Reply To: Renko Charts Al Fyfe

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#1094
Frederick Fyfe
Participant

Hi Keith – Sorry for taking so long, but I had a hard time getting to this forum.

You need to have a time frame of 39 minutes set before you can get to a 39 min Renko.

I am testing  different different time frames.  I got in on the the 22nd using a fifteen minute Renko on and got out at the close on Wednesday – a nice trade, after seeing what happened on Friday.  Now I am waiting for the Rhino to go back to BLUE to get back in.  I have a five minute Renko on OT and a fifteen minute on VT.

It’s almost buy on the fifteen and get out on the five – with a close eye toward the end of the week.