Renko Charts - How to day trade ?

Discussion in 'Technical Analysis' started by easymon1, Jul 13, 2021.

  1. Overnight

    Overnight

    16,2 charts? Those are brutal on fast-moving days.
     
    #11     Jan 10, 2022
  2. Not so, thats only on NQ which i don`t trade, for silver oil and gold its actually slow. Also I use a 18/2 and 20/2
     
    #12     Jan 14, 2022
  3. easymon1

    easymon1

    Could you post up images of a winner and a loser trade from last week?
     
    #13     Jan 15, 2022
  4. faust

    faust

    Does hooking up NT w/ TDA enable access to equities w/o having to pay NT's data exchange data feeds?
     
    #14     Jun 3, 2022
  5. maxinger

    maxinger

    Renko chart (from Esignal) is not suitable for day trading.
    It has been smoothened too much.
    if you compare it with the normal candlestick charts,
    you can see the lows/highs are actually different.

    if you use it for swing trading, that's fine.
     
    #15     Jun 3, 2022
    murray t turtle likes this.
  6. faust

    faust

    TDA hookup through NT only enables equities, futures can only be streamed via NT real time live brokerage acct. FX accessibke through other NT-approved brokers.
     
    #16     Jun 21, 2022
  7. faust

    faust

    it's narrow range periods, not fast days - my algo kills it during fast trend runs. Looking for a way to disengage it during chop zone w/o intervening manually, on auto-pilot.
     
    #17     Nov 29, 2023
  8. %%
    LOL I'll take you word for that, they look so far fectched+ goofy like a 200dma , may work .....
    10 day signal may mean more than any chart style;
    I dont like barcharts also, so i dont really want to test those also:caution::caution:
     
    #18     Dec 1, 2023