Renko is another kind of candles. The most popular are candlestick charts, but there are many others types of charts created in Japan. There is for example Kagi, Three Line Break or Renko chart. Lets focus on Renko.
Swing trading is a popular trading method. This topic is wide, but I will try to present you my approach. If you have any questions about that topic, please feel free to ask in a comment section. What is swing trading? Swing trading is a method of trading where we want to use strong directional […]
As you know, I use few technical indicators, but the main are Fibonacci Retracement and Extension levels. It is already built in MT4, but you have to configure it so you can use most popular Retracement and Extension levels at one time. Here is how to do it step by step.
You can build very good strategy around pivot points. Thanks to them, you are trading with tools used on trading floors. We have few types of pivot points: daily weekly monthly and others, based on time frame