You can trade Renko bars by themselves using the system of long after two bricks of the same color exit the trade when a brick of the opposite color appears. However, Stochastics gives an added ...

An initial stop could be placed just above the last blue Renko brick. Keep in mind that in the above example, each brick is equal to five pips. In the above example, the red circles mark where the ...

Renko charts work by grouping smaller price movements into consolidated blocks. You’ll determine the price size you want counted as a single box or brick, and your Renko chart will only show you an ...