Hi,

I am trying to produce a renko result like this, from Oanda / TradingView:

https://i.imgur.com/rH14Xcq.png

However, when using the renko consolidator with the same brick size, I get this. It is still very noisy.

https://i.imgur.com/xiqXVBU.png

The Oanda/TradingView model uses a 2x reversal to draw an opposing brick, while Quantconnect uses overlapping reversals (which is useful in some cases). I would like to emulate the Oanda behaviour.

Is there any way to customize this? I need to feed this into indicators as well. 

Thanks for any help. 



 

Author

LE

December 2020