the direction of the
trend is drawn when the close moves one brick_size
beyond the close of the previous brick. A reversal needs a two-brick move:
the close must move one brick beyond the open of the previous brick, and
the reversal brick starts at that open.
Use to_renko_bricks to transform OHLCV bars into Renko bricks.
Structs§
- Renko
Brick - A single Renko brick representing a fixed-size price movement.
- Renko
Config - Configuration for the Renko chart transformation.
Enums§
- Renko
Direction - Direction of a Renko brick.
Functions§
- to_
renko_ bricks - Transform bars into Renko bricks