ZenTrader17
Long

Ranko chart View

ICEEUR:CB1!   Crude Oil Brent
51 5 1
Another Angle from Ranko Candles. which are more predictable then normal candles i think.

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ZenTrader17
Crude Oil Trades
ZenTrader17 about CB1! 3 2 years ago
LEONES PRO
2 years ago
never used these Renko, why do you think they are more predictable?
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ZenTrader17 LEONES
2 years ago
They encapsulate chunks of price movement instead of just individual dates. so for the next candle to be positive or negative the price may have to rise by the default bar value. say 10 or 20 pips. this way when there is another brick added you know is moving and eliminates false signals as you are looking are a longer time frame as well. this is my experienced!!
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LEONES PRO ZenTrader17
2 years ago
ok, thanks interesting. can you change the default bar value or is it fixed?
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ZenTrader17 LEONES
2 years ago
in some cases you can . but it depends which broker you use and their charts. with my broker is a set number for different instruments.
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ZenTrader17
2 years ago
Out of the trade now. booked a nice scale in profit of 16%. across three positions . happy man!! ;-))
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