Feature Request: Percentage-Based Log Scale Renko & Point & Figure Charts
Hi Dhan Team,
Firstly, thank you for continuously improving Dhan. The platform has become one of the best choices for active traders because of its speed, stability, and regular feature updates.
I would like to request a feature that I believe will be a game changer for professional traders:
Percentage-Based Renko & Point & Figure (P&F) Charts on Logarithmic Scale
Currently, Dhan supports Traditional and ATR-based Renko charts. While these work well, they become less effective when analysing stocks across vastly different price ranges.
For example:
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A ₹5 brick on a ₹100 stock represents a 5% move.
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The same ₹5 brick on a ₹5,000 stock represents only a 0.1% move.
As prices compound over time, fixed brick sizes lose consistency. Traders are forced to keep changing brick sizes manually for different stocks.
A percentage-based log-scale calculation solves this problem by ensuring every brick represents the same percentage move, regardless of the stock’s price. This makes charts consistent across all instruments and over long historical periods.
Requested Features
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Percentage-based Renko brick sizes (0.10%, 0.25%, 0.50%, 1%, 2%, and custom values)
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Percentage-based Point & Figure box sizes
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Logarithmic price calculation
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User-selectable brick calculation modes:
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Traditional
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ATR
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Percentage
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Percentage + Log Scale
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Custom P&F reversal settings (1-box, 3-box, 5-box, etc.)
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Full compatibility with indicators like Moving Averages, RSI, MACD, ADX, Supertrend, etc.
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Scanner support for Percentage Renko and Percentage P&F
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Alerts and strategy compatibility
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Ability to save default percentage settings across layouts and devices
Why This Matters
This feature would:
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Make Renko and P&F analysis consistent across all price ranges.
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Help swing, positional, and algorithmic traders.
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Reduce dependence on specialised external platforms like Definedge.
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Position Dhan as one of India’s most advanced charting platforms.
Many serious traders use Renko and P&F for objective trend analysis. Adding percentage-based log-scale charts would make Dhan an even stronger platform for systematic trading.
I hope the product team considers this request. I believe many traders in the community would benefit from this enhancement.
If you also feel this feature would add value, please support this request by commenting or upvoting so the product team can gauge the demand.
Thank you!
