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Renko Charting Package software application by FX Banking, Inc. about charting, indicator, trade, indicators and more.
Version: 2011 Release: 05/01/2011 OS: Win2000,Win7 x32,Win7 x64,Win98,WinServer,WinVista,WinVista x64,WinXP Type: Shareware Size: 5844 kB Price: $199.00
Keywords: renko charting package, renko, charting, package, renko charting, renko package, charting package, mt4, forex, trading, traders,
Renko Charting Package

Revolutionary New MT4 Charting System Takes All The Guesswork Out of Forex Trading And Allows Traders To Find Profitable Trades At Any Time, Day or Night

No more noise, no more \"chart clutter\"

Just a 80-90% certainty what direction price is going next!

Over the past few years, I\'ve relied upon the Heiken Ashii candles (2,6,3,2 settings), the Slope Direction Lines (34,2,0 and 9,3,0 settings), simple Support and Resistance lines and of course, the Anniversary Trade (which is a moving average crossover trade, for those of you who never read my book).

Obviously, there are dozens of other indicators, with a myriad of settings you could use, but I want to keep this shorter than a Tom Clancy novel, so lets just look at the indicators I\'ve mentioned.

HERE IS THE TRUTH ABOUT EVERY INDICATOR YOU USE

All of your indicators need price to move 15-30 pips before they start triggering trades.

Since most of us are on quests just to make 10-20 pips, it just kills me to see pips get passed by while waiting for my indicators to kick in. If there was some way to get in on a move on the very ground floor (or at least the mezzanine) I could have my 10-20 pips already banked before the indicators began getting everyone else into the trade, and I could either close out the trade (happily, I might add) or hang in and grab a few extra pips as the momentum kicked in from all the other traders around the world jumping in when THEIR indicators started giving them the same signals.

I\'ve spent months (years, even) trying just about every indicator known to man or beast, using every conceivable setting I can think of, and have reached the conclusion that just such an indicator does not exist.

Last week, I learned something shocking: I was right all along.

It\'s not an indicator I should have been searching for.
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