RENKO Intraday Trading System

Primarily, RENKO chart help us to eliminate noise or sideways movement of any script. Moreover, RENKO trading system is a fully automated trading bot, and doesn’t generate re-paintable signal.

Conceptually, RENKO chart is independent on time. Time can keep moving but RENKO can remain unchanged without any brick movement if the close price doesn’t cross the brick size as defined.

Due to the charting pattern it gives us an edge, as RENKO eliminates to create any new brick for small price movement according to its brick size.

How to set up trade in RENKO trading system

  • In short, firstly you need to choose the brick size,
  • secondly  the entry brick count, and
  • thirdly the exit brick count.
  • Once the above is done, you can sit back and relax. The system will do the rest for you.
  • Buy and Sell signal shall generate based on your chosen entry and exit criteria.
  • Moreover the system can be integrated with your Trading terminal too. 
  • Fund management can also be customized based on Trader’s need.

You can learn more about RENKO in our blog post here

How Automated Renko trading works

Renko Trading system
  • Firstly, RiTS the RENKO trading system is built in Amibroker AFL   which is completely parameterized.
  • Secondly, we can not only modify the Brick size, but also the entry and exit brick count (based on need).
  • Thirdly, it is a fully automated and customized trading system, which can trade in fully automated mode.
  • Fourthly, you can also place your trade by using a button from the Amibroker charting pane. 

It should be noted, that there are multiple built-in indicators other than brickcount entry, which can additionally help traders.

  • EMA
  • Supertrend
  • Horizontal Line

Above all, sound interesting?

  • Thus, connect with us to trade with confidence. In short, Purchase our non-repaintable RENKO trading system today.
  • However, note that the price doesn’t include data feed, Amibroker cost and setup cost.
  • Also, we can help you to integrate this system with an additional service charge.
  • Finally, get the trading system installed. Within few minutes you can start trading using this fully automated system. 
Renko Demo video
Payment Plan

One Time

  • Free Upgrade for 1 year
  • Installation Support with Amibroker is FREE
  • Payment is non refundable
  • Robo Setup - Additional cost
  • Customization Possible with Additional cost
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