What is Renko Pattern Chart in Forex Market.

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    What is Renko Pattern Chart in Forex Market.
    Dear member Forex trading main jub hum apni trade lgaty hain tab hmain yah tinu option milty hain jin ko hum ny smjhna hota hai or yah boht zarori hai q k es se humain asani se pta cahl jata hai k hmain forex main loss ho rha hai or kitna hum profit lay rahy hain. Market mai jo bhi trade lagaty hai aus par humy profit bhi ho sakta hai aor loss bhi ho sakta hai, market mai humy trade karny se phly zarori baton ka pata hona chaye tab hum ais market mai achy tareeky se kamyab ho jaty hai ais market mai kaam karny k liay ap ko nechy di gai details ka pata hona chaye ta k ap apny account par achy tareeky se samjh k kaam kar saky.

    RENKO CHART PATTERN IN FOREX:

    Dear forex friends Renko charts are composed of bricks that are created at 45-degree angles to one another. Consecutive bricks do not occur beside each other, Market mein renko chart pattern ko 2 alfaz mein byan kea jata hay. jis ka phla Ifaz brick aor dosra lafz quiet path hai. Ye chart pattern prices aur Commodities ki price Ki movement ko show krny k ly use kia jata hai. Or is trah yeh pattern brick ascending or Descending ho sakta hay. Is ly is pattern mein green or white color use kia jata hay. OR decline k ly red aurr black istemal kia jata hay. Is Candlestick pattern ko hum greater or smaller k ly accure kar sakty hain. Is ly is ko renko chart pattern kaha jata hay.

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    Dear A double bottom pattern in Renko chart is characterised by two bearish bricks appearing at a similar level and a breakout above the neckline of the pattern.

    EXPLANATION:

    Dear forex friends Renko Chart Pattern market k Support or resistance level sy b find kia jata hay. Or professional traders is ko trading k better way k ly b istemal krty hain. Dear jab market Overbought main ho to hmein sell ki trade active krni chahiye. Or jaRenko Chart Pattern mein trading colour based Boxes yani k bricks per ki jati hay. Green brick ki series hmein Buy ka uptrend ka btati hay. Jab green bricks red brick main change hona start ho jae to market main downtrend mil rha hota hay. Jsi mein hum trade ko again sell kr sakty hain.

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    Dear enko charts are designed to filter out minor price movements to make it easier for traders to focus on important trends.If the price moves up to 10.25, a new brick will be drawn. That brick will only be drawn once the price closes at $ 10.25 or higher. If the price only reaches $ 10.24, a new brick will not be drawn.

    RENKO PATTERN TRADING:

    Dear forex member Renko Chart Pattern main trading colour based Boxes yani k bricks per ki jati hai. Green brick ki series humy Buy ka uptrend ka btati hai. Jab green bricks red brick main change hona shoru ho jae to market main downtrend mil rha hota hai. Jsi main hum trade ko again sell kr sakty hain.forex market main renko chart pattern k bahut se uses hain. Jin ko use kr k hum trsding main acha profit earn kr skty hain or unko hum easily identify kr skty hain. Renko Chart Pattern market k Support or resistance level sy b find kia jata hai. Or professional traders isko trading k better way k ly b use krty hain. Dear jab market Overbought main ho to humy sell ki trade active krni chahiye. Or jab oversold main ho to buy ki active krni chahiye.

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    Dear One of the oldest and most popular Japanese charting methods, Renko can be used to profitably trade all types of financial markets and instruments - and over any time frame. Renko charts offer traders many unique and unmatched advantages over other charting methods: Renko charts are simple to use.

    CHART IN ANALYSIS:

    Dear member agr ap market main successful trading karna chahty hai to ap ko achi tara candle stick k related information leni ho gi or experience ko increase karna ho ga jab ap achi tara market main analysis kr k trading kar rahy hoty hain to ap ko bhot zyda advantages available hoty hain .sandwich candlestick pattern ko identify krna ziyada mushkil nahi hai balke hamain signal k sath kamyabi se kam krne se pehle basic standard ko janna zarori hai jab se pehle ik line main 3 candlestick ka Hona zarori hai second candlestick dono side se opposite range main honi chahiye dono taraf candlestick k bare range hone chahiyen ye unhe central main majood candlestick se ziyada long krdy ga ye ik darmiyani candlestick ho gi ird gird isko lapait ly gain end main bullish stick Sandwich ko down/up trend main banna chahiye jabke bearish/bullish stick Sandwich ko uptrend/downtrend main banna chahiye qk dosto stick sandwich bearish aur bullish dono trend main ban sakta hai isliye hamko is main shamil range ko shamil krna ap ko humesa market main soch samjh k trading karna ho gi tak ap achi earning kar sakhy, or ap ko without experience k trading nahi karni chahy kun k es main apko bhot zyda loss ho sakhta hai .

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  • #2 Collapse

    Re: What is Renko Pattern Chart in Forex Market.

    yes friends, ap na thek kaha, Forex main trade kay liay mukhtalif kisam kay charts aur patterns use kiay jatay hain, jin main say line chart, bar chart aur candlestick charts kafi mashoor hain, in kay ilawa charts ki aik kisam ka naam renko chart bhi hay,

    Working principles of Renko chart:


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    ye aik kafi reliable chart pattern smajha jata hay, jo pairs ki prices par focus karta hay aur time factor ko consider nhi karta hay, is ko japanese nay develop kia aur is ki working point and figure chart kay kafi similar hota hay, lakin in main difference sirf itna hota hay kay renko chart main blocks aur boxes use hotay hain jab kay point and figure main X aur O column istemal hotay hain, renko chart aik brick per column kay sath normaly 45 degree line main move karta hay,

    Description of Renko chart:

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    Normal charts ki tarah renko chart ko draw karnay kay liay technical indicators ko use karna lazmi nhi hota, traders pehlay brick value ya range unit set kartay hain jo normaly ten rakhi jati hay, is tarah agli brick bananay kay liay ye value increase kartay jatay hain, jaisay agr kisi pair ki value 200 hay aur us main 10 point chart use hua ho to ye prices 210 par move karay gi, agr is price is fix ki gae value sa km up ya down move karta hay to koi brick draw nhi hoti

    indications by Renko chart:


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    ye chart trader ko mukhtalif kisam ki indications daita karta hay jin main support aur resistance ki identification kay ilawa trend ki information aur trading positions off set honay main time ki detail ko bhi janchta hay, ye market ka aik long term view provide karta hay, is kay zariay double bottom pattern aur triangle pattern ko bhi identify kia jata hay, ye stoploss aur take profit place karnay main bhi help daita hay lihaza isay aik useful chart pattern smjha ja sakta hay

    اب آن لائن

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