Renko Method Trading Indicators And Trade Setups
The Renko method trading indicators and trade setups have been developed with a momentum component, since momentum and divergences affect price movement.
The Renko method trading indicators and trade setups have been developed with a momentum component, since momentum and divergences affect price movement.
A Renko chart is a type of chart that plots pre-determined fixed movements of price as Renko bricks. This chart type does not use time or volume and can help eliminate the ‘noise’ from other chart types. This additional chart clarity is a reason we use Renko charts for our day trading method.
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