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.
How do mean renko charts plot price
Posted by on May 31, 2016 | Read MoreThe 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 MoreRenko 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 MoreWant 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 MoreThe 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 MoreThe 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.
Types of Renko Charts – Read Renko Charts more accurately
Posted by on September 12, 2014 | Read MoreRenko charts, despite their simplicity can be disastrous if a trader does not have a proper understanding of how the Renko charts’ boxes are plotted. In the previous article, I mentioned how Renko charts can be configured based on the box size.
An Objective approach to trading with Renko Charts
Posted by on August 14, 2014 | Read MoreA subjective approach to trade always carries the risk of misreading the charts or price action. Fortunately, renko charts offer an objective approach to trading and helps not just with forming a trade analysis or bias but also helps with trade management. This article explains more on this topic.