Introduction – What is Renko Chart “Renko” comes from the Japanese word “renga” which means brick. Once you look at a Renko chart, you will understand why. The chart looks like a series of bricks placed at a 45-degree angle to each other. The two charts below show the striking differences between a regular candlestick […]
10 Types of Price Charts for Trading
Do you trade with the 5-minute chart? Or the daily chart? But why are we constrained by time bases? Are there other ways to visualise price data? Do they offer valuable perspectives? Here are 10 types of price charts to satisfy your curiosity. (Beware. They might turn your trading perspective upside down.) For easy comparison, we are using […]
