The renko optimiser for NinjaTrader is a powerful non time based charting indicator which works with time based charts and gives you the confidence to get in and stay in a trend once underway. In this video we see it applied to the YM emini futures contract and delivering some unbelievable trends with the trend monitor and trends indicators also working perfectly in harmony with the renko indicator.
https://youtu.be/Fj9po7eYzxE...
In the final section of the webinar we explain the power of using the renko indicator for MT4/MT5 when used in combination with time based charts and applying the other Quantum Trading indicators.
https://youtu.be/sXlm05gRFaU...
There are many advantages to using a Renko chart one of which is it can help to deliver good trading opportunities even in difficult, tight range markets. One example is from the gbp/aud on a quiet day yet when set at a fixed value of 2 pips per brick managed to produce over 80 pips.
The version of the Renko shown here is for MT5 and allows traders to select either a fixed value (as we have on the chart) or use the ATR function that is built into the indicator.
And this chart also includes the Quantum trends and trend monitor which can help with entries and exits as well as holding a trend....
The currency strength indicator and the currency matrix along with the currency array for MT5 and NinjaTrader were much in evidence as the London forex session opened with markets becalmed after the last few days of furious price action!
https://youtu.be/shLddsGu918...
https://youtu.be/-UXiblDcAho
What a combination, and even in thin markets, the renko indicator from Quantum Trading with the trend monitor and trends indicators deliver. With the US markets closed for the 4th July celebrations, volumes were thin, but with the renko indicator coupled with the trends and trend monitor indicator scalping trades were delivered....
After the previous day's FED meeting, US indices came off their highs with sentiment shifting from risk on to risk off, with the futures moving lower intraday. The lack of momentum was clearly shown on the tick charts for the ES emini using the Quantum Tickspeedometer indicator.
https://youtu.be/45RIHPiomP8...
Another lively forex session using the Quantum Trading tools and indicators. Look out for some great moves in the GBP/JPY on the renko chart.
https://youtu.be/Er2vDnFR3Xk...
In this forex trading session, we take a closer look at the volatility indicator on the GBP/JPY and also explain the importance of the values on the currency matrix as currency pairs approach the extremes.
https://youtu.be/op3yikVM1RA...
Another excellent session in the London forex markets as we explain how to use the currency dashboard and the components of the currency strength indicator, the currency matrix, the currency array and finally the currency heatmap.
Then we cover some great volume price analysis lessons on the GBP/JPY and the EUR/JPY, with the volatility indicator in evidence as always!
https://youtu.be/F97OuXpR7ws...
