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.
At TradingView, all data is obtained by professional providers who have direct and extensive access to stock quotes, futures, popular indices, Forex, Bitcoin and CFDs.
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.
Advanced Charts TradingView has excellent charts that surpass even desktop trading platforms in quality — all for free. No compromises. All of the features, settings and tools of our charts will also be available in our app version. Over 10 types of charts for market analysis from different angles. Starting with an elementary chart line and ending with Renko and Kagi charts, which focus heavily on price fluctuations and barely take time into account as a factor. They can be very useful for determining long-term trends and can help you earn money.
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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
Does anyone out there use point and figure charts regularly? If so, do they jump around the way renko charts do? I'm pretty new and I'm messing around with different things. I'm trying to keep charts that are semi clean, I don't want a million lines all over the place. For this reason I like using renko charts by themselves as one tool and then have a "normal" chart with only one or maybe two indicators as a separate chart so that way I'm still using 3 or 4 indicators without my screen looking like a laser show. I don't have time to constantly sit in front of a screen though, I'm kind of playing with forex on the side but I noticed sometimes from the morning to the night or maybe the next day, a renko chart will change. So if I went to a point and figure instead, once a column of X's or O's is set, will it stay there when a new column is started? Are P&F's a good tool? I really want to see one move in real time the way you can see candles form but even at low settings I couldn't make it happen. I also couldn't find like a time lapse of one on youtube or anything. I know they take time out of the equation so it's going to be a matter of luck to see one change. Also I have a regular job so I can't be on during the busy times. If anyone does use it, could you use the standard forex strategies with it? I'm guessing if it's going to jump around then you can't use it to see when it crosses a trend line because it won't be reliable, but maybe renko and P&F are just good for secondary confirmation of a trend? Any thoughts or links to reputable videos/articles would be appreciated. Thanks. submitted by
Renko charts are commonly applied to stocks, forex, futures and ETF’s. You can even apply Renko charting analysis to the bond markets as well, if you please. For example this article shows you how to trade futures using Renko charts . Introduction to Renko Charts. The Renko is a type of technical chart that has been invented in Japan. The word ‘Renko’ is derived from the Japanese word ‘Renga’ which translates to bricks.The Renko chart visually looks like a series of bricks stacked on each other and hence the name. Using Renko Charts to Capture Trends. When the price is trending, Renko charts provide a simple way to stick with the trend. Don't exit until there is a reversal—a confirmed box of the opposite ... The Renko charts were developed in Japan, and the word Renko comes from the Japanese word for bricks, “renga.” This is because the structure of the Renko charts looks like a series of bricks. What are the Renko charts? The Renko charts compromise a series of bricks; each brick moves with the price movement at an angle of 45 degrees. Whereas in the candlestick and bar charts, one new candlestick or bar has to form within a special time frame, even if there is no reasonable price changes. Below is the EUR/USD Renko chart while the box size is set to 1. Please note that there is no time frame in Renko because time is not considered in Renko charts algorithm at all.
RENKO Trading Strategy (Ultimate Guide On Renko Charts Strategy) - In this Renko Trading Strategy series, I have explained Renko Charts Strategy for Beginner... 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... Renko bars mt4 and Renko chart mt5 are not as popular and not as well-known as normal candlestick or bar charts. However, if you initiate a Renko backtest, y... 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... 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...