E-Learning

How to Use Renko Bricks and Moving Averages to Find Trades

Seeing the Trend without Forex market noise is the goal of every trader. Too many times, traders get head-faked by the twists and turns of price action. Renko bar charts can filter out the whipsaws and intra-market volatility to reveal trend direction. Adding a moving average can help spot and confirm entries and exits revealed with Renko bars.

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Trading Trends with Renko Charts

While traders have used line, bar and candlestick charts to gain better insights into price action, another type of chart could be even better. Renko charts can give traders a purer view of price action free of the dimension of time to easily identify trends.

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