Renko Charts Lite
Free
1.2.2for iPhone, iPad and more
Age Rating
Renko Charts Lite Screenshots
About Renko Charts Lite
The only Renko charting app on the store! It uses YahooFinance data feed as a source. So if a stock is listed in YahooFinance, you can quickly and easily see its daily, weekly, or monthly Renko chart.
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.
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.
Show More
What's New in the Latest Version 1.2.2
Last updated on Dec 5, 2021
Old Versions
YahooFinance symbols autosuggest module is dead. It replaced with custom one.
Show More
Version History
1.2.2
Dec 5, 2021
YahooFinance symbols autosuggest module is dead. It replaced with custom one.
1.2.1
Apr 16, 2018
This app has been updated by Apple to display the Apple Watch app icon.
Datafeeds fix.
Datafeeds fix.
1.2.0
May 29, 2017
Urgent data feeds fix: because of former free YahooFinance data feeds unreachable anymore, they fully replaced by alternate data feeds with fully the same functionality.
1.1.0
Mar 12, 2017
iOS10 ready. Chart gets new look, some bug fixes.
1.0.1
Oct 22, 2012
-bug fix: some users had problems with charts because of regional settings incompatibility. Fixed;
-charts improvement: sometimes price was truncated on price axis & digits sometimes could overlap because of too high data density on the chart. Fixed.
-fix for ^ char in suggestion request.
-charts improvement: sometimes price was truncated on price axis & digits sometimes could overlap because of too high data density on the chart. Fixed.
-fix for ^ char in suggestion request.
1.0.0
Oct 9, 2012
Renko Charts Lite FAQ
Click here to learn how to download Renko Charts Lite in restricted country or region.
Check the following list to see the minimum requirements of Renko Charts Lite.
iPhone
Requires iOS 8.0 or later.
iPad
Requires iPadOS 8.0 or later.
iPod touch
Requires iOS 8.0 or later.
Renko Charts Lite supports English
