The first Step is done ...

[Alexander Krauss]

Hi,

I'd like to introduce myself. I'm Alex, live in Cologne and I started the Price Action Course in November. By now I ve worked through the material a several times, and learned a lot so far. But: There is still a lot of work to do. In the last few days I concentrated a little bit on Renko Charts. I love them. I like the clear visualization of S/R levels and I want to dive into the "secrets" of trading them. I found out so far, that Breakout/Pullbacks and then a continuation of the trend works very well, and they are very easy to spot. Is there anybody else, who works with Renkos?

Alex

 

[stevko]

Vasude is posting lots of Renko Charts

 

[TheForexGuy]

Thank you and welcome.

Renko charts are the bomb. They highlight market structure very clearly and really let you 'see' into the core market behavior, and movement.

I plan to write software to test various aspects of Renko charts, and see what sort of Renko edge I can develop based off the data.

The project is pushing my coding skills, so I just have to get myself up to speed with c++ so I can achieve these goals for the War Room.