Equidistant price channel trading strategy on Renko Charts
The equidistant price channel Renko trading strategy is a price action based trading strategy that is used to trade the counter trend moves. Using the equidistant price channel, traders can identify potential short term reversals that take place within a trend. Learn more on how to trade price reversals on Renko charts using the equidistant price channel.
Renko Charts Weekly Trade Opportunities (17 Oct – 21 Oct, 2016)
This week's Renko technical analysis looks at EURUSD, EURAUD, USDJPY and XAGUSD (Silver). Next week is busy with lots of economic data including US, Canada, Australia and the Eurozone. Inflation will be the main theme next week with the BoC and ECB meetings scheduled over the week.
Renko Charts Weekly Trade Opportunities (10 Oct – 14 Oct, 2016)
This week's Renko technical analysis looks at EURUSD, EURJPY, USDJPY and AUDUSD (Gold). Next week is quiet with not much of economic data to go by. In the US, Janet Yellen's speech and retail sales and PPI data will be of importance in an otherwise slow trading week. US, Japan and Canada are closed on Monday.
Renko Charts Weekly Trade Opportunities (3 Oct – 7 Oct, 2016)
This week's Renko technical analysis looks at EURUSD, GBPJPY, EURGBP and XAUUSD (Gold). Next week is busy across the board with US payrolls and ISm surveys on the tap. While it is unlikely to expect and trends in the market, there are some short term scalping opportunities. Read what the markets have in store for the week ahead.
Renko Charts Weekly Trade Opportunities (26 Sep – 30 Sep, 2016)
This week's Renko technical analysis looks at EURUSD, USDJPY, GBPUSD and XAUUSD (Gold). We expect to see a near term retracement in prices for som of the assets. For the next week, speeches from central bank governors will be the main event risk to watch for. Read what the markets have in store for the week ahead.
Renko Chart Parabolic SAR Retracement strategy
This Renko trading strategy is based on trading the pull backs in a trend, by using the parabolic SAR indicator and combining it with Renko price action. Read how to trade this rather simple Renko trading strategy.
What are Range bars and how is it different to Renko bars?
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.
Renko Charts Weekly Trade Opportunities (12 Sep – 16 Sep, 2016)
This week's Renko technical analysis looks at EURUSD, USDJPY, NZDUSD and XAGUSD (Silver). We expect to see a near term retracement in prices while also bearing in mind next week's FOMC and BoJ meetings which will be a key event risks. Read what the markets have in store for the week ahead.
Forex Tester 3 Review with Renko Charts
Forex Tester 3 is very likely going to be a top hit among traders, even more so with Renko traders. With the latest feature upgrade now offering native Renko charts, traders can spend endless hours fine tuning their manual or automated trading strategies using Forex Tester 3.
Renko Charts Weekly Trade Opportunities (05 Sep – 09 Sep, 2016)
This week's renko technical analysis continues with focus on EURUSD, USDJPY, XAGUSD (Silver) and USDCHF. We continue to maintain the basis that the dollar could be seeing some weakness in the near term and providing some good trading opportunities. This week's analysis also includes trading positions, most offering a 1:3 Risk/Reward set up.
What are Renko bars?
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.
Renko Charts Weekly Trade Opportunities (27 Aug – 02 Sep, 2016)
This week we look at EURUSD, USDCHF, USDJPY and XAGUSD (Silver). Last Friday, the US dollar jumped after Janet Yellen said that the case for rate hike had strengthened. This led to a strong rally in the USD leaving many USD crosses vulnerable and posting strong losses.
Renko scalping with 15-minute close
Make 20 - 50 pips every day with this simple to use and easy to understanding scalping set up with Renko charts. Learn how to make profitable trades intraday with a high rate of success using Renko charts and a trading strategy of your choice.
The US dollar index is getting ready for a bull run
Renko technical analysis for the US dollar index shows that price action is currently at a strong support level, which could trigger an upside risk. The dollar index is quite likely to post a strong rally to the upside, targeting 98.00
cTrader Mean Renko and Classic Renko Bars Indicator
How to install Renko charts and mean Renko charts on the cTrader trading platform. This step by step tutorial gives you the details on using Renko charts for cTrader. cTrader, a unique ECN based trading platform has been an alternative choice for traders who preferred something different from the traditional MT4 trading platform.
Renko Moving Average Crossover system made easy
Learn how you can make use of one of the most simplest of trading strategies. Apply two moving averages to Renko charts and use the methods outlined in this article to trade one of the most powerful set ups you can find.
How do mean renko charts plot price
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.
Median Renko Bars for Ninjatrader
Median Renko and Renko indicator for Ninjatrader is a powerul yet simple indicator/plugin that enables you to generate Renko or Median renko charts on the Ninjatrader platform. This article takes a closer look at the Ninjatrader median renko chart plugin.
MT5 Median Renko Indicator. Renko Chart in MT5
MT5 Median Renko chart indicator for the MT5 trading platform is a versatile tool, useful to trade with median Renko charts. This article takes a detailed look at how you can trade with median renko charts on MT5 trading platform.
Ninjatrader – Renko Charts Review
Ninjatrader Renko Chart review takes a detailed look into how to use Renko charts with the Ninjatrader trading platform as well as comparing the features with FXCM's Marketscope.
Mini-median line with Median Renko chart – A scalping strategy
Mini-median lines and median Renko charts is a simple but powerful trading strategy that can be used to scalp strong trending markets. Learn how to apply this Renko trading strategy.
Dollar Index – Preparing for a decent correction
Technical analysis of the US Dollar Index using Renko charts shows a very interesting price action pattern taking shape which can offer some great trading opportunities for those who can have the patience to wait for the right set ups. Learn more on the US Dollar Index Renko analysis.
Renko Trade Idea: CADJPY
CADJPY Renko technical analysis offers a trade idea worth exploring. Combining multi Renko box analysis, read more about the short term price analysis in CADJPY using Renko charts.
Three signals that point to USDJPY upside
USDJPY 100 Pip Renko technical analysis shows that price action is losing momentum to the downside indicating a potential pullback on the horizon. Read this USDJPY renko technical analysis to learn more about what's in store with USDJPY.
Renko Trade Assistant – MT4 Indicator
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
GBP Outlook – Very bearish in the long term
The British Pound could be in for some volatile price action as 1.41 forms a key double bottom based on the Renko chart. A bounce off 1.41 could signal a move to 1.50 but the longer term bias remains strongly bearish. Read more on the GBP Analysis using Renko charts.
How to backtest EA’s on Renko charts
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.