Tag Archives: what is renko

Instaling Renko chart on mt4

Renko chart

  The word “Renko” comes from “Renga”, the Japanese word for “brick”. Renko is only concerned with price movement , time and volume aren’t  included. This type of chart is very helpful  for traders to identify support/resistance levels. Renko sharts don’t have any upper or lower shadows. We can change the box size in them , that means we don’t …

Read More »