Scalping Forex Ea : Why Renko Charts Are So Popular - One of the significant problem of classical bar chart is that it shows expense movements "as-is", this makes the chart displaying excessive price information such as volatility noise Creating during periods of trading with high volumesenko chart filters out this noisenly severe expense movements are plotted on the chart regardless passing of the timeesides, Renko chart is calculated Based on closing price of each price bar ignoring open, high and low priceshis means the Renko method isolates the chart from intra-day minor price changesow the Renko chart is being constructedt is consequence of black and white bricks plotted one above or under another and shifted to the rightll bricks are equal in size and they equal to "brick size" parameter of Renko chartf expense surpasses current brick's top by the brick size value then the new white brick is plotted in the top right direction from the current brickf expense falls lower the previous brick ... [Read More ! Scalping Forex Ea]
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Scalping Forex Ea : Why Renko Charts Are So Popular
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