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Renko Charts and Time

  • noureenahsan1234
  • Feb 4, 2020
  • 1 min read

As far as possible between making a trade with standard candles and making a trade with Renko is that Renko doesn't have time considered into it. Candles go up or down and thus close ward upon the time task. Renko injures (the name for what they take after) perhaps structure when the expense has moved to a set number. Renko charts and time.



For example: expect on a standard light structure we have a strikingly moderate, uneventful day where cost essentially moved 10 pips for 4 hours, from 1.010 to 1.020. If you were using a 5-minute light plan, you would 48 candles in that 4 hour time length.

 
 
 

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