How to choose the best indicator to use with renko?
A step by step guide on how to find the best indicator to use with renko charts. This article shows you how you can go about finding your own renko indicator that works best for you. You will also learn about renko indicators that are not recommended. Read to find out the best indicators you can use with renko.
Top Five Tips To Trade Renko Charts Successfully
Wondering how to trade renko charts successfully? While there is no magic bullet, this article has top five tips that will help you to trade with renko charts profitably. Read the top five renko trading tips to help your renko trading strategy to be more profitable.
How to use renko charts for intraday trading
Are you looking to use renko charts for intraday trading? This detailed guide will offer you a step by step view of how you can achieve this. We give you practice advice on how to get started by daytrading using Renko charts.
How to set up & configure Tradingview Renko charts?
Tradingview Renko charts configuration guide. Learn step by step on how you can set up and configure the renko charts on the tradingview.com platform. This easy guide will get you going and will explain to you the various nuances in view the forex renko charts on tradingview.com platform.
Renko chart software for trading Indian stocks
Renko chart software for trading Indian stocks can be a lucrative way for traders who are interested in trading the equities listed on the stock exchanges in India. As the global economy continues to ease, growth in some of the developed economies have been slow. Use Renko charts now to trade NSE and BSE stocks.
Renko Charts: A Better Way to Trade Forex?
It is probably because of its presentation that Renko charts are now being used by traders who expect to make better trading decisions. Read to find out how Renko charts can improve your forex trading. Also find out if it is better than other unconventional chart types.
What are the advantages of trading with a price only chart and not time?
While trading, you will need to display the market prices in a visual way, and…
Trading Quiz – How well do you know Renko charts?
Over the past few years we at Renkotraders.com have been focused on writing about Renko charts. We thought to take a break from the usual and instead publish a mini-quiz. This trading quiz will put your renko trading skills and knowledge to the test. It is very basic, and you can use this quiz to see where you stand.
Importance of Quality Forex Data Feed and Why This Matters
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
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?
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 using Renko charts
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
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
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?
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?
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?
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
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
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 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.
Renko Expert Advisor for MT4
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
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.
Difference between Median Renko and Regular Renko bars
Median Renko charts might come across as a fancy new addition or modification to the traditional renko charts. In this article, we explain the main differences between the Median Renko bar and the traditional renko bars and further explain if the Median Renko bars offer an additional edge to the trader.
Types of Renko Charts – Standard Renko, Custom Renko and Mean Renko Charts
Renko 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.
Trading with Renko Charts – An objective approach
A 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.
Renko Chart Price Action Trading Example
Trading price action can be quite demanding. With Renko charts it is a lot easier, but on the same note, price action trading with renko charts requires a lot of patience. Read this article along with an example that illustrates a renko chart price action trade set up.
Forex Renko Trading System – ATR V/s Fixed Box size
Once you are familiar with Renko charting, the next question that comes to mind is whether to use a fixed box renko chart or an ATR based renko chart. In this article, we explore the differences between the two and also their pros and cons.