<font color=green>*** Draft -- Setting up the Standard Renko Chart (SRC)
The SRC has the following settings:
(a) One year timespan.
(b) We use points (for High/Low) instead of ATR. Here's how you get the correct pointsize:
-> Pull up the candlestick version of your stock.
-> Under "Indicators", add the ATR(14).
-> Update the chart.
-> Note the most recent value of the ATR on the ATR(14) indicator. Call that number "X".
-> Draw a Renko chart, using "Pts" and the number "X" from the previous step.
-> Update the chart to get the correct Renko chart.
(c) The chart should have the CCI(20)/CCI(2) setup as discussed earlier in the iBOX.
(d) The chart should have the FULL STO for sell signals.
(e) Slope(20) or Slope(10) should be included as to filter out false sells on the CCI method.
(f) If it's a 1,5,10,15, or 60 min chart, include the RSI(2) for buy/sell signals.