Hi guys. I signed up to reddit at the recommendation of a friend who picked up some skills here. submitted by
I’ve been trading forex with moderate success for about a year. My account is up but not to the level I’d like. I recently started trading using primarily renko bars and I seem to be doing better. Wondering if anyone else here uses Renko and would like to share some ideas? I generally trade the London New York overlap and am around for those hours. Thanks in advance everyone.
Has anyone ever used Renko to trade forex? Looks interesting if using support and resistance along with a simple indicator. submitted by
I use renko charts and the forex.com charts have renko charts but when i try to use the traditional ones it does not work. The atr renko charts work fine on it but they are not what I want to use. I don't like forex.com but it was the only broker i could find in the US that had renko charts. Any help would be much appreciated. Also if u know of a better broker that has renko plz tell me. submitted by
App Name: TradingView - stock charts, Forex & Bitcoin ticker
Description: Stock charts with real-time market quotes & trading ideas. Traders & Investors.
Simple for beginners and effective for technical analysis experts, TradingView has all of the instruments for publication and the viewing of trading ideas. Real-time quotes and charts are available for wherever you are at whatever time.
At TradingView, all data is obtained by professional providers who have direct and extensive access to stock quotes, futures, popular indices, Forex, Bitcoin and CFDs.
You can effectively track stock market and major global indices such as the NASDAQ Composite, S&P 500 (SPX), NYSE, Dow Jones (DJI), DAX, FTSE 100, NIKKEI 225, etc. You can also learn more about exchange rates, oil prices, mutual funds, bonds, ETFs and other commodities.
TradingView is the most active social network for traders and investors. Connect with millions of traders from around the world, learn from the experiences of other investors and discuss trading ideas.
Advanced Charts TradingView has excellent charts that surpass even desktop trading platforms in quality — all for free. No compromises. All of the features, settings and tools of our charts will also be available in our app version. Over 10 types of charts for market analysis from different angles. Starting with an elementary chart line and ending with Renko and Kagi charts, which focus heavily on price fluctuations and barely take time into account as a factor. They can be very useful for determining long-term trends and can help you earn money.
Choose from a large selection of price analysis tools, including, but not limited to, indicators, strategies, drawing objects (i.e. Gann, Elliot Wave, moving averages) and more.
Individual watchlists and alerts You can track major global indices, stocks, currency pairs, bonds, futures, mutual funds, commodities and cryptocurrencies all in real-time.
Alerts will help you not to miss the smallest of changes in the market and will allow you to react in time to invest or sell profitably, increasing your overall profit.
Flexible settings help you to track the indices you need and also group them in a way that is convenient for you.
Syncing your accounts All saved changes, notifications, charts, and technical analysis, which you began on the TradingView platform will be automatically accessible from your mobile device through the app.
Real-time data from global exchanges Gain access to data in real-time on more than 100,000 instruments from over 50 exchanges from the United States, Russia, the East, and countries in Asia and Europe, such as: NYSE, LSE, TSE, SSE, HKEx, Euronext, TSX, SZSE, FWB, SIX, ASX, KRX, NASDAQ, JSE, Bolsa de Madrid, TWSE, BM&F/B3, MOEX and many others!
Commodity prices In real-time, you can track prices for gold, silver, oil, natural gas, cotton, sugar, wheat, corn, and many other products.
Global indices Track major indices of the world stock market in real-time: ■ North and South America: Dow Jones, S&P 500, NYSE, NASDAQ Composite, SmallCap 2000, NASDAQ 100, Merval, Bovespa, RUSSELL 2000, IPC, IPSA; ■ Europe: CAC 40, FTSE MIB, IBEX 35, ATX, BEL 20, DAX, BSE Sofia, PX, РТС, ММВБ (MOEX); ■ Asian-Pacific Ocean Regions: NIKKEI 225, SENSEX, NIFTY, SHANGHAI COMPOSITE, S&P/ASX 200, HANG SENG, KOSPI, KLCI, NZSE 50; ■ Africa: Kenya NSE 20, Semdex, Moroccan All Shares, South Africa 40; and ■ Middle East: EGX 30, Amman SE General, Kuwait Main, TA 25.
Cryptocurrency Get the opportunity to compare prices from leading cryptocurrency exchanges, such as HitBTC, Binance, BitBay, Coinbase, Mercado Gemini, Kraken, Huobi, OkCoin, and many others. Get information on prices for: ■ Bitcoin (BTC), Litecoin (LTC), Ripple (XRP); ■ Ethereum ( ETH), Ethereum Classic (ETC), IOTA; ■ Dogecoin (DOGE), USD Coin (USDC), Tron (TRX); ■ Stellar (XLM), Tether (USDT), Cardano (ADA); ■ Monero (XMR), ZCash (ZEC), Dash.
Playstore Link: https://play.google.com/store/apps/details?id=com.tradingview.tradingviewapp
Mod Features: Additional indicators available in pro version of this app
Renko Enhanced trading method. Renko Enhanced is a set of two indicators (Renko Trend and Renko Signal) which are optimized for trading CFDs. Renko Chop Alert indicator. Full access to the creators Trading Between the Lines course, which is a course about trading with Support and Resistance lines. Forex AutoScaler, the trade management EA. Renko is a neat concept, with a Non Nonsense Forex type of wrinkle to it that makes it a really unique opportunity. Just know what you’re getting into. And if you’re young, and have time to kill these days, get into it! My Forex Renko Charts FX Trading System solves this problem!It shows and teaches you a very specific combination of BOTH red and green forex renko bars for BOTH a buy signal and a sell signal. You will learn the "context" of using these forex renko bars together to find forex trading opportunities. Renko charts provide effective analysis, as they filter market noise and gives exact entry and exit points. Traders can also use ATR indicator on the Renko charts to measure volatility and box size value. Becoming a successful forex trader can take many years of practice. It is not easy to make a living from forex trading in my opinion. I use Renko only on certain forex pairs that I have found to trend quite well. I then find a box size that allows me to capture the bulk of the price moves, but also minimizes the whipsaw periods.
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