Dear traders In this in-depth post, I will show you everything you need to know about Renko charting, how they work, how to set them up, and how to realize significant profits with this fantastic chart technic. Renko charts are based on so-called bricks, which are build by price movement. Those bricks are built on two inputs, brick size and refresh time. And...
There were a total of 250-270 points of NQ scalps after the Iran missile strikes going long. If you held the first contract long on the swing trade (1st trade in the direction of the new trend is always the swing trade, marked by a fat arrow) you would have gained another 270 points.
Continuing on trade ideas from video 2 for Renko Dynamic Index and Renko Dynamic Index Zones using a few simple rules. Other indicators powered by the Renko Engine : Renko RSI Renko Trend Momentum Renko Weis/Ord Wave Volume Renko MACD and Renko MACD Overlay Strategies: RSI-RENKO DIVINE™ Strategy
I start getting into how I trade the Renko Dynamic Index and Renko Dynamic Index Zones using a few simple rules. I introduce some new coloring schemes and trade direction discovery algorithms. Other indicators powered by the Renko Engine : Renko RSI Renko Trend Momentum Renko Weis/Ord Wave Volume Renko MACD and Renko MACD Overlay Strategies: ...
I introduce the Renko MACD and Renko MACD Trend indicators. Other indicators powered by the Renko Engine: Renko RSI Renko Trend Momentum Renko Weis/Ord Wave Volume Strategies: RSI-RENKO DIVINE Strategy
I outline the several features and recent additions to the Renko Weis Wave Volume Indicator . Enjoy.
I start showing live data and how the band operates. I also discuss the ATR difference between this band and Trading View's Renko candles.
I discuss the behavior of the band when it exceeds multiple Renko price thresholds all in the same time interval.