Renko Charts: Guide to Use in Forex Trading

Visualizing changes in asset values ​​makes it easier to track trends. This is why Eastern analysts were not satisfied with traditional candlesticks and created alternative ways of representing price changes. One of them is the Renko charts designed to simplify trading by reducing market noise. Today I will tell you what Renko bricks are, how to work with them, what signals they can provide and how they can help in trading.

What is Renko Charts?

Renko is a type of chart for displaying asset price movements. This is an alternative to Japanese candlesticks in representing price changes. The Forex Renko… Read full author’s opinion and review in blog of #LiteForex