One pair system, very slow but accurate 1,107 replies
RENKO Trading SYSTEM - RENKO Indicators 7 replies
Please recommend an accurate and fast Renko generator 0 replies
New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies
Very accurate support and resistence play 51 replies
Disliked{quote} interesting ... even if I saw that on renko chart it doesn't behave the same way ... anyway ... can you explain the entry and exit rules?Ignored
Disliked{quote} I don't have Renko strategy ,I just want to explain the difference between TMA CENTERED and TMA CENTERED END POINT. {image}Ignored
Disliked{quote} this can be very useful to identify an exact point where the trend can change direction. could you post your template? I'd like to give it a try. {image}Ignored
DislikedNew Template sorry no more Renko this is like a GPS system {image}Ignored
Disliked{quote} this can be very useful to identify an exact point where the trend can change direction. could you post your template? I'd like to give it a try. {image}Ignored
Disliked{quote} Here Template ,with @PriceBorder and Tma centered endpoint indicators (post43). {image} {file}Ignored
DislikedHello Valdecchio, Can you have indicators in MT5 format? Thx, for this thread and lessons...Ignored
DislikedI thing before to use RENKO it is better to read: BEYOND CANDLESTICKS book BY STEVE NISON RENKO CHAPTER 7 TRADING TECHNIQUES WITH RENKO CHARTS Unlike the varied trading techniques applicable with three-line break charts and kagi charts (discussed in the next chapter), the renko charts are more limited. The only trend reversal signals with renko charts are with the emergence of a bullish white brick or bearish black brick. Buv and sell signals based on this technique are shown in Exhibit 7.2. As shown in that exhibit, buy signals (shown by the letter...Ignored
DislikedLots different from my renko style I also use 10 pip bricks looking at the spearman indicator set to Rank=7 Its renko indicators seem to work better with smaller settings 7 is my favourite when turns blue look at long when orange look at sell {image}Ignored
Disliked{quote} that chapter its completely FLAWED from start to finish.. that its NOT how you read renko and certainly thats not how you enter the market with them in my opinion that was more than a filler chapter based on hot air than anything else because, again, it doesnt hold true and its completely flawed logic in live trading conditionsIgnored
Disliked{quote} thank you very much ... very kind .. what do you think about it ?? {image} {image}Ignored
Disliked{quote} ITs easy my friend.. well, lets say "simple" instead of easy because people in general doesnt like to hear that word + trading in the same sentence =) Renko its just a bunch of price "blocks" of certain pip size (chosen by you) correct? you have an Open/High/Low/Close right? that relationship between OHLC (and what it means the price its doing) gives you clues of what the markets its going to do next; when you can read 1 candle, you can read a group of candle and forecast where the price its going with a high degree of accuracy..Ignored