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.

The Importance of a Quality Forex Data Feed and Why This Matters for Traders

Posted by on March 24, 2017 | Read More

If you are actively trading forex, it is important your broker provides you with a quality data feed on which you can base your decisions. As Renko charts are based on price alone and specifically closing prices, filtering out time noise, it is even more important that you are trading off a quality price feed.

Difference between Point and Figure charts and Renko charts

Posted by on February 23, 2017 | Read More

Point and Figure chart might look similar in the functionality to Renko chart as both these charts are independent of time. In this article, learn what is a Point and Figure chart and the difference and similarities between a Point and Figure chart and a Renko chart.

What are Renko charts and how to trade them?

Posted by on February 15, 2017 | Read More

What are Renko charts, is an article that goes into the very basics of what Renko charts are and how these blocks are formed. If you are a complete beginner to Renko charts, then this article is where you should start about learning to trade with Renko.

How to trade futures with Renko charts

Posted by on January 31, 2017 | Read More

Futures trading can be a profitable way for day traders to speculate on the short term market movements. In this article, you will be introduced to how you can trade futures using Renko charts along with some commonly made mistakes when trading with Renko charts.

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.