Renko Brick Size Calculation for Nifty (2026): 33.33/16.66
Short answer: Renko brick size should scale with the instrument’s volatility — commonly a fraction of ATR. Dr Devendra’s taught framework uses 33.33 for 1-hour Renko logic and 16.66 for 30-minute setups (from his Renko chart-setup videos). Too small = noise flips; too large = late entries. Below: how brick sizing works, his framework, and the indicator that automates it.
What brick size actually controls
- Brick = noise filter threshold. Only price moves bigger than one brick draw new bricks; everything smaller is ignored.
- Too small: bricks flip on every wiggle — same whipsaw as candles, effort wasted.
- Too large: clean trends but entries come late and stops sit far.
- Right size ≈ a fraction of current ATR — the standard practitioner approach across instruments.
Dr Devendra’s 33.33 / 16.66 framework
In his Renko chart-setup sessions he teaches timeframe-linked brick math: 1-hour Renko logic around a 33.33 brick calculation, 30-minute setups around 16.66 — i.e. brick size steps down with the timeframe so intraday charts stay readable. Concept: faster charts need finer bricks, but never finer than the noise floor (check ATR first). Watch his setup videos for the full derivation (see his YouTube channel: TradeWithDrDevendra).
Setting brick size on TradingView
- Open your chart (e.g. Nifty futures) and note the 14-period ATR on your timeframe.
- Switch chart type to Renko (chart-type menu, bottom axis).
- Open Renko settings → set brick size to a fraction of ATR (start ~1/3–1/2 of ATR, then forward-test).
- Validate: 2–4 weeks of signals with acceptable flip rate before sizing up.
Skip the math: auto-sizing indicator
AI Renko Supertrend (tested) resizes bricks automatically from fast-vs-slow ATR readings — the 33.33/16.66 idea, automated per regime. ₹2,499/3mo (free month for Dhan holders). Learning free: Enhanced Renko Channel guide.
FAQ
What brick size for Nifty intraday?
No fixed number — scale to live ATR (start a fraction of 14-period ATR on your timeframe) and forward-test. Fixed bricks decay as volatility shifts.
What are 33.33 and 16.66?
Dr Devendra’s taught brick calculations for 1-hour and 30-minute Renko setups respectively — timeframe-linked sizing from his setup videos.
ATR-based or fixed bricks?
ATR-based adapts to volatility regimes; fixed bricks need manual resets. Adaptive wins for intraday.
Do I need Renko charts for his indicators?
No — Mahakaal brings Renko intelligence onto normal candles.
Learn free, automate later
Start with the free Renko script · Automate with AI Renko
Educational content, not investment advice. Verify framework details in the author’s own videos; numbers above are as taught, September 2026.
