My System - My trades.

[monkeybusiness]

Yes,it was a Renko chart of crude oil...I too have seen it.

Smart_trade

Da,

Kite too has nice renco charts. But don't know how to trade them.

 

[Vivekra79]

Renko is available in zerodha pi also.
Trading with renko requires to define the size of box first, which is usually based on either ATR or say 10 points in nifty.
Can anyone tell how to avail this renko facility in amibroker? I'm not able to get it in amibroker.
Playing in stock futures based on renko again is problematic because of defining the size of box first.

 

[Vivekra79]

Da,

Kite too has nice renco charts. But don't know how to trade them.

I had also seen that chart ,...and yes it was a renko chart, I identified before the poster person disclosed it.

 

[jd1234]

Brick sizing is the key in Renko chart.

 

[raj_singh]

Varun Sir,
Wish you all the best in your new venture. please Keep coming to the forum whenever you get time...

 

[monkeybusiness]

Renko is available in zerodha pi also.
Trading with renko requires to define the size of box first, which is usually based on either ATR or say 10 points in nifty.
Can anyone tell how to avail this renko facility in amibroker? I'm not able to get it in amibroker.
Playing in stock futures based on renko again is problematic because of defining the size of box first.

For Ami there are couple of AFL's available on net, not working in AMI 6.2. Good Renco ALF are not available in public domain.

 

[sadevsamal]

Sir, if i can recollect correctly he had mentioned that block size was Rs 1 for crude.. dont know what that means (dont know what rekno is either)...thought u guys should know..

 

[jd1234]

Sir, if i can recollect correctly he had mentioned that block size was Rs 1 for crude.. dont know what that means (dont know what rekno is either)...thought u guys should know..

Renko is Price based. It ignores Time.
Google it You will find more about renko.

 

[sadevsamal]

Renko is Price based. It ignores Time.
Google it You will find more about renko.

Thanks..will do..

Sent from my SM-G930F using Tapatalk

 

[boarders]

for renko charts:

1. keep "1 Tick" as interval
2. select a brick size or box size which is minimum size where stops dont hit frequently. This varies from scrip to scrip. for example for crude oil this is 5.
3. try to use a renko with tail chart so that you can know the High and low also of each candle.