Discover the power of multiple renko and time based charts for index trading

In the second part of the US futures webinar we move to NinjaTrader and David explains the power of using multiple renko charts alongside multiple time-based charts. Here he is using the YM emini which is the futures equivalent of the US30 for MT5. The renko optimizer indicator delivers the optimal brick size for any timeframe and here he applies it to the 15 second chart, the 30-second chart, and the 1-minute chart and at $5 a brick some nice profits in short order in the move lower with steady price action smoothed by the renko bricks.

About Anna 2010 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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.

» CONTACT ME