Renko Trading Basics

Renko Chart Day Trading Strategies And Method Training

Welcome To Renko Chart Trading Strategies
 

This Renko chart day trading strategies and training overview first compare Renko brick charts to tick bar charts. Then discussed are the benefits of trading Renko charts, including why I have found our Renko trading strategies and method both clearer to trade, as well as to teach to other traders.

 

There are also 4 Renko day trading strategies basics videos. These videos discuss the day trading indicators, method day trade setups, and the trade setup filters that are used to increase the Renko trading profits.

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Renko Trading System Trades Setups And Day Trading Profitability
Renko Trading System

Renko Trading System Trades Setups And Day Trading Profitability

The Renko system trades setups will be taken from our Renko method with the exception of the price envelope reverse because it would not be profitable day trading without filtering. The 2 setups that will be mechanically system traded will be the midline reject and price extreme reverse and they will use the ‘base’ method setup components.

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Renko Trading System And Renko Trading Method Differences
Renko Trading System

Renko Trading System And Renko Trading Method Differences

When comparing a Renko trading system and Renko trading method, you will find significant differences. Our Renko method allows for trade filtering to avoid low odds trades, along with profit expansion strategies. A Renko system would instead take all trades mechanically regardless of conditions and also take the same size profit mechanically too, which is why I would say that the best Renko trading system is a Renko method.

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