TRADING OF RENKO SYSTEM

 When you decided to start trading by using RENKO SYSTEM you must first set up it to your MT4  platform... It is not working on MT5 ...  

How can you set it up.?

It is easily,first you must buy the system from the owner or seller.(you can contact me if you need it through email: elishamabuye@gmail.com)

After buying the Owner or a seller will show you step by step on how to set it and you will start trading without any stress..!!!


On other hand,the RENKO SYSTEM can make easy analysis on market due to it's fomart.. you can determine the breaks on how they go up or down..!!!(Also the owner or Seller will train you to trade with it)



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In the earlier examples, we discussed the plotting of Renko charts using absolute brick values, such as 5 or 10. Actually, Renko charts can be plotted with any number. But often a chart moves in a wide range which makes defining the brick value difficult. Take, for instance, a stock like Aban Offshore that was trading at 5,000 in January 2008 and subsequently crashed to 300 in March 2009, and then traded below 200 in January 2016. A brick value of 50, when the stock was trading at 5,000, would have represented 1% of the prevailing price. But if the chart were plotted with the same brick value when the price had dropped to 200, the brick value of 50 would represent 25% of the prevailing price. This example illustrates the problem associated with using absolute brick values for Renko charts, especially when studying a long term chart. There are many examples of stocks moving in a wide price range where it would be illogical to use a single brick value to sensibly capture the price action
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BRICK VALUE TWO

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