Renko Charts Indicator

Introduction to the Renko Charts Indicator The Renko Chart was originally developed by Steve Nison and first introduced to the world in his book “Beyond Candlesticks”. What actually is a Renko Chart? Simply speaking, it is a type of price charting. I am sure you know about the Japanese Candlestick Charts, Bar Charts, Line Charts.…

Adaptive Renko Indicator

Introduction to the Adaptive Renko Indicator The Adaptive Renko indicator utilizes trend recognition along with the trailing stops. It can even be your all-in-one trend riding trading tool. That tool consists of two elements: small dotted lines and two bold red/green solid lines. The dotted lines work as upper and lower bands of the channel,…