Renko Chart on XAUUSD has problem

Created at 20 May 2020, 07:22
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m17qarock_

Joined 20.05.2020

Renko Chart on XAUUSD has problem
20 May 2020, 07:22


Renko Chart working great on Currency (ex: GBPUSD 1.22XXX)
When we chose Renko 100, roughly equal to weekly candlestick.

But XAUUSD is different.(1748.XX)
When chose Renko 100,roughly equal to "M15 candlestick".
Unable to do long-term analysis on it.

Is there a way to change from the setting?


@m17qarock_
Replies

PanagiotisCharalampous
20 May 2020, 09:11

Hi m17qarock_,

I am not sure what do you think is the problem. Do you mean that you would need bigger candle sizes?

Best Regards,

Panagiotis 

Join us on Telegram

 


@PanagiotisCharalampous

m17qarock_
20 May 2020, 12:05

RE:

PanagiotisCharalampous said:

Hi m17qarock_,

I am not sure what do you think is the problem. Do you mean that you would need bigger candle sizes?

Best Regards,

Panagiotis 

Join us on Telegram

 

Hi,
I mean~ I hope we can have larger Renko (like Renko 500,1000,,,,) 
Because Renko100 is not enought for XAUUSD.(cTrader's Renko maximum is 100)

When XAUUSD use the largest Renko(100), 1 brick will be only 10 pips.
It's hard to do long-term analysis on it.
(But currency-pairs don't have this problem)

Ps. Sorry for my bad English.
I love to use cTrader. Looking forward to your reply~


@m17qarock_