High everybody !
For this system, you need 2 indicators : a pen and some paper.
I trade only GBP/USD because usually, there are big movements.
Each time the price move 50 pips up, i draw a green candle.
Each time the price move 50 pips down, i draw a red candle.
As Renko, this system does not take care about time, a candle is drawn when 50 pips are done whatever the time to reach it.
This is good to eliminate the noise.
This system is good in trend and in range.
For this system, you need 2 indicators : a pen and some paper.
I trade only GBP/USD because usually, there are big movements.
Each time the price move 50 pips up, i draw a green candle.
Each time the price move 50 pips down, i draw a red candle.
As Renko, this system does not take care about time, a candle is drawn when 50 pips are done whatever the time to reach it.
This is good to eliminate the noise.
This system is good in trend and in range.