What is Renko chart pattern in forex

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What is Renko chart Pattern

Introduction


Renko chart ek technical analysis tool hai jo financial markets mein istemal hota hai. Ye ek alag tareeqa hai prices ko represent karne ka, traditional candlestick ya bar charts se mukhtalif hai. Renko charts mein, har "brick" ya "box" ek fixed price movement ko darust karta hai, jabke traditional charts mein har candlestick ya bar ek fixed time period ko represent karta hai.
Renko charts ki khas baat ye hai ke ye sirf price ki movement pe ghor karte hain aur time ko ignore karte hain. Har brick ka size, trader ki pasandidgi ya market ki volatility ke mutabiq adjust kiya ja sakta hai. Agar market mein tez movement hai to bricks ka size bada hota hai, jabke slow market mein bricks ka size chhota hota hai.



Understanding Renko chart in Trading



Renko charts ko samajhne ke liye, aapko pehle "brick" ki concept ko samajhna hoga. Har brick ka center ek specific price level ko represent karta hai, aur agar market us price level tak pahunchti hai, to naya brick ban jata hai. Isme time factor nahi hota, jaise ke traditional charts mein hota hai.




Renko chart VS Candlestick Chart





Renko charts ka istemal trend identification aur price reversals ko samajhne ke liye hota hai. Agar bricks upar ki taraf ja rahe hain, to ye ek uptrend ko darust karta hai. Jab bricks neeche ki taraf ja rahe hain, to ye ek downtrend ko show karta hai. Agar bricks horizontal hain, to market mein consolidation ya range-bound movement ho sakti hai.
Renko charts ki ek aur khas baat ye hai ke ye noise ko kam karta hai, kyun ke har brick ek fixed price movement ko darust karta hai. Isse trader ko saaf aur sahi signals milte hain.



Renko chart Strategy



Renko charts ka istemal stocks, commodities, forex, aur cryptocurrencies mein hota hai. Iska istemal kuch traders ko traditional charts se zyada reliable lagta hai, kyun ke ye price action pe focus karta hai aur market ki noise ko kam karta hai.
Is tareeqe se, Renko charts ek powerful tool ho sakta hai technical analysis mein, lekin iska istemal kisi bhi ek indicator ke saath nahi hota, balki trader apni strategy ke mutabiq ise integrate karta hai. Iski flexibility aur simplicity ki wajah se, ye traders ke darmiyan popular ho raha hai jo price action pe zyada focus karte hain.

Assalamu Alaikum Dosto!

Renko Chart Pattern

Renko chart patterns aik qisam ka financial ka chart hain jo technical analysis mein istemal hota hai jo ke price movements ka istemal karte hain zyada tar charts ki tarah keemat aur mawafiq waqt ke bajaye. Ye chart Japanese lafz "renga" ke baad soorat hasil karte hain, kyunke ye aik silsila e bricks ki tarah nazar aata hai. Jab keemat aik mukarrar miqdar mein move karti hai, aik naya brick banta hai, aur har block pichle brick ke 45-degree ke konay par position pay leta hai (up ya down). Aik up brick aam tor par safed ya hara hota hai, jabke aik down brick aam tor par siyah ya laal hota hai. Renko charts traditional candlestick charts mein dekhi jane wali kuch khasiyat ko zahir karte hain, jese ke double tops aur double bottoms, head and shoulders, aur triangles. Jab aise chart patterns Renko chart par nazar aate hain, to unhein asani se pehchana ja sakta hai aur wo zyada reliable hote hain. Renko charts traders ko trends ko wazeh tor par pehchanna mein madad karte hain shor ko door karke aur bade qeemat ki harkaton ko emphasize karke, jo unhein behtareen faislay karne mein madad faraham karte hain. Renko charts support aur resistance levels ko pehchane mein kargar hote hain kyunke candlestick chart ke muqablay mein yahan kaafi kam shor hota hai. Renko chart patterns mein "W" aur "M" patterns shamil hote hain, jo ke do aam Renko chart patterns hote hain aur aik corrective move ko zahir karte hain. Ye aam tor par uptrend ke top par aur downtrend ke bottom par nazar aate hain. "W" pattern aik corrective ya reversal move ko zahir karta hai, aur jab aik "W" Renko chart pattern nazar aata hai, to traders ko short position lena chahiye.

History

Renko charts Japan ke Edo dor (1603-1868) mein urooj pazeer huay, jahan unka istemal chawal ke mustaqbil ke faize ki qeemat ki harkaton ko dekhne ke liye kia jata tha. "Renko" ka lafz Japani zaban se liya gaya hai jo aik brick ke liye hai, jo "renga" hai. Japani mein, "ren" ka matlab hai "brick" aur "ko" ka matlab hai "chhota." Renko charts ko market ki shor ko filter out karne ke liye taraqqi di gayi thi aur sirf aise qeemat ki harkaton par tawajjo deni thi jo kafi ahem thin.
Renko charts waqt ko nazar andaz karte hain aur sirf uss tabdeeli par tawajjo dete hain jo minimum shartein ko puri karti hai. X-Columns aur O-Columns ke bajaye, Renko charts istemal karte hain qeemat "bricks" ko jo aik mustaqil qeemat ki harkat ko darust karte hain. Ye bricks kabhi kabar "blocks" ya "boxes" ke tor par refer kiye jate hain. Ye 45 degree ki lines mein upar ya neeche jaate hain aik brick per. Upward qeemat ki harkaton ke liye Renko bricks khali hotay hain jabke downward qeemat ki harkaton ke liye wo bharay hotay hain aik mazboot rang se. Renko charts bricks par mabni hotay hain jo chhote qeemat ki harkaton ko filter out karte hain. Aam bar, line ya candlestick chart ki tarah, ek uniform date axis hota hai jis mein baraber spaced din hotay hain. Unke Japanese rishton (Kagi aur Three Line Break) ki tarah, Renko charts shor ko filter karte hain sirf minimum price changes par tawajjo dete hue. Renko bricks tab nahi jodte jab tak price aik makhsoos miqdar se tabdeel nahi hoti. Point & Figure charts ki tarah, ahem uchay aur low ko aasani se pehchana ja sakta hai, aur key support aur resistance levels ko nazar andaz kiya ja sakta hai.
Renko charts mukhtalif markets mein wide taur par istemal kiye jate hain, including stocks, forex, aur futures. Ye khaaskar traders ke darmiyan mashhoor hain jo apne trading strategies ko inform karne ke liye technical analysis ka istemal karte hain, kyun ke Renko charts market ki shor ko filter out karne mein madad karte hain aur market ke trends ka zyada wazeh tasveer faraham karte hain. Halankeh Renko bars ka istemal bohot pehle se hota tha, lekin inhein pichle kuch dashak mein maghrib mein le aaya gaya. Aik maqbool technical analyst, Steve Nison, ne Renko charts ko pichle bees saal mein maghribi duniya mein apni kitaab "Beyond Candlesticks: New Japanese Charting Techniques Revealed" (1994) ke zariye introduce kiya. Tab se le kar ab tak, Renko charts duniya bhar mein popular ho gaye hain, jinhein traders ne mukhtalif maliyat ke asaasiyat ko track karne ke liye istemal kiya hai.

Trend Identification

Renko charts aik popular tool hain jo technical analysis mein istemal hota hai taake lambi muddat ki qeemat ki taraf ishara kar sake aur market ki shor ko filter out kar sake. Renko charts istemal karte hain qeemat "bricks" ko jo aik mustaqil qeemat ki harkat ko darust karte hain, aam tor par 10 points ya zyada. Ye bricks 45-degree ke konay par pichle brick se jate hain, up bricks khali ya white hotay hain aur down bricks bharay ya black. Renko charts market ki shor ko filter out karte hain aur sirf un qeemat ki harkaton par tawajjo dete hain jo minimum shartein ko puri karti hain. Is se trends aur potential trade opportunities ko pehchanna asaan ho jata hai. Renko charts customize kiye ja sakte hain, aur traders brick size ko apni pasand aur market ki halat ke mutabiq adjust kar sakte hain. Renko charts trends aur support/resistance levels ko pehchanna asaan banate hain, aur wo markets ke din-ba-din shor ko door kar dete hain, jo ke rational faislay karne ko asaan banata hai. Renko charts Japan mein Edo dor (1603-1868) mein taraqqi pazeer huay, jahan unka istemal chawal ke mustaqbil ke faize ki qeemat ki harkaton ko dekhne ke liye kia jata tha. Renko charts maghrib mein Steve Nison ke zariye le aaye gaye, jo ke aik mashhoor technical analyst hain, inki kitaab "Beyond Candlesticks: New Japanese Charting Techniques Revealed," jo ke 1994 mein shaya hui, mein. Tab se le kar ab tak, Renko charts duniya bhar mein mashhoor ho gaye hain, jahan traders ne unhein mukhtalif maliyat ke asaasiyat ko track karne ke liye istemal kiya hai.
Renko charts kai ahem khasiyat rakhte hain jo unhein makhsoos banati hain:

• Filtering Market Noise: Renko charts market ki shor ko filter out karte hain aur sirf un qeemat ki harkaton par tawajjo dete hain jo minimum shartein ko puri karti hain. Is se trends aur potential trade opportunities ko pehchanna asaan ho jata hai.
• Fixed Price Move: Renko charts istemal karte hain qeemat "bricks" ko jo aik mustaqil qeemat ki harkat ko darust karte hain, aam tor par 10 points ya zyada. Ye bricks 45-degree ke konay par pichle brick se jate hain, up bricks khali ya white hotay hain aur down bricks bharay ya black.
• Customize karna: Traders brick size ko apni pasand aur market ki halat ke mutabiq adjust kar sakte hain. Ye traders ko apne Renko charts ko apni trading strategies ke behtar mutabiq fine-tune karne ki ijaazat deta hai.
• Easy Trend Identification: Renko charts trends aur support/resistance levels ko pehchanna asaan banate hain. Ye is wajah se hota hai ke wo market ki shor ko filter out karte hain aur sirf ahem qeemat ki harkaton par tawajjo dete hain.
• Less clutter: Renko charts markets ke din-ba-din shor ko door kar dete hain, jo ke rational faislay karne ko asaan banata hai. Ye traders ko chhote-term ki qeemat ki harkaton mein phansne se bacha sakta hai aur bari tasveer par tawajjo dena asaan ho jata hai.

Renko charts aik makhsoos technical analysis ke andaaz hain jo traders ko market ki shor ko filter out karne aur ahem qeemat ki harkaton par tawajjo dena mein madad faraham karte hain. Ye khaaskar trend-following strategies ke liye mufeed hote hain aur unhein individual trading preferences ke mutabiq customize kiya ja sakta hai.

Renko Chart Ki Hososeyat

Renko chart patterns dusre chart patterns se kai tareeqon mein mukhtalif hote hain. Renko charts qeemat ki harkat ka istemal karte hain zyada tar charts ki tarah keemat aur mawafiq waqt ke bajaye. Ye chart Japanese lafz "renga" ke baad soorat hasil karte hain, kyunke ye aik silsila e bricks ki tarah nazar aata hai. Jab keemat aik mukarrar miqdar mein move karti hai, aik naya brick banta hai, aur har block pichle brick ke 45-degree ke konay par position pay leta hai (up ya down). Aik up brick aam tor par safed ya hara hota hai, jabke aik down brick aam tor par siyah ya laal hota hai. Renko charts choti qeemat ki harkaton ko filter out karte hain, jo ke traders ko ahem trends par tawajjo denay mein madad faraham karta hai. Jabke ye trends ko pehchanna bohot asaan bana deta hai, nuqsan ye hai ke kuch qeemat ki maloomat Renko charts ke sadey brick construction ki wajah se ghayab ho jati hai. Renko charts traditional candlestick charts mein dekhi jane wali kuch khasiyat ko zahir karte hain, jese ke double tops aur double bottoms, head and shoulders, aur triangles. Jab aise chart patterns Renko chart par nazar aate hain, to unhein asani se pehchana ja sakta hai aur wo zyada reliable hote hain. Renko charts traders ko trends ko wazeh tor par pehchanna mein madad karte hain shor ko door karke aur bade qeemat ki harkaton ko emphasize karke, jo unhein behtareen faislay karne mein madad karte hain. Renko charts support aur resistance levels ko pehchane mein kargar hote hain kyunke candlestick chart ke muqablay mein yahan kaafi kam shor hota hai. Renko chart patterns mein "W" aur "M" patterns shamil hote hain, jo ke do aam Renko chart patterns hote hain aur aik corrective move ko zahir karte hain. Ye aam tor par uptrend ke top par aur downtrend ke bottom par nazar aate hain. "W" pattern aik corrective ya reversal move ko zahir karta hai, aur jab aik "W" Renko chart pattern nazar aata hai, to traders ko short position lena chahiye. Renko charts candlestick charts, bar charts, aur point and figure charts jese doosre chart patterns se mukhtalif hote hain. Candlestick charts waqt par mabni hotay hain, jabke Renko charts qeemat ki harkat par mabni hote hain. Renko charts shor ko filter out karte hain aur traders ko trends ko zyada wazeh tor par dekhne mein madad karte hain, kyunke sab harkaton ko jin ki qeemat box size se chhoti hoti hai, filter out kar diya jata hai. Point and figure charts Renko charts ke bohot hi mukhtalif nahi hote kyunke wo sirf qeemat ko plot karte hain, lekin wo X aur O ka istemal kartay hain jo ke uthne aur girne wali qeematon ko darust karte hain. Waqt point and figure charts mein ek variable nahi hai. Ikhtisar mein, Renko chart patterns apne construction aur noise ke filter hone mein mukhtalif hote hain, jo ke unhein trends aur support aur resistance levels ko pehchane mein kargar banata hai.

Renko Chart & Other Charts mein Differences

Renko charts doosre chart patterns jese candlestick charts, bar charts, aur point and figure charts se mukhtalif hote hain. Is section mein, hum Renko chart patterns aur doosre chart patterns ke darmiyan farqat par baat karenge.

• Construction
  Renko charts qeemat ki harkat ka istemal karte hain zyada tar charts ki tarah keemat aur mawafiq waqt ke bajaye. Ye chart Japanese lafz "renga" ke baad soorat hasil karte hain, kyunke ye aik silsila e bricks ki tarah nazar aata hai. Jab keemat aik mukarrar miqdar mein move karti hai, aik naya brick banta hai, aur har block pichle brick ke 45-degree ke konay par position pay leta hai (up ya down). Aik up brick aam tor par safed ya hara hota hai, jabke aik down brick aam tor par siyah ya laal hota hai. Renko charts choti qeemat ki harkaton ko filter out karte hain, jo ke traders ko ahem trends par tawajjo denay mein madad karta hai. Dusri taraf, candlestick charts, bar charts, aur point and figure charts waqt aur qeemat par mabni hote hain.
• Noise Filtering
  Renko charts shor ko filter out karte hain aur traders ko zyada wazeh tor par trends ko dekhne mein madad karte hain, kyunke sab harkaton ko jin ki qeemat box size se chhoti hoti hai, filter out kar diya jata hai. Ye trends ko pehchanna bohot asaan bana deta hai, lekin nuqsan ye hai ke kuch qeemat ki maloomat Renko charts ke sadey brick construction ki wajah se ghayab ho jati hai. Candlestick charts, bar charts, aur point and figure charts Renko charts ke tareeqe se shor ko filter out nahi karte.
• Chart Patterns
  Renko charts traditional candlestick charts mein dekhi jane wali kuch khasiyat ko zahir karte hain, jese ke double tops aur double bottoms, head and shoulders, aur triangles. Jab aise chart patterns Renko chart par nazar aate hain, to unhein asani se pehchana ja sakta hai aur wo zyada reliable hote hain. Renko charts shor ko door karke aur bade qeemat ki harkaton ko emphasize karke traders ko trends ko wazeh tor par pehchane mein madad karte hain. Candlestick charts, bar charts, aur point and figure charts bhi chart patterns ko zahir karte hain, lekin unhein Renko charts par utna hi asaan pehchana ja sakta hai.
• Support aur Resistance
  Renko charts support aur resistance levels ko pehchane mein kargar hote hain kyunke candlestick chart ke muqablay mein yahan kaafi kam shor hota hai. Renko charts strong support aur resistance areas ko highlight karte hain, jo traders ko price breakouts ko dekhne aur naye trend par sawar hone ki ijazat deta hai. Candlestick charts, bar charts, aur point and figure charts bhi support aur resistance levels ko pehchan sakte hain, lekin ye Renko charts ki tarah wazeh nahi hote.
• Box Size
  Renko chart banane ka pehla qadam ye hota hai ke boxes ka size tay karna hota hai jo ke qeemat ki harkat ko zahir karta hai. Stock ke misaal ke liye, maan lijiye aik stock ki keemat Rs. 10 hai aur uska box size Rs. 0.25 hai. Agar keemat Rs. 10.25 tak pohanchti hai to aik naya brick bana jata hai. Ye brick tab tak nahi bana jata agar keemat sirf Rs. 10.24 tak pohanchti hai. Aik brick jab bana diya jata hai to wo delete nahi hota. Candlestick charts, bar charts, aur point and figure charts Renko charts ke tareeqe se boxes ka istemal nahi karte.

Renko chart patterns apne construction aur shor ke filter hone mein mukhtalif hote hain, jo ke unhein trends aur support aur resistance levels ko pehchane mein kargar banata hai. Renko charts traditional candlestick charts mein dekhi jane wali chart patterns ki tarah hota hai, lekin inhein Renko charts par asani se pehchana ja sakta hai. Renko charts support aur resistance levels ko pehchane mein kargar hote hain kyunke candlestick chart ke muqablay mein yahan kaafi kam shor hota hai. Box size Renko charts mein aik ahem factor hai, jo ke dusre chart patterns mein waisa istemal nahi hota.

### Renko Chart Pattern Kya Hai?
Renko chart pattern ek unique technical analysis tool hai jo price movements ko visualize karne ke liye istemal hota hai. Yeh pattern traditional candlestick charts se alag hota hai aur ismein price fluctuations ko focus kiya jata hai, na ke time. Is post mein, hum Renko chart ki pehchaan, characteristics, aur trading strategies ke bare mein jaanenge.

#### Renko Chart Ki Pehchaan

Renko charts ka basic structure "bricks" par mushtamil hota hai. Har brick ek specific price movement ko darust karti hai, jo ke traders ko market ki direction aur momentum samajhne mein madad deti hai.

1. **Bricks Ka Size**: Har brick ka size predetermined hota hai. Misal ke taur par, agar aap 10 pips ka brick size set karte hain, toh jab bhi price 10 pips upar ya neeche hoti hai, ek naya brick banega.

2. **Directional Movement**: Renko charts sirf price ki movement ko dikhate hain, isliye yeh noise se bachne mein madadgar hote hain. Jab tak price specified size ke according movement nahi karti, tab tak koi naya brick nahi banta.

#### Characteristics

Renko charts ki kuch khas characteristics hain:

1. **Simplicity**: Yeh charts simple aur asan hain, jisse traders ko price trends samajhne mein koi mushkil nahi hoti. Ismein price ki volatility aur fluctuations ka asar nahi hota.

2. **Trend Identification**: Renko charts trends ko identify karne mein madadgar hote hain. Agar bricks upar ki taraf bante hain, toh yeh bullish trend ka nishani hota hai, aur agar neeche bante hain, toh bearish trend dikhata hai.

3. **Support and Resistance Levels**: Renko charts pe support aur resistance levels asan tareeqe se identify kiye ja sakte hain, jo traders ko entry aur exit points tay karne mein madad dete hain.

#### Trading Strategies

Renko chart pattern ko trading strategy mein shamil karte waqt kuch aham baatein yaad rakhni chahiye:

1. **Entry Points**: Traders buy orders ko tab set karte hain jab ek new bullish brick banta hai. Is tarah se unhe confirmation milta hai ke market upward movement kar raha hai.

2. **Stop-Loss**: Risk management ke liye, stop-loss ko previous brick ke low ke neeche rakhein. Yeh unexpected price movements se bacha sakta hai.

3. **Trend Following**: Renko charts ko trend-following strategies ke sath istemal karein. Jab trend strong ho aur bricks ek direction mein bante rahein, toh yeh profitable trading opportunities dikhata hai.

#### Conclusion

Renko chart pattern forex trading mein ek valuable tool hai jo traders ko market ki direction aur trends ko samajhne mein madadgar hota hai. Is pattern ko samajhkar aur sahi tarikon se istemal karke, traders apni trading strategies ko behtar bana sakte hain aur profitable decisions le sakte hain. Agar aap Renko charts ko effectively istemal karein, toh aap market ki volatility se bachkar behtar trades kar sakte hain.

Assalamu Alaikum Dosto!

Renko Chart Pattern

Renko chart pattern humen forex trading market ki analysis ziada asaan aur behtar bana kar pesh karta hai. Ye pattern ziada tar humen market ki accurate price deta hai. Renko chart patterns aik qisam ka financial ka chart hain jo technical analysis mein istemal hota hai jo ke price movements ka istemal karte hain zyada tar charts ki tarah keemat aur mawafiq waqt ke bajaye. Ye chart Japanese lafz "renga" ke baad soorat hasil karte hain, kyunke ye aik silsila e bricks ki tarah nazar aata hai. Jab keemat aik mukarrar miqdar mein move karti hai, aik naya brick banta hai, aur har block pichle brick ke 45-degree ke konay par position pay leta hai (up ya down). Aik up brick aam tor par safed ya hara hota hai, jabke aik down brick aam tor par siyah ya laal hota hai. Renko charts traditional candlestick charts mein dekhi jane wali kuch khasiyat ko zahir karte hain, jese ke double tops aur double bottoms, head and shoulders, aur triangles. Jab aise chart patterns Renko chart par nazar aate hain, to unhein asani se pehchana ja sakta hai aur wo zyada reliable hote hain. Renko charts traders ko trends ko wazeh tor par pehchanna mein madad karte hain shor ko door karke aur bade qeemat ki harkaton ko emphasize karke, jo unhein behtareen faislay karne mein madad faraham karte hain. Renko charts support aur resistance levels ko pehchane mein kargar hote hain kyunke candlestick chart ke muqablay mein yahan kaafi kam shor hota hai. Renko chart patterns mein "W" aur "M" patterns shamil hote hain, jo ke do aam Renko chart patterns hote hain aur aik corrective move ko zahir karte hain. Ye aam tor par uptrend ke top par aur downtrend ke bottom par nazar aate hain. "W" pattern aik corrective ya reversal move ko zahir karta hai, aur jab aik "W" Renko chart pattern nazar aata hai, to traders ko short position lena chahiye.

History

Renko charts Japan ke Edo dor (1603-1868) mein urooj pazeer huay, jahan unka istemal chawal ke mustaqbil ke faize ki qeemat ki harkaton ko dekhne ke liye kia jata tha. "Renko" ka lafz Japani zaban se liya gaya hai jo aik brick ke liye hai, jo "renga" hai. Japani mein, "ren" ka matlab hai "brick" aur "ko" ka matlab hai "chhota." Renko charts ko market ki shor ko filter out karne ke liye taraqqi di gayi thi aur sirf aise qeemat ki harkaton par tawajjo deni thi jo kafi ahem thin.
Renko charts waqt ko nazar andaz karte hain aur sirf uss tabdeeli par tawajjo dete hain jo minimum shartein ko puri karti hai. X-Columns aur O-Columns ke bajaye, Renko charts istemal karte hain qeemat "bricks" ko jo aik mustaqil qeemat ki harkat ko darust karte hain. Ye bricks kabhi kabar "blocks" ya "boxes" ke tor par refer kiye jate hain. Ye 45 degree ki lines mein upar ya neeche jaate hain aik brick per. Upward qeemat ki harkaton ke liye Renko bricks khali hotay hain jabke downward qeemat ki harkaton ke liye wo bharay hotay hain aik mazboot rang se. Renko charts bricks par mabni hotay hain jo chhote qeemat ki harkaton ko filter out karte hain. Aam bar, line ya candlestick chart ki tarah, ek uniform date axis hota hai jis mein baraber spaced din hotay hain. Unke Japanese rishton (Kagi aur Three Line Break) ki tarah, Renko charts shor ko filter karte hain sirf minimum price changes par tawajjo dete hue. Renko bricks tab nahi jodte jab tak price aik makhsoos miqdar se tabdeel nahi hoti. Point & Figure charts ki tarah, ahem uchay aur low ko aasani se pehchana ja sakta hai, aur key support aur resistance levels ko nazar andaz kiya ja sakta hai.
Renko charts mukhtalif markets mein wide taur par istemal kiye jate hain, including stocks, forex, aur futures. Ye khaaskar traders ke darmiyan mashhoor hain jo apne trading strategies ko inform karne ke liye technical analysis ka istemal karte hain, kyun ke Renko charts market ki shor ko filter out karne mein madad karte hain aur market ke trends ka zyada wazeh tasveer faraham karte hain. Halankeh Renko bars ka istemal bohot pehle se hota tha, lekin inhein pichle kuch dashak mein maghrib mein le aaya gaya. Aik maqbool technical analyst, Steve Nison, ne Renko charts ko pichle bees saal mein maghribi duniya mein apni kitaab "Beyond Candlesticks: New Japanese Charting Techniques Revealed" (1994) ke zariye introduce kiya. Tab se le kar ab tak, Renko charts duniya bhar mein popular ho gaye hain, jinhein traders ne mukhtalif maliyat ke asaasiyat ko track karne ke liye istemal kiya hai.

Trend Identification

Renko charts aik popular tool hain jo technical analysis mein istemal hota hai taake lambi muddat ki qeemat ki taraf ishara kar sake aur market ki shor ko filter out kar sake. Renko charts istemal karte hain qeemat "bricks" ko jo aik mustaqil qeemat ki harkat ko darust karte hain, aam tor par 10 points ya zyada. Ye bricks 45-degree ke konay par pichle brick se jate hain, up bricks khali ya white hotay hain aur down bricks bharay ya black. Renko charts market ki shor ko filter out karte hain aur sirf un qeemat ki harkaton par tawajjo dete hain jo minimum shartein ko puri karti hain. Is se trends aur potential trade opportunities ko pehchanna asaan ho jata hai. Renko charts customize kiye ja sakte hain, aur traders brick size ko apni pasand aur market ki halat ke mutabiq adjust kar sakte hain. Renko charts trends aur support/resistance levels ko pehchanna asaan banate hain, aur wo markets ke din-ba-din shor ko door kar dete hain, jo ke rational faislay karne ko asaan banata hai. Renko charts Japan mein Edo dor (1603-1868) mein taraqqi pazeer huay, jahan unka istemal chawal ke mustaqbil ke faize ki qeemat ki harkaton ko dekhne ke liye kia jata tha. Renko charts maghrib mein Steve Nison ke zariye le aaye gaye, jo ke aik mashhoor technical analyst hain, inki kitaab "Beyond Candlesticks: New Japanese Charting Techniques Revealed," jo ke 1994 mein shaya hui, mein. Tab se le kar ab tak, Renko charts duniya bhar mein mashhoor ho gaye hain, jahan traders ne unhein mukhtalif maliyat ke asaasiyat ko track karne ke liye istemal kiya hai.
Renko charts kai ahem khasiyat rakhte hain jo unhein makhsoos banati hain:

• Filtering Market Noise: Renko charts market ki shor ko filter out karte hain aur sirf un qeemat ki harkaton par tawajjo dete hain jo minimum shartein ko puri karti hain. Is se trends aur potential trade opportunities ko pehchanna asaan ho jata hai.
• Fixed Price Move: Renko charts istemal karte hain qeemat "bricks" ko jo aik mustaqil qeemat ki harkat ko darust karte hain, aam tor par 10 points ya zyada. Ye bricks 45-degree ke konay par pichle brick se jate hain, up bricks khali ya white hotay hain aur down bricks bharay ya black.
• Customize karna: Traders brick size ko apni pasand aur market ki halat ke mutabiq adjust kar sakte hain. Ye traders ko apne Renko charts ko apni trading strategies ke behtar mutabiq fine-tune karne ki ijaazat deta hai.
• Easy Trend Identification: Renko charts trends aur support/resistance levels ko pehchanna asaan banate hain. Ye is wajah se hota hai ke wo market ki shor ko filter out karte hain aur sirf ahem qeemat ki harkaton par tawajjo dete hain.
• Less clutter: Renko charts markets ke din-ba-din shor ko door kar dete hain, jo ke rational faislay karne ko asaan banata hai. Ye traders ko chhote-term ki qeemat ki harkaton mein phansne se bacha sakta hai aur bari tasveer par tawajjo dena asaan ho jata hai.

Renko charts aik makhsoos technical analysis ke andaaz hain jo traders ko market ki shor ko filter out karne aur ahem qeemat ki harkaton par tawajjo dena mein madad faraham karte hain. Ye khaaskar trend-following strategies ke liye mufeed hote hain aur unhein individual trading preferences ke mutabiq customize kiya ja sakta hai.

Renko Chart Ki Hososeyat

Renko chart patterns dusre chart patterns se kai tareeqon mein mukhtalif hote hain. Renko charts qeemat ki harkat ka istemal karte hain zyada tar charts ki tarah keemat aur mawafiq waqt ke bajaye. Ye chart Japanese lafz "renga" ke baad soorat hasil karte hain, kyunke ye aik silsila e bricks ki tarah nazar aata hai. Jab keemat aik mukarrar miqdar mein move karti hai, aik naya brick banta hai, aur har block pichle brick ke 45-degree ke konay par position pay leta hai (up ya down). Aik up brick aam tor par safed ya hara hota hai, jabke aik down brick aam tor par siyah ya laal hota hai. Renko charts choti qeemat ki harkaton ko filter out karte hain, jo ke traders ko ahem trends par tawajjo denay mein madad faraham karta hai. Jabke ye trends ko pehchanna bohot asaan bana deta hai, nuqsan ye hai ke kuch qeemat ki maloomat Renko charts ke sadey brick construction ki wajah se ghayab ho jati hai. Renko charts traditional candlestick charts mein dekhi jane wali kuch khasiyat ko zahir karte hain, jese ke double tops aur double bottoms, head and shoulders, aur triangles. Jab aise chart patterns Renko chart par nazar aate hain, to unhein asani se pehchana ja sakta hai aur wo zyada reliable hote hain. Renko charts traders ko trends ko wazeh tor par pehchanna mein madad karte hain shor ko door karke aur bade qeemat ki harkaton ko emphasize karke, jo unhein behtareen faislay karne mein madad karte hain. Renko charts support aur resistance levels ko pehchane mein kargar hote hain kyunke candlestick chart ke muqablay mein yahan kaafi kam shor hota hai. Renko chart patterns mein "W" aur "M" patterns shamil hote hain, jo ke do aam Renko chart patterns hote hain aur aik corrective move ko zahir karte hain. Ye aam tor par uptrend ke top par aur downtrend ke bottom par nazar aate hain. "W" pattern aik corrective ya reversal move ko zahir karta hai, aur jab aik "W" Renko chart pattern nazar aata hai, to traders ko short position lena chahiye. Renko charts candlestick charts, bar charts, aur point and figure charts jese doosre chart patterns se mukhtalif hote hain. Candlestick charts waqt par mabni hotay hain, jabke Renko charts qeemat ki harkat par mabni hote hain. Renko charts shor ko filter out karte hain aur traders ko trends ko zyada wazeh tor par dekhne mein madad karte hain, kyunke sab harkaton ko jin ki qeemat box size se chhoti hoti hai, filter out kar diya jata hai. Point and figure charts Renko charts ke bohot hi mukhtalif nahi hote kyunke wo sirf qeemat ko plot karte hain, lekin wo X aur O ka istemal kartay hain jo ke uthne aur girne wali qeematon ko darust karte hain. Waqt point and figure charts mein ek variable nahi hai. Ikhtisar mein, Renko chart patterns apne construction aur noise ke filter hone mein mukhtalif hote hain, jo ke unhein trends aur support aur resistance levels ko pehchane mein kargar banata hai.

Renko Chart & Other Charts mein Differences

Renko charts doosre chart patterns jese candlestick charts, bar charts, aur point and figure charts se mukhtalif hote hain. Is section mein, hum Renko chart patterns aur doosre chart patterns ke darmiyan farqat par baat karenge.

• Construction
  Renko charts qeemat ki harkat ka istemal karte hain zyada tar charts ki tarah keemat aur mawafiq waqt ke bajaye. Ye chart Japanese lafz "renga" ke baad soorat hasil karte hain, kyunke ye aik silsila e bricks ki tarah nazar aata hai. Jab keemat aik mukarrar miqdar mein move karti hai, aik naya brick banta hai, aur har block pichle brick ke 45-degree ke konay par position pay leta hai (up ya down). Aik up brick aam tor par safed ya hara hota hai, jabke aik down brick aam tor par siyah ya laal hota hai. Renko charts choti qeemat ki harkaton ko filter out karte hain, jo ke traders ko ahem trends par tawajjo denay mein madad karta hai. Dusri taraf, candlestick charts, bar charts, aur point and figure charts waqt aur qeemat par mabni hote hain.
• Noise Filtering
  Renko charts shor ko filter out karte hain aur traders ko zyada wazeh tor par trends ko dekhne mein madad karte hain, kyunke sab harkaton ko jin ki qeemat box size se chhoti hoti hai, filter out kar diya jata hai. Ye trends ko pehchanna bohot asaan bana deta hai, lekin nuqsan ye hai ke kuch qeemat ki maloomat Renko charts ke sadey brick construction ki wajah se ghayab ho jati hai. Candlestick charts, bar charts, aur point and figure charts Renko charts ke tareeqe se shor ko filter out nahi karte.
• Chart Patterns
  Renko charts traditional candlestick charts mein dekhi jane wali kuch khasiyat ko zahir karte hain, jese ke double tops aur double bottoms, head and shoulders, aur triangles. Jab aise chart patterns Renko chart par nazar aate hain, to unhein asani se pehchana ja sakta hai aur wo zyada reliable hote hain. Renko charts shor ko door karke aur bade qeemat ki harkaton ko emphasize karke traders ko trends ko wazeh tor par pehchane mein madad karte hain. Candlestick charts, bar charts, aur point and figure charts bhi chart patterns ko zahir karte hain, lekin unhein Renko charts par utna hi asaan pehchana ja sakta hai.
• Support aur Resistance
  Renko charts support aur resistance levels ko pehchane mein kargar hote hain kyunke candlestick chart ke muqablay mein yahan kaafi kam shor hota hai. Renko charts strong support aur resistance areas ko highlight karte hain, jo traders ko price breakouts ko dekhne aur naye trend par sawar hone ki ijazat deta hai. Candlestick charts, bar charts, aur point and figure charts bhi support aur resistance levels ko pehchan sakte hain, lekin ye Renko charts ki tarah wazeh nahi hote.
• Box Size
  Renko chart banane ka pehla qadam ye hota hai ke boxes ka size tay karna hota hai jo ke qeemat ki harkat ko zahir karta hai. Stock ke misaal ke liye, maan lijiye aik stock ki keemat Rs. 10 hai aur uska box size Rs. 0.25 hai. Agar keemat Rs. 10.25 tak pohanchti hai to aik naya brick bana jata hai. Ye brick tab tak nahi bana jata agar keemat sirf Rs. 10.24 tak pohanchti hai. Aik brick jab bana diya jata hai to wo delete nahi hota. Candlestick charts, bar charts, aur point and figure charts Renko charts ke tareeqe se boxes ka istemal nahi karte.

Renko chart patterns apne construction aur shor ke filter hone mein mukhtalif hote hain, jo ke unhein trends aur support aur resistance levels ko pehchane mein kargar banata hai. Renko charts traditional candlestick charts mein dekhi jane wali chart patterns ki tarah hota hai, lekin inhein Renko charts par asani se pehchana ja sakta hai. Renko charts support aur resistance levels ko pehchane mein kargar hote hain kyunke candlestick chart ke muqablay mein yahan kaafi kam shor hota hai. Box size Renko charts mein aik ahem factor hai, jo ke dusre chart patterns mein waisa istemal nahi hota.