Fixed Value versus ATR Setting in Renko Chart
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Fixed Value versus ATR Setting in Renko Chart
Fixed Value versus ATR Setting in Renko Chart: Chartists can use the “box” settings to set brick size as a specific value or as the Average True Range (ATR). A specific point value means brick size will remain constant even as new data is incorporated into the chart. In contrast to fixed price bricks, using ATR values results in the ...
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