RENKO charts extreme lagging behind Candle Charts and Last Price...

[SHJ]

Thank you @rad14733 and @BenTen for all your insights!

I guess, moving forward, I just need to be cognizant that any “charting representation” on the TOS platform will be showing information that is no longer valid at the time of entries/exits due to the “severe” delays it portrays (at least 3 sec delay by default). Then, as a consequence, the trading system and analysis will be faulty and lead to losses. As the saying goes: Caveat Emptor! ;-)

 

[merryDay]

Thank you @rad14733 and @BenTen for all your insights!

I guess, moving forward, I just need to be cognizant that any “charting representation” on the TOS platform will be showing information that is no longer valid at the time of entries/exits due to the “severe” delays it portrays (at least 3 sec delay by default). Then, as a consequence, the trading system and analysis will be faulty and lead to losses. As the saying goes: Caveat Emptor! ;-)

It is a matter of understanding their purpose.
On retail platforms, RENKO and Heiken Ashi are not meant to represent real price.
They are used on your higher intraday charts for your multi-chart analysis:

Backtesting​

Swing structure​

Clean visual trends​

Raw candles and monkey bars are provided for:

Real‑time scalping​

Fast markets​

Open volatility​

Tick‑heavy symbols like SPY​

You can get what you want from Sierra and MotiveWave apps.
They are true tick engines vs. ToS-simulated tick engine
Their Renko bricks are built directly from the raw tick stream.
Thus, their apps are built toward

futures traders​

scalpers​

prop shops​

high-frequency discretionary traders​

Thinkorswim was built for

options traders​

swing traders​

retail daytraders​

Its priority is accessibility and features, not raw speed.

Hope this helps.