RenkoChart

RenkoChart[{{date1, p1}, {date2, p2}, ...}]
makes a Renko chart with prices at date .

RenkoChart[{"name", daterange}]
makes a Renko chart of closing prices for the financial entity over the date range daterange.

RenkoChart[{...}, s]
makes a Renko chart with brick height of fraction s of the average price.

Details and OptionsDetails and Options

  • RenkoChart displays as a sequence of bricks and is used to track price movement; neither time nor volume is included.
  • A Renko chart is drawn as a series of fixed-height bricks. A brick is drawn in a new column when the price rises above the top of the previous brick or drops below the bottom of the previous brick, by a fixed amount.
  • RenkoChart[...] is equivalent to RenkoChart[..., {"Relative", 0.1}, 1] for a brick height of 10% of the high minus low price range.
  • The following arguments can be used to specify the brick height s:
  • {"Relative",p}fraction of high minus low price (default)
    {"Absolute",p}absolute price change
  • The dates are considered an ordered sequence of events and are not shown on an absolute time scale.
  • The date formats for are the same as used in DateListPlot.
  • The and daterange are the same as used in FinancialData.
  • Data elements for RenkoChart can be given in the following forms:
  • {datei,pi}a pure date-price pair
    wi[{datei,pi},...]a date-price pair and wrapper
    formi->mia date-price pair with metadata
  • A brick may represent several date-price pairs, and the corresponding wrappers will apply to the entire brick.
  • Data not given in these is taken to be missing and typically is excluded when generating the chart.
  • Data for RenkoChart can be given in the following forms:
  • {e1,e2,...}list of elements with or without wrappers
    w[{e1,e2,...}]wrapper applied to the whole data
  • The following wrappers can be used for data elements:
  • Annotation[e,label]provide an annotation
    Button[e,action]define an action to execute when the element is clicked
    EventHandler[e,...]define a general event handler for the element
    Hyperlink[e,uri]make the element act as a hyperlink
    Labeled[e,...]display the element with labeling
    PopupWindow[e,cont]attach a popup window to the element
    StatusArea[e,label]display in the status area when the element is moused over
    Style[e,opts]show the element using the specified styles
    Tooltip[e,label]attach an arbitrary tooltip to the element
  • In RenkoChart, Labeled and Placed allow the following positions:
  • Top,Bottom,Left,Right,Centerpositions within bricks
    Above, Below, Before, Afterpositions outside bricks
    {{bx,by},{lx,ly}}scaled position in the label at scaled position in the brick
  • RenkoChart has the same options as Graphics, with the following additions and changes:
  • AspectRatio1/GoldenRatiooverall ratio of width to height
    AxesTruewhether to draw axes
    ChartBaseStyleAutomaticoverall style for bricks
    ChartElementFunctionAutomatichow to generate raw graphics for bricks
    ChartElementsAutomaticgraphics to use in each of the bricks
    DateFunctionAutomatichow to convert dates to standard form
    EventLabelsNoneevents to label
    GridLinesAutomaticgrid lines to draw
    GridLinesStyleAutomaticstyle for grid lines
    PerformanceGoal$PerformanceGoalaspects of performance to try to optimize
    TrendStyleAutomatichow to style up and down trends
    ScalingFunctionsNonehow to scale the axis
  • The arguments supplied to ChartElementFunction are the brick region , the date-price pairs list, and metadata .
  • A list of built-in settings for ChartElementFunction can be obtained from .
  • With the setting ChartElements->{up, down}, up and down will be used for up and down bricks, respectively.
  • EventLabels->{..., datei->lbli, ...} specifies a label associated with . The label will be displayed with the brick that has a date range that includes .
  • With ScalingFunctions->sy, the function is applied to the prices. ScalingFunctions only affects the display and none of the controls.
  • Style and other specifications from options and other constructs in RenkoChart are effectively applied in the order TrendStyle, Style and other wrappers, and ChartElementFunction, with later specifications overriding earlier ones.
New in 8
New to Mathematica? Find your learning path »
Have a question? Ask support »