Posted by atlantis on 13th of Oct 2011 at 10:11 pm
Hi everyone,
Could anyone explain why the Renko chart of GDX didn't change
today. The comment on the chart masks the parameters but I think
the block size is 0.6. In this case, I would have expected a red
block to show up today (GDX down 1.11) but it is not the case. What
makes the red down block appear on this chart ? This chart is
frequently shown on BPT. Thanks !
GDX Renko explanation
Posted by atlantis on 13th of Oct 2011 at 10:11 pm
Hi everyone,
Could anyone explain why the Renko chart of GDX didn't change today. The comment on the chart masks the parameters but I think the block size is 0.6. In this case, I would have expected a red block to show up today (GDX down 1.11) but it is not the case. What makes the red down block appear on this chart ? This chart is frequently shown on BPT. Thanks !
http://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=1&mn=4&dy=0&id=p62984766069&a=193397452&listNum=12