RENKO CHARTS

[leftyg]

ron...good reply on your reversal decisions. Your plan to only take the reversal-short brick in an overbought condition may work well to reduce whips.

Do you have the software skills to back-test that idea?

I love the ease with which the returns can be evaluated with the renkos...compared to plotting the P&F's, it is a big step forward.

If the whips can be limited to only occasional happenings..and they can on every chart I've looked at..it seems like a good return is simply a matter of staying on the right side of the trend..and changing to the other side when the trend does. Best regards to you.