Simple Forex Scalping Technique Using Customized Renko MT4 Indicators Consistently Wins as Many as 9 out of 10 Trades.
Here is the main benefit to using Renko Charts: You know when a new trend is developing and you can get into a trade at the very beginning of that trend, long before the candlestick and bar chart crowd has even the first clue as to what to do.
If you trade with a specific pip target in mind (a 10 pip goal, for instance) you can be in and out of the trade, with your 10 pips safely banked in your account, before the rest of the trading world even gets their first signal!
Another benefit of using Renko Charts is you can decide if you want to use Large Renko Boxes (those red and blue candles are called "boxes") and shoot for 30-50 pips a trade, or use smaller boxes (2, 3 or 4 pips is size) and scalp the markets at any time, day or night. Renko boxes are 100% size adjustable, leaving you in complete control over your trading environment.
* product is without any support, if you need support, there is additional support fee