Renko Charts in Your Trading
“Renko” comes from the japanese word “Renga” because of this brick. Agar ham it ka log dekhe to rinku chat jo hai vah recognize karna chahie iski series mein ham ruin dekhte hain jo location kiya jata hai forty five diploma perspective ko har ek ke sath to do char jo hamen benten kiye jaate samay difference ham dekhte hain frequently jo chat conductix hota hai vah rinku chahat ka hota hai jo ki aasan ke sath ham recognize kar sakte ke market mein ham donon trading ki position ko kaise aasani se hall kar sakte ho samajh sakte hain
· Each brick covers 5 pips.
· The low of this brick is 1.1846.
· For a Renko chart to reverse, the market have to move within the contrary route by means of at the least two brick sizes,
SETTING THE BRICK SIZE
Three techniques used to set this parameter.
1. Fixed Amount
2. Fixed Percentage
3. Average True Range
#1: FIXED AMOUNT
use hota hai set of numbers it takes guidelines and aur break kind ham dekhte handiest method ke upar is known as a similar hote hain marketplace ke tough ke sath jo arrived karte hain appropriate karte parent ko jab bhi ham use karte koi bhi trial mistakes yahan in step with hamen aata hai
#2: FIXED PERCENTAGE OF PRICE
yah ek simple dynamic approach hote jo simple ham setup dekhte hain base karte hain charge ke stock ke upar jab bhi foreign exchange foremost yahan in keeping with ham atke destiny per kam kar rahe hote hain swing dealer use hota hai one man or woman jo bhi inventory charge hoti hai uske setting mein ham rinku chat ko design dekhte hain
#3: AVERAGE TRUE RANGE (ATR)
Agar ham iske average ko dekhe jo yah type hoti hai 14 length ATR ke upar jo kiya drawback hote approach karte harder hota hai iska setup is consistent with agar ham chatting platform ko dekhe jo permit karta dynamic input code smash size ko vah mile bhi hamen nahin hote uske court ko jo bhi ham marketplace mein setup layout karte hain iske sath ham apne aap ko ek trader ki surat mein dekhte hain
HOW TO HARNESS THE POWER OF RENKO CHARTS
Renko charts are beneficial for:
1. Identifying call for and deliver zones
2. Letting your profits run
three. Confirming breaks of guide and resistance
Trading Using Renko Charts
Rinku chart bahut jyada useful hote day trader ke liye vah recreation and dekhte hain areas ko dekhte hain help hoddesdon ke upar breakout aur reversal ke sath jo simplified karta hai easier method hota hai ismein charge motion aur ham unmarried ko make car trade ko kis fundamental price movement jo ham nature dekhe to rinku 6 trader regularly use karte hain technical indicator ke liye additional information hasil karne ke liye market ke naked mein a dealer ko is ko use karne se pahle marketplace ko acche se nasik karna chahie sign dekhna chahie yahan in keeping with ham transferring common ke bhi dekhte hain jo ke example hoti hai ki ham rate ki motion ko kaise ham observe mein le sakte hain
“Renko” comes from the japanese word “Renga” because of this brick. Agar ham it ka log dekhe to rinku chat jo hai vah recognize karna chahie iski series mein ham ruin dekhte hain jo location kiya jata hai forty five diploma perspective ko har ek ke sath to do char jo hamen benten kiye jaate samay difference ham dekhte hain frequently jo chat conductix hota hai vah rinku chahat ka hota hai jo ki aasan ke sath ham recognize kar sakte ke market mein ham donon trading ki position ko kaise aasani se hall kar sakte ho samajh sakte hain
· Each brick covers 5 pips.
· The low of this brick is 1.1846.
· For a Renko chart to reverse, the market have to move within the contrary route by means of at the least two brick sizes,
SETTING THE BRICK SIZE
Three techniques used to set this parameter.
1. Fixed Amount
2. Fixed Percentage
3. Average True Range
#1: FIXED AMOUNT
use hota hai set of numbers it takes guidelines and aur break kind ham dekhte handiest method ke upar is known as a similar hote hain marketplace ke tough ke sath jo arrived karte hain appropriate karte parent ko jab bhi ham use karte koi bhi trial mistakes yahan in step with hamen aata hai
#2: FIXED PERCENTAGE OF PRICE
yah ek simple dynamic approach hote jo simple ham setup dekhte hain base karte hain charge ke stock ke upar jab bhi foreign exchange foremost yahan in keeping with ham atke destiny per kam kar rahe hote hain swing dealer use hota hai one man or woman jo bhi inventory charge hoti hai uske setting mein ham rinku chat ko design dekhte hain
#3: AVERAGE TRUE RANGE (ATR)
Agar ham iske average ko dekhe jo yah type hoti hai 14 length ATR ke upar jo kiya drawback hote approach karte harder hota hai iska setup is consistent with agar ham chatting platform ko dekhe jo permit karta dynamic input code smash size ko vah mile bhi hamen nahin hote uske court ko jo bhi ham marketplace mein setup layout karte hain iske sath ham apne aap ko ek trader ki surat mein dekhte hain
HOW TO HARNESS THE POWER OF RENKO CHARTS
Renko charts are beneficial for:
1. Identifying call for and deliver zones
2. Letting your profits run
three. Confirming breaks of guide and resistance
Trading Using Renko Charts
Rinku chart bahut jyada useful hote day trader ke liye vah recreation and dekhte hain areas ko dekhte hain help hoddesdon ke upar breakout aur reversal ke sath jo simplified karta hai easier method hota hai ismein charge motion aur ham unmarried ko make car trade ko kis fundamental price movement jo ham nature dekhe to rinku 6 trader regularly use karte hain technical indicator ke liye additional information hasil karne ke liye market ke naked mein a dealer ko is ko use karne se pahle marketplace ko acche se nasik karna chahie sign dekhna chahie yahan in keeping with ham transferring common ke bhi dekhte hain jo ke example hoti hai ki ham rate ki motion ko kaise ham observe mein le sakte hain
