Renko Charting

Does anyone use Renko charting, and would they be able to recommend a good resource for using this type of chart?

I understand that each block is worth a certain value, and that it takes a multiple of that value to reverse the color of the brick (much like changing from x's to o's in Point and Figure charting). What I would like to achieve is an understanding of the system, so that "I" can determine the value of the charting method, and whether "I" would like to implement it.

Thank you,

Lyfegrd

 

Quotetracker has renko charting.

As to its value over any other type of charting, I will let you determine that for yourself as you have requested.

Regards

 

Probably wikipedia has a tutorial level article on Renko, I was looking at one on P&F just last night and it had links to stockcharts.com and everything...

 

Linnsoft has good Renko charting.

http://www.linnsoft.com/renko/

 

i use renko on sierra chart

http://www.sierrachart.com/userimages/upload_2/1220761031_27_UploadImage.png

 

I have custom renko charting done for Ninja

 

bump any of these let you demo? and are they any others?

 

MetaStock has Renko/Kagi/Candle etc.

http://www.equis.com/products/realtime/metastockpro/?features

 

You can get the EasyLanguage code and apply it in any compatible software.

http://elitetrader.com/vb/showthread.php?s=&postid=2197244#post2197244

 

To add a few more...

eSignal
pro-realtime
tradesignalonline (+desktop application)
Sierra charts
Investor RT
Stockcharts
Visualchart
XTick
and probably some more.