I use renko charts and the forex.com charts have renko charts but when i try to use the traditional ones it does not work. The atr renko charts work fine on it but they are not what I want to use. I don't like forex.com but it was the only broker i could find in the US that had renko charts. Any help would be much appreciated. Also if u know of a better broker that has renko plz tell me.
submitted by App Name: TradingView - stock charts, Forex & Bitcoin ticker
Description: Stock charts with real-time market quotes & trading ideas. Traders & Investors.
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submitted by Does anyone out there use point and figure charts regularly? If so, do they jump around the way renko charts do? I'm pretty new and I'm messing around with different things. I'm trying to keep charts that are semi clean, I don't want a million lines all over the place. For this reason I like using renko charts by themselves as one tool and then have a "normal" chart with only one or maybe two indicators as a separate chart so that way I'm still using 3 or 4 indicators without my screen looking like a laser show. I don't have time to constantly sit in front of a screen though, I'm kind of playing with forex on the side but I noticed sometimes from the morning to the night or maybe the next day, a renko chart will change. So if I went to a point and figure instead, once a column of X's or O's is set, will it stay there when a new column is started? Are P&F's a good tool? I really want to see one move in real time the way you can see candles form but even at low settings I couldn't make it happen. I also couldn't find like a time lapse of one on youtube or anything. I know they take time out of the equation so it's going to be a matter of luck to see one change. Also I have a regular job so I can't be on during the busy times. If anyone does use it, could you use the standard forex strategies with it? I'm guessing if it's going to jump around then you can't use it to see when it crosses a trend line because it won't be reliable, but maybe renko and P&F are just good for secondary confirmation of a trend? Any thoughts or links to reputable videos/articles would be appreciated. Thanks.
submitted by The Renko charts were developed in Japan, and the word Renko comes from the Japanese word for bricks, “renga.” This is because the structure of the Renko charts looks like a series of bricks. What are the Renko charts? The Renko charts compromise a series of bricks; each brick moves with the price movement at an angle of 45 degrees. How does my Forex Renko Charts FX Trading System make trading forex easier for YOU? Simple. I teach you my very own buy setup and sell setup using just renko charts. Zero Indicators! A buy or sell signal is represented by a specific sequence of BOTH red and green forex renko bars. You can NOT automatically assume every green box is a buy signal or every red box is a sell signal. Renko charts are commonly applied to stocks, forex, futures and ETF’s. You can even apply Renko charting analysis to the bond markets as well, if you please. For example this article shows you how to trade futures using Renko charts . Whereas in the candlestick and bar charts, one new candlestick or bar has to form within a special time frame, even if there is no reasonable price changes. Below is the EUR/USD Renko chart while the box size is set to 1. Please note that there is no time frame in Renko because time is not considered in Renko charts algorithm at all. Renko charts are composed of bricks that are created at 45-degree angles to one another. Consecutive bricks do not occur beside each other. A brick can be any price size, such a $0.10, $0.50, $5 ...
FOR MORE DETAIL:-https://renkochartsuperiors.blogspot.in/ MY RENKO CHARTS PURELY SHORT TERM TRADING SYSTEMS EXCELLENT RESULT CONTACT Skype :- naveen.saroha2 ... Renko bars mt4 and Renko chart mt5 are not as popular and not as well-known as normal candlestick or bar charts. However, if you initiate a Renko backtest, y... How to trade renko charts successfully - A 95% Winning Strategy What is a Renko Chart? A Renko chart is a type of chart, developed by the Japanese, that is b... RENKO Trading Strategy (Ultimate Guide On Renko Charts Strategy) - In this Renko Trading Strategy series, I have explained Renko Charts Strategy for Beginner... Renko Charts aren't for everybody, but let me tell you the pros, cons, and opportunities here before you pick a side. Because you WILL have to pick a side. B...