Renko Charts - How to day trade ?

[Overnight]

and OIL

16,2 charts? Those are brutal on fast-moving days.

 

[Oiltraderelite]

Not so, thats only on NQ which i don`t trade, for silver oil and gold its actually slow. Also I use a 18/2 and 20/2

 

[easymon1]

Not so, thats only on NQ which i don`t trade, for silver oil and gold its actually slow. Also I use a 18/2 and 20/2

Could you post up images of a winner and a loser trade from last week?

 

[faust]

Does hooking up NT w/ TDA enable access to equities w/o having to pay NT's data exchange data feeds?

 

[maxinger]

Renko chart (from Esignal) is not suitable for day trading.
It has been smoothened too much.
if you compare it with the normal candlestick charts,
you can see the lows/highs are actually different.

if you use it for swing trading, that's fine.

 

[faust]

Does hooking up NT w/ TDA enable access to equities w/o having to pay NT's data exchange data feeds?

TDA hookup through NT only enables equities, futures can only be streamed via NT real time live brokerage acct. FX accessibke through other NT-approved brokers.

 

[faust]

16,2 charts? Those are brutal on fast-moving days.

it's narrow range periods, not fast days - my algo kills it during fast trend runs. Looking for a way to disengage it during chop zone w/o intervening manually, on auto-pilot.

 

[murray t turtle]

Renko chart (from Esignal) is not suitable for day trading.
It has been smoothened too much.
if you compare it with the normal candlestick charts,
you can see the lows/highs are actually different.

if you use it for swing trading, that's fine.

%%
LOL I'll take you word for that, they look so far fectched+ goofy like a 200dma , may work .....
10 day signal may mean more than any chart style;
I dont like barcharts also, so i dont really want to test those also