^{IRenkoSeries
Hierarchy Properties}

<sup>Type Library
TeeChartx

Description
The Renko chart financial indicator.</sup>

^{The Renko chart is a trend following technique.}

^{It got its name from a Japanese word "renga" meaning bricks.}

^{In Renko chart line brick is drawn in the direction of the prior move only if prices move by a minimum BoxSize amount which is equivalent to the box size that are always equal in size.}

^{Renko charts are always based on the closing prices.}

^{Renko bricks are drawn after comparing, that day's close with the previous brick (high or low). A "box size" which determines the minimum price change to show is specified.}

^{Copyright (c) 2007 by Marjan Slatinek}