What is Renko Charts & Minimize Whipsaw with it

First, let us quote an excerpt from the book Sentiment Indicators by Abe Cofnas. Renko charts are a tool that represents price movements by using bricks. Renko is the Japanese word for brick. If a price moves higher by a certain amount, a new brick is added. We can select the colour; it is usually … Continue reading “What is Renko Charts & Minimize Whipsaw with it”

Intraday Renko Trading System On Sharekhan Trade Tiger

Introduction Last month I have written a post on the Renko charts, what is it, and how we can use them. In this post, I will discuss how to create a Renko trading system on Sharekhan Trade Tiger. Apart from TradeTiger, the Zerodha Pi platform, TradingView, and Zerodha Kite also offer good Renko charts. How … Continue reading “Intraday Renko Trading System On Sharekhan Trade Tiger”