Renko

You can follow renko structure's starting stages to Japan and they were first acquainted with the West by Steve Nison in his book "Past Candlesticks".

The liberal word renko is gotten from the Japanese word renga, which aggregates squares. Renko plots take after kagi outlines and the three-line break charts close by that the renko design is pulled over the level of the fundamental model and have a fixed size.

Renko diagrams are what's ceaselessly like point and figure follows as each square is a relative size.

Starting at now, as to make a contrary covering, the fixed square size of the Renko must be beated. This plainly bundles renko follows as a release pointer and in unbalanced markets can influence different fake signs.