Renko Gold Trading Experiment

newtrader101

Well-Known Member
#11
Investing.com shows green candle on 1 hr Renko while Zerodha doesnot yet.
1525351592313.png

Squaring off.
Exit price:3111.
Loss: 12
 

newtrader101

Well-Known Member
#12
Entering Long @3111. Am going by Investing.com as it has more long term data on futures.
Bounced upwards off MBB twice, Stochastics bullish cross on 1 hr Renko, Also heavy volume under the 3rd bar from right.
SL:3098
TGT 3148 (previous high)
 
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newtrader101

Well-Known Member
#13
Entering Long @3111. Am going by Investing.com as it has more long term data on futures.
Bounced upwards off MBB twice, Stochastics bullish cross on 1 hr Renko, Also heavy volume under the 3rd bar from right.
SL:3098
TGT 3148 (previous high)
Just noticed the bearish divergence on the 1 hour Renko.:bawling:
 
#14

newtrader101

Well-Known Member
#17
Gold rose up to 3128 today.
Squring off @ 3124. Profit: 3124-3111=13.
In the same period SilverMicro moved up 386 points. (3/5/18 18:30 to 7/5/18).
It seems one can make money with Renko.
 
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