Re: Renko Simple System

21
Renko77 wrote: Tue Feb 25, 2025 11:07 pm Thankyou for sharing!

I am going to check,

Why i am asking for indicator bcoz i already use EA on my chart, that why i need indicator.

Well can you share more your experience related to renko chart, like 6,7 types of renko chart which ine you found best?
With brick
Without brick
Range
Mean median

What is the difference between paid and free?

Why renko chart not popular all over the world,only less 1% using?

Please share your experience
The EA goes on a new 1 minute chart then you open the offline Renko chart so you can then add your other EA to that.

You will need to experiment with different Renko charts for different asset classes and see which one you prefer. I use a 50 point (5 pip) median for indices.

Renko is really just a price smoother giving clean charts and obvious levels for use with support and resistance levels.

The same rules apply as to normal charts. Always 50/50 on entry, the aim is to ride winners and get out of losers early.

Good Luck.