Renko Charts - Yahoo ed. is made and published by IGOR VLASOV. AppBrain is an independent app data site and isn't affiliated with IGOR VLASOV. The app name, icon, screenshots and description belong to IGOR VLASOV and are shown as published on the App Store.
AppBrain's verdict
Removed- Rating on App Store
- 2.67
- 3 ratings
- Last updated
- April 16, 2023
Renko Charts - Yahoo ed. is no longer on the App Store. It had too few ratings to say what users thought.
Competitors
Similar apps and more from IGOR VLASOVMore from IGOR VLASOV
Releases
Updates seen on the App Store- Version
- 1.4.0
- Launched
- September 2012
No changelog data
User feedback
Ratings and reviews on the App StoreComments on Renko Charts - Yahoo ed. for iOS
We don't have enough comments to show example comments. Please check back later.
Technology
Found in the app by AppBrain- Price
- $0.99
- App size
- 4.04 MB
- Content rating
- Everyone
Technologies used by Renko Charts - Yahoo ed.
About the app and developer
About Renko Charts - Yahoo ed.
Renko Charts - Yahoo ed. was a finance app developed by IGOR VLASOV. It was removed from the App Store Jan 17, 2024.
User Ratings
Renko Charts - Yahoo ed. was rated 2.67 out of 5 stars, based on 3 ratings.
App Information
Renko Charts - Yahoo ed. cost $0.99. The app size was 4.04 MB. The last available version was 1.4.0. The last update was on April 16, 2023.
Technical Requirements
The app had a content rating of Everyone. The app had been available on the App Store since September 2012.
Developer information for IGOR VLASOV
Address:
Store listing
By IGOR VLASOV, from the App StoreSimilar apps
Description by IGOR VLASOV Written by the developer, not by AppBrain. Click to read.
Renko charts are price charts with rising and falling diagonal lines of boxes that are either filled or hollow. Renko charts are "time independent" charts that do not have constantly spaced time axes.
The word "Renko" comes from "Renga", the Japanese word for "brick". The filled and hollow squares that make up a Renko chart are often referred to as "bricks." Renko charts were popularized by Steve Nison in his book Beyond Candlesticks.
Renko charts have a pre-determined "Brick Size" that is used to determine when new bricks are added to the chart. If prices move more than the Brick Size above the top (or below the bottom) of the last brick on the chart, a new brick is added in the next chart column. Hollow bricks are added if prices are rising. Black bricks are added if prices are falling. Only one type of brick can be added per time period. Bricks are always with their corners touching and no more than one brick may occupy each chart column.
It's important to note that prices may exceed the top (or bottom) of the current brick. Again, new bricks are only added when prices completely "fill" the brick. For example, for a 5-point chart, if prices rise from 98 to 102, the hollow brick that goes from 95 to 100 is added to the chart BUT the hollow brick that goes from 100 to 105 is NOT DRAWN. The Renko chart will give the impression that prices stopped at 100.
It's also important to remember that Renko charts may not change for several time periods. Prices have to rise or fall "significantly" in order for bricks to be added.
Green bricks are bullish, Red bricks are bearish - that's the simplest interpretation of Renko charts. Renko charts may be most useful in identifying trends and trend direction. Because they screen out moves that are less than the brick size, trends are much easier to spot and follow. In order to avoid whiplash periods, some people wait until 2 or 3 bricks appear in a new direction before taking a position.
In the app size of the brick is defined by close price percentage.