Replies to post #241 on RENKO CHARTS

[simplegreen]

redsox..,Stockfetcher has no references to Renko...just have to use traditional western indicators then relate them to a Renko chart...a great thing about fetcher tho is the vast array of exotic indicators that help to accomplish any goal...notice in my scan for example I am using IFT(9,20)..Inverse Fisher Transform.Am looking also at possible use of Chandelier Exits terminology because its based primarily on ATR.

[simplegreen]

redsox and board..,Here are screenshots of some of the hits on the current Reno Scan...104 results total because I have not tweaked it down yet but this is more than enough to study I suppose(LOL)

[simplegreen]

Hey redsox and board...earlier I posted my Renko Scan but said its not complete...if any of you have Stockfetcher and are checking out the scan add this line....and 10 day slope of the close has been increasing the last 1 days...also add Slope 10 to your SC.com chart and tell it "behind the price"...this combination will knock your socks off...redsox(LOL)...here is a March 12 scan date chart on SGMS that shows about what to expect from my Renko Scan now..seems very typical in backtesting....this chart shows the other Slope 10 reversal points per scan text criteria...BTW I also changed to ATR(10) from default 14 and added ATR(10) just above Renko chart..