Renko is a classic graph, meaning it does not take into account your time period, but the cost change, which makes the purchase price change on the chart more clear.
Hyper Renko is the index that provides this.
To configure it, that you have only one parameter – the size of the candle in the tick * that you want to use.
* check mark: this is the smallest possible change in the advantage.
Thank you for choosing the Hyper Trader indicator.
Wikipedia:
The Renko chart shows the minimal change in the significance of a variable – for example, the price of a financial asset-over time. The chart moves in time only when the value in question (for example, the price) changes by a certain minimum amount. For example, on the Renko chart, which takes into account the change in the price of an asset by $ 1, a new “brick” is drawn only when this change occurs, up or down-regardless of how long it took for the change and the volume that was sold. Thus, if the graph is represented with time on the horizontal axis and price change on the vertical axis, all the “bricks” have the same height (the same price change), and the distance between them, despite being visually the same, represents a different amount of time.