RENKO CHARTS

[leftyg]

I love Renko charts..and wish so much that they had been available on StockCharts long ago. I used a variation of P&F box reversals to trade indexes for a number of years..but, how much simpler Renko charts make that work.

Most of you seem to be focused on stocks. Do any of you trade the indexes?

I never trade an individual stock because of the inherent risk, but spread that risk through use of the basket of stocks in an etf. Presently, I am trading the mid-cap S&P400 using MVV and MZZ, which are 2X inverse instruments.

The system is a profitable one..and has been proved over about 10 years..using the NDX related funds, primarily. The mid-cap index seems to be somewhat better behaved, and I think will also show a comparable or higher return.

good trading to all.