Make faster decision with RENKO OHLC Education

Bitcoin / TetherUSBinance

Description

⋅ Mar 4, 2020 11:04 AM

On March 3, 2020 TradingView started supporting OHLC for Renko charting. Prior to this, only CLOSE of candle was available. Using OHLC provides faster signal to get in and out of trade, compared to using CLOSE.

Renko chart using OHLC

Renko Chart using CLOSE

Happy trading!

Comments

shanmucknaidu

⋅ Jun 16, 2021 6:43 PM

Thanks for info, But it may add more noise to the charts.

AdamZurich

⋅ Nov 27, 2020 10:37 PM

Thanks for the information. What channel is this on the chart? What is its name? Thanks.

Kopson

⋅ Sep 4, 2021 10:10 AM

@AdamZurich, Donchian Channel. Timeframe is irrelevant. This is Renko.

AdamZurich

⋅ Sep 5, 2021 8:58 PM

@Kopson, thank you very much!