Renko Charts: they are effective in identifying support and resistance levels

Some no time charts is usefull to find opportunities. This is a feature that I look to when I am to subscribe to a service.

Renko charts are designed to filter out minor price movements to make it easier for traders to focus on important trends. While this makes trends much easier to spot, the downside is that some price information is lost due to simple brick construction of Renko charts




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