Renko brick retracement on Kite

Tue, 19 May 2026 00:00:00 +0000

Renko bricks on Kite plot a new brick only when price moves by the specified brick size in the same direction or reverses by 2x brick size. The retracement behaviour, where price moves a small amount against the trend without producing reverse bricks, is a key Renko characteristic.

Renko brick rules

A new up-brick is plotted only when price closes above the prior brick’s high by the brick size.

A reversal down-brick is plotted only when price moves down by 2x brick size from the prior up-brick’s low.

Renko on WebNotes

Renko brick retracement on Kite

Renko brick rules