Renko: Difference between revisions
From MultiCharts
→Understanding Renko Chart Type
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===Understanding Renko Chart Type=== | ===Understanding Renko Chart Type=== | ||
[[File: | [[File:RChart1.png|right|Renko]] A renko chart is constructed by placing a brick in the next column once the price surpasses the top or bottom of the previous brick by a predefined amount. Up boxes are used when the direction of the trend is up, while down boxes are used when the trend is down. | ||
===Selecting Renko Chart Type=== | ===Selecting Renko Chart Type=== |