Renko Chart Strategies: Renko Indicators, Patterns, Trade Filters
Renko chart strategies, as opposed to trading indicator signals, is a more comprehensive approach to trading. Instead of trading signals mechanically, a Renko method combining multiple indicators or patterns into trade setups is more beneficial.
Renko setups that include both price continuation and price reverses will give a variety of trades a single signal will not capture. Additionally, the use of trade setup filters for avoiding lower odds conditions would not be done trading signals mechanically.