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:
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I introduce the RENKO - RSI Merge feature. I am very happy about this as it solves draw down problems as well as sub-optimal entries after oversold or overbought conditions in a long/short trend.
A bullish pinbar formed yesterday in the daily candlestick chart. This pinbar occurred from a small pullback, off of near term support. Bullish pinbars are patterns that show a false break lower, where there are now traders to went short as it dropped, but when price got pulled back up those traders are now trapped in losing positions. This signals a market...
Weekly update on the major US equity markets using the Dow Jones E-mini futures index.
Stay tuned! There should be more to come
Just remember:
The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully...
Weekly update on the major US equity markets using the Dow Jones E-mini futures index.
Stay tuned! There should be more to come
Just remember:
The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully...
