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Discuss the rammifications of using RENKO bars to capture trend moves

Discussion in 'Trading' started by 1a2b3cppp, Feb 2, 2009.

trefoil
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Quote from trendy:

I got a PM from an ETer letting me know that QuoteTracker updates a Renko chart in real-time as soon as price has moved far enough to draw another box. Apparently, there is no time frame QT uses with Renko, which is the way it should be. I use Esignal, and as far as I know, there is no way to use a chart that is not time, volume, or tick oriented.
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Stoopid question: how does this differ from P&F charting, besides visually?

#21 Oct 19, 2009

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