Arps Renko System ????

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SUPER
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Arps Renko System ????

Postby SUPER » 10 Jun 2014

This presentation on Renko charts inspired me to take a 1 month paid trial of a USD.EUR System which turned out be absolute useless and also raised question about credibility of JanArps.

https://www.youtube.com/watch?v=G9X7zlvbgIs


It only looks great on historical trades, equity graph on live/simulated trading points in the opposite direction. Surprised that a so called veteran in the industry did not fully understand the working of Renko charts.
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Smoky
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Re: Arps Renko System ????

Postby Smoky » 10 Jun 2014

First: bactest with renko charts is buggy !

Second: look at how renko is made and you'll see that orders are ok ;)

use show wicks check box, and you you will understand ...

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MAtricks
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Re: Arps Renko System ????

Postby MAtricks » 10 Jun 2014

Renkos take a long time to learn. And MC renkos take an even longer time to learn :)


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