TOI Renko Nifty and BNF
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@Raju-Ranjan - Raju sir. Are these parameters correct for plotting Renko TOI charts for Nifty and Banknifty.
09.30 A.M
Nifty ATM - Timeframe 5 mins box size 0.25%
Banknifty ATM - Timeframs 5 mins box size 0.25%
D-Smar Line and Donchian Channel default parameters.
If possible could you pleaee make a short video on the plotting of TOI for Nifty and Banknifty.
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You can refer a video posted on 13th Feb, 2024 for all the details:
https://www.youtube.com/watch?v=9w4gxVhHi2c&list=PLlPE6keXfCzq1BvKUSwslBCPObRIIcAWi&index=1 -
@Neha-Pandey Thank you. Yes, I saw that very helpful.
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@Raju-Ranjan sir, thank you. Watched yeaterday's video and I can now plot TOI on Renko with Smart Don Indicators.
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@Neha Pandey Hello, the recomended box sizes for options are 3% & 5%. For eg: Let's say my entry (dtb) for bnf 46600 ATM call is trading at 500 so the dbs will be 425 which is 75 pts. Isn't this too large as a stop loss?
