what is renko chart?

An introduction of Renko charts

Assalam o Alaikum dear friends and Fellows, Renko Chart ke bary mein bat krty hein Renko aik chinese chart pattern hey is ki settings mein sab say pehlay ap candle size ten pips set kr lay is chart may hamaisha aik rule hota hey ke agr koi bhi 2 candles aik colour may aye gi to third bhi isi colour ki hogi is tarah aap next candle guess ker saktay hein aap YouTube per koi bhi renko chart ka tutorial open ker lay is may aap ko download ka link mil jaaye ga or phir apply kernay ka tareeqa bhi mil jaaye ga ye sirf offline chart per apply hoga Iski Example google pr check ki ja sakti hey kyun ke koi doosra link allowed nahi hey


Renko charts kesy kam krty hein.

Dear friends Renko chart support and resistance levels ki clear identification kr sakta hey, aur market trend ki conformation ke liye be Renko chart bahot hi useful hota hey, traders ko trend direction ko recognize karny mein bahot hi problem hoti hay traders ki ye problem Renko chart hi solve kr sakta hey, market trend ki right direction kp ranko chart asani se find kar sakta hay aur renko chart mein candles bricks ki tarha se hoty hey jo key same size key hoty hey aur har new brick previous brick key end key point se hi start leta hey Yeah graph chart Hota Hey Yeh Chahat apko movement ka idea provide krta hey ke jaisy Jaisy iski movement Hoti Hey market paise kaise kaise Tej Kare updating Le Na Hoti Hey Jaise Jaise website par Jata Hey Iski movement bhi aap ko Hoti Hey Nazar Aayegi Jab Ye downside par Jayega To aap kis ki movement Bhi Ho Teri Nazar Aaye Gi Kis Ko Kaise manage karna Hota Hey

Renko charts mein Trading

Dear Forex traders forex trading main boht sary trading charts hoty hian aor Mt4 main jo bhi charts hian un sab ka koi na koi behtreen amal forex trading market main hota hay aor is tarah say yah Renko chart bhy forex market main technical analysis main work krta hay aor is main trader market kay price movement ko smjh lata hay aor is main jo candle aor lines hotay hein in ko agr trader sahi say adjust karta hay aor trader ko is main experience ho jata hay to trader renko chart ki help say forex trading market main profitable trading kar skata hay aor trader forex trading main in chart ky importance ko understand karay aor is kay sahi use ko smjh kar market ky analyzing kar kay order place kiya karen.

### Renko Chart Kya Hai?
Forex trading mein mukhtalif types ke charts ka use hota hai taake market ki analysis ki ja sake aur trading decisions liye ja sake. In charts mein se ek unique aur effective type hai "Renko Chart." Renko chart traditional time-based charts se mukhtalif hota hai aur price movements ko asaani se visualize karne mein madad karta hai. Aayiye, samajhte hain ke Renko chart kya hai, iska kaise use hota hai, aur iska forex trading mein kya faida hai.

#### Renko Chart Kya Hai?

Renko chart ek type ka price chart hai jo Japanese word "renga" se nikla hai, jiska matlab "brick" hota hai. Is chart mein price movements ko rectangular bricks ya boxes ke through represent kiya jata hai. Har brick ko tab plot kiya jata hai jab price ek predefined amount se move karti hai, aur ye amount ko "box size" ya "brick size" kaha jata hai.

#### Renko Chart Ki Unique Features

1. **No Time Component:**
Renko chart time-based nahi hota. Isme sirf price movements ko show kiya jata hai. Har brick ko tab add kiya jata hai jab price ek specific amount se move karti hai, chahe usme kitna bhi time lag jaye.

2. **Clear Trends:**
Renko chart trends ko bohot clear aur simple way mein dikhata hai. Ye market noise ko filter karta hai aur sirf significant price movements ko highlight karta hai. Is wajah se traders ko trends ko identify karna asaan hota hai.

3. **Fixed Box Size:**
Renko chart mein box size fix hota hai. Har brick ek fixed size ka hota hai, jo ke trader ke preference ke mutabiq set kiya jata hai. Ye size price movement ki sensitivity ko determine karta hai.

#### Renko Chart Ka Use Forex Trading Mein

1. **Trend Identification:**
Renko chart trends ko identify karne ke liye bohot useful hota hai. Is chart ke through uptrends aur downtrends ko easily dekha ja sakta hai kyunki ye small price fluctuations ko ignore karta hai aur sirf significant movements ko highlight karta hai.

2. **Entry Aur Exit Points:**
Renko chart ke through sahi entry aur exit points ko identify karna asaan hota hai. Jab new brick form hoti hai, toh ye indication hota hai ke trend continue kar raha hai. Ye traders ko timely trading decisions lene mein madad karta hai.

3. **Support Aur Resistance Levels:**
Renko chart ke through support aur resistance levels ko identify karna bhi asaan hota hai. Ye levels wahan hote hain jahan multiple bricks reverse hoti hain. In levels ko trade karke profitable opportunities dhoondi ja sakti hain.

4. **Reduction in Market Noise:**
Renko chart market noise ko reduce karta hai. Traditional time-based charts mein bohot se minor price movements aur fluctuations show hote hain jo traders ko confuse kar sakte hain. Renko chart sirf significant movements ko highlight karta hai, jo ke clear trading signals provide karta hai.

#### Renko Chart Ki Limitations

1. **Lag in Signals:**
Renko chart mein thoda lag hota hai kyunki new brick tab form hoti hai jab price ek predefined amount se move kar chuki hoti hai. Is wajah se kabhi kabhi signals thode late milte hain.

2. **Box Size Selection:**
Renko chart ki effectiveness kaafi hath tak box size selection pe depend karti hai. Agar box size bohot chota hoga, toh market noise barh sakta hai, aur agar bohot bara hoga, toh significant movements miss ho sakti hain.

3. **No Time Information:**
Renko chart time information provide nahi karta. Is wajah se kabhi kabhi market ka temporal context samajhna mushkil hota hai. Is issue ko solve karne ke liye Renko chart ke sath time-based chart ka use kiya ja sakta hai.

#### Conclusion

Renko chart ek unique aur effective tool hai jo forex trading mein significant price movements ko highlight karta hai aur trends ko asaani se identify karne mein madad karta hai. Is chart ke zariye traders market noise ko filter kar sakte hain aur clear trading signals hasil kar sakte hain. Halanki, Renko chart ko effectively use karne ke liye sahi box size ka selection aur time-based charts ke sath iska combination zaruri hai. Forex trading mein success hasil karne ke liye Renko chart ko apne analysis toolkit mein shamil karna faidemand ho sakta hai.

Renko Chart Kya Hai?


Renko Chart ek trading tool hai jo market trends ko samajhne aur trading decisions lene mein madad karta hai. Yeh chart traditional line aur bar charts se mukhtalif hota hai, kyunki yeh price movements ko block form mein dikhata hai. Renko charts ko market ki volatility ko behtar samajhne ke liye design kiya gaya hai.
Renko Chart Kaise Kaam Karta Hai?


Renko charts price movements ko ek fixed size ke blocks ya bricks ke zariye represent karte hain. Yeh blocks tabhi draw kiye jaate hain jab price ek specific amount se badalti hai. Har block ek fixed price increment ko dikhata hai, jise "brick size" kaha jata hai. Agar price is increment se zyada badalti hai, tab ek naya block draw hota hai.
Renko Chart Ki Benefits


Renko charts ki sab se badi benefit yeh hai ke yeh market noise ko kam kar dete hain. Traditional charts mein choti moti price fluctuations ko bhi record kiya jata hai, lekin Renko charts sirf significant price movements ko highlight karte hain. Is wajah se traders ko trend identification mein asaani hoti hai aur woh bekaar ki market noise se bach sakte hain.
Renko Chart Ka Use Kaise Karein?


Renko chart ko use karte waqt, traders ko brick size decide karna parta hai. Yeh size aapki trading strategy aur market conditions par depend karta hai. Agar aapko zyada detail chahiye to choti brick size choose kar sakte hain, jabke agar aapko broad trends dekhne hain to badi brick size behtar hai. Renko charts ko technical indicators ke saath bhi use kiya ja sakta hai, jaise moving averages aur trend lines.
Renko Chart Ke Limitation


Renko charts ka ek limitation yeh hai ke yeh time factor ko consider nahi karte. Yeh sirf price movements ko highlight karte hain, isliye traders ko market ke timing aur volume analysis pe bhi dhyan dena parta hai. Iska matlab hai ke Renko charts ko akela use karna risky ho sakta hai; inhe complementary tools ke saath use karna chahiye.
Conclusion


Renko charts trading mein ek valuable tool hai jo market trends ko samajhne aur decision making ko asaan banane mein madad karta hai. Lekin, inhe sirf price movements ko dekhne ke liye use nahi kiya jana chahiye; traders ko apni overall trading strategy ko bhi dhyan mein rakhna chahiye.

Renko Chart Kya Hai?

Renko chart ek technical analysis tool hai jo price movements ko visualize karne ke liye use hota hai. Is chart ko "Renko" naam diya gaya hai, jo Japanese word "Renga" se aya hai, jiska matlab hai "brick". Renko chart price trends ko identify karne aur market patterns ko analyze karne mein madad karta hai, aur yeh traditional time-based charts se kaafi different hota hai.

Renko Chart Ki Shanakht

1. Brick Formation:

Renko chart bricks ya boxes ko use karta hai jo price movements ko represent karte hain. Har brick tab banta hai jab price ek specific amount ya "brick size" se move karti hai. Yeh bricks vertically arrange hoti hain aur har brick ek naye price level ko dikhati hai.

2. No Time Axis:

Renko chart time axis ko consider nahi karta. Iska matlab hai ke ek brick kab banta hai yeh price movement par depend karta hai, na ke specific time duration par. Isliye, ek brick banne mein kitna waqt lagta hai, yeh market ke volatility aur price fluctuations par depend karta hai.

3. Brick Size:

Brick size ko define karna trader ka kaam hota hai. Yeh brick size ek fixed amount hota hai jo traders price movements ko measure karte hain. Aap brick size ko historical price data aur market conditions ke hisaab se adjust kar sakte hain.

Renko Chart Ka Analysis

1. Trend Identification

Renko chart trends ko clearly identify karne mein madad karta hai. Jab price ek specific amount se upar ya neeche move karti hai, tab ek new brick ban jata hai, jo market ke trend ko reflect karta hai. Yeh trend-following strategy ko implement karne mein useful hai.

2. Support aur Resistance Levels:

Renko chart support aur resistance levels ko easily identify karne mein madad karta hai. Jab price ek specific level se upar ya neeche move karti hai aur naye bricks banti hain, toh yeh levels market ke key points ko indicate karte hain.

3. Noise Reduction:

Renko charts market noise ko reduce karte hain kyunki yeh price movements ko clean aur smooth tarike se dikhate hain. Iski wajah se traders ko market trends aur price patterns ko clearly dekhne mein madad milti hai.

Renko Chart Ke Benefits

1. Simplicity:

Renko charts ko samajhna aur use karna relatively simple hota hai. Yeh charts market trends ko visualise karne ke liye clear aur straightforward method provide karte hain.

2. Trend Clarity:

Renko charts market trends ko zyada clearly show karte hain, jo trading decisions lene mein madadgar hota hai. Yeh price movements ko visualize karne ke liye ek effective tool hai.

3. Noise Filtering:

Time-based charts ke muqablay mein, Renko charts market noise ko filter kar dete hain aur clean signals provide karte hain. Yeh traders ko zyada accurate aur reliable trading signals milne mein madad karte hain.

Renko Chart Ka Use

1. Entry aur Exit Points:

Traders Renko charts ko entry aur exit points identify karne ke liye use karte hain. Jab ek nayi brick pattern banta hai, toh yeh market ke reversal ya continuation signal ko indicate kar sakta hai.

2. Stop Loss aur Take Profit:

Renko charts ko stop loss aur take profit levels set karne ke liye bhi use kiya ja sakta hai. Clear trend signals aur support-resistance levels traders ko risk management mein madadgar sabit hote hain.

Conclusion

Renko chart ek unique aur effective technical analysis tool hai jo price movements ko visualize karne aur trends ko identify karne mein madad karta hai. Iska simple aur clear approach market trends ko understand karna aur trading decisions ko refine karna asaan banata hai. Traders is chart ko market noise ko filter karne aur accurate trading signals paane ke liye use karte hain