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Renko Basics

Learn how to use Renko charts the right way. Here you will find a collection of resources to help you understand the basics of Renko charts. By the end of this section, you would be able to read Renko charts by yourself and be ready to even understand price action from Renko charts. If you are new to Renko charting, this section is essential to understanding all the other concepts on this website. Therefore, spare some time to go through the Renko basics section in detail. You can leave comments if anything is confusing or if you need any clarifications.

Difference between using M1 and other timeframe data for Renko charts

Posted by on December 19, 2016 | Read More

What time frame to use for a Renko chart is one of the commonly asked questions which can be easily mistaken. In this article we explain what is a base chart and also look at how Renko bricks are plotted differently when using different base charts as data for Renko charts.

How to use Renko chart to trade E-Mini S&P500 Futures

Posted by on November 22, 2016 | Read More

S&P500 E-mini futures are one of the most poplar of futures trading instruments. Known for its simplicity, here’s a brief look at what factors to consider when you want to analyze the S&P500 e-mini futures chart using Renko.

How to find the right Renko box size to trade?

Posted by on October 21, 2016 | Read More

One of the most frequent questions that I get asked is what Renko box size should one choose. Most of the times, traders often follow up this question including their instrument or asset of choice that they are trading using Renko charts.

What are Range bars and how is it different to Renko bars?

Posted by on September 18, 2016 | Read More

Range bars look a bit similar to Renko bars, but they are not the same. In this article, we take a look at what are range bars, how prices are plotted in a range bar and more importantly the distinctive features that sets apart range bars from Renko bars.

What are Renko bars?

Posted by on August 29, 2016 | Read More

What are Renko bars? How do they work and how are Renko bars different from other chart types. This article explains the very basics of Renko bars which is another chart type. Renko bars are unique to the more commonly used candlestick, line or bar chart type.

How do mean renko charts plot price

Posted by on May 31, 2016 | Read More

The mean renko chart looks and plots prices differently compared to the standard renko chart. Many traders are often confused on how the open/close on mean renko charts work. This article explains it all.

Renko Trade Assistant – MT4 Indicator

Posted by on February 29, 2016 | Read More

Renko trade assistant is a unique MT4 indicator which is used for Renko or Median Renko offline charts. Use this indicator to add to your Renko charts to quickly identify the key price reversal levels and also the Renko or Median Renko box size you are using

How to back test EA’s on Renko charts

Posted by on February 21, 2016 | Read More

Want to test out automated trading strategies on offline Renko charts? Read this step-by-step guide on how you can backtest trading strategies on Renko charts with 99% modeling quality.

Renko Expert Advisor for MT4

Posted by on July 3, 2015 | Read More

The Renko EA is an expert advisor and is in fact a better option (or can be used alongside) than the RenkoLiveChart_v3.0 indicator. This EA works the same way as the RenkoLiveChart indicator but comes with some additional features. More on this Renko indicator for MT4

RenkoLiveChart_v3.0 Indicator for MT4

Posted by on July 1, 2015 | Read More

The MT4 trading platform is undoubtedly one of the most popular trading platforms for the average retail trader. Despite the popularity and the many revisions to the MT4 trading platform, there has been little to no improvement when it comes to accommodating other chart types.