This indicator is slightly different from other indicators because of the feature of blocks or bricks which seemingly represent price. The name ‘Renko’ basically extracted from the Japanese ‘Renga’ which means brick. This trading indicator has incredible features to filter the noise of price in that case, traders have the opportunity to catch the major part in forex trend with this indicator. It is invented in the free renko charts software download 18th century by Japan, they developed Renko chart by using the entire powerful trend following techniques. Likewise, Renko charts is one of the renowned indicator, intended to help traders find out market trend direction. These indicators help traders to make the trading decision more accurately and wisely as well as provide the ability to predict market flow and trend direction. ![]() Free Renko charts MT4 If you are a forex trader so you must know about trading indicators or technical indicators.
0 Comments
Leave a Reply. |