The renko chart for MT5 paints a perfect picture on the GBP/USD

Renko charts are the perfect compliment to time based charts and paint a perfect picture of the price action as this reveals momentum in the market, something a time chart never does. It also reveals the structure of the chart in a clear and complete way.

About Anna 2016 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

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