Hi guys. I signed up to reddit at the recommendation of a friend who picked up some skills here. submitted by
I’ve been trading forex with moderate success for about a year. My account is up but not to the level I’d like. I recently started trading using primarily renko bars and I seem to be doing better. Wondering if anyone else here uses Renko and would like to share some ideas? I generally trade the London New York overlap and am around for those hours. Thanks in advance everyone.
Has anyone ever used Renko to trade forex? Looks interesting if using support and resistance along with a simple indicator. submitted by
I use renko charts and the forex.com charts have renko charts but when i try to use the traditional ones it does not work. The atr renko charts work fine on it but they are not what I want to use. I don't like forex.com but it was the only broker i could find in the US that had renko charts. Any help would be much appreciated. Also if u know of a better broker that has renko plz tell me. submitted by
App Name: TradingView - stock charts, Forex & Bitcoin ticker
Description: Stock charts with real-time market quotes & trading ideas. Traders & Investors.
Simple for beginners and effective for technical analysis experts, TradingView has all of the instruments for publication and the viewing of trading ideas. Real-time quotes and charts are available for wherever you are at whatever time.
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You can effectively track stock market and major global indices such as the NASDAQ Composite, S&P 500 (SPX), NYSE, Dow Jones (DJI), DAX, FTSE 100, NIKKEI 225, etc. You can also learn more about exchange rates, oil prices, mutual funds, bonds, ETFs and other commodities.
TradingView is the most active social network for traders and investors. Connect with millions of traders from around the world, learn from the experiences of other investors and discuss trading ideas.
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Playstore Link: https://play.google.com/store/apps/details?id=com.tradingview.tradingviewapp
Mod Features: Additional indicators available in pro version of this app
The Forex Renko Zoomer Strategy is designed to remove a lot of the market noise generated by the standard candlestick charts. If you’re tired of using the same old Japanese candlestick charts, we like to introduce you to the Renko charts. $ 22.60 Renko charts provide effective analysis, as they filter market noise and gives exact entry and exit points. Traders can also use ATR indicator on the Renko charts to measure volatility and box size value. Becoming a successful forex trader can take many years of practice. It is not easy to make a living from forex trading in my opinion. Renko is a neat concept, with a Non Nonsense Forex type of wrinkle to it that makes it a really unique opportunity. Just know what you’re getting into. And if you’re young, and have time to kill these days, get into it! I use Renko only on certain forex pairs that I have found to trend quite well. I then find a box size that allows me to capture the bulk of the price moves, but also minimizes the whipsaw periods. My Forex Renko Charts FX Trading System solves this problem!It shows and teaches you a very specific combination of BOTH red and green forex renko bars for BOTH a buy signal and a sell signal. You will learn the "context" of using these forex renko bars together to find forex trading opportunities.
Renko Charts aren't for everybody, but let me tell you the pros, cons, and opportunities here before you pick a side. Because you WILL have to pick a side. B... This video describe a pure price action using Renko chart to identify BUY and SELL setup in the market. The strategy also gives you exact profit and stop tar... Equity2Commodity giving you a golden opportunity to learn a lot of technical indicators and become an independent trader. If you use these technical indicato... How to trade renko charts successfully - A 95% Winning Strategy What is a Renko Chart? A Renko chart is a type of chart, developed by the Japanese, that is b... Start with us for FREE here: https://www.nikostradingacademy.com/starter/ and discover one of the biggest worldwide academy on https://www.nikostradingacadem...