Udemy

A New Approach To Trading Forex & Stocks Using Renko Charts

Enroll Now
  • 271 Students
  • Updated 3/2022
4.2
(63 Ratings)
CTgoodjobs selects quality courses to enhance professionals' competitiveness. By purchasing courses through links on our site, we may receive an affiliate commission.

Course Information

Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
2 Hour(s) 58 Minute(s)
Language
English
Taught by
Stephen Hoad
Rating
4.2
(63 Ratings)
2 views

Course Overview

A New Approach To Trading Forex & Stocks Using Renko Charts

Learn a unique Japanese Technical Analysis method to trade the markets and get a trading edge!

Renko charts are a unique highly powerful tool in Technical Analysis and trading, that is little understood and used. I've been using Renko and other Japanese chart types professionally in my trading and Technical Analysis for many years.

These type of Japanese charts are ideal for creating a more disciplined, systematic, simple, effective approach to your trading. They help sort out the emotion and 'bad' psychology' in your trading! Combine Renko chart types with 'Western' Technical Analysis tools and you start to create really powerful trading strategies. They are so simple once you get to understand them that they become ripe to move into the algorithmic trading world.

In terms of trading strategies, I find them a good all-rounder that can be used for break-outs, trend following, reversal systems as well as helping keep your trading shirt on your back and your hard earned money in your pocket, as they also make an excellent weapon to deploy for risk and trade management purposes.

You'll hopefully learn how to do all this and apply it to your trading to give you a trading 'edge'!


Risk Warning: This course is purely for educational purposes and should not be construed as investment advice. Always be aware that trading and investment comes with a high degree of risk - always speak to your financial adviser first before investing and trading.

Course Content

  • 6 section(s)
  • 43 lecture(s)
  • Section 1 Introduction
  • Section 2 Renko charts are and how they fit into Technical Analysis
  • Section 3 Section 3 What Are Renko Charts - Understanding, Building and Using.
  • Section 4 Section 4 : Enhancing the power of your Renko charts.
  • Section 5 Section 5 : Using Renko to trade.
  • Section 6 Section 6: Course Roundup

What You’ll Learn

  • You'll learn how to master a unique tool in Technical Analysis - Japanese Renko Charts, that will help sort out your bad trading psychology, add discipline to your trading and help you create a more systematic approach, as well as hopefully a new 'edge' to the success of your trading.


Reviews

  • M
    Mark
    2.0

    Not a good match. Renko charts remove the time dimension and depict trend. I was hoping to see data backed strategies and rules - that seems to be missing.

  • C
    Casey T Grewen
    4.0

    yes

  • S
    Sandeep Jain
    3.5

    The course was an overall good experience. However, the concept of choosing an appropriate Renko Box size was a bit wanting.

  • A
    Arvind V
    3.0

    Good introduction to Renko charts. I liked the section with the videos on adding different indicators to Renko charts to create your own system but the explanations could have been better. Would have liked more content in the videos as they sometimes tend to be too brief (with long spaces at the beginning and end of the video where nothing happens and these should have been edited out). Note - the author has generously put this course on his YouTube channel for free.

Start FollowingSee all

We use cookies to enhance your experience on our website. Please read and confirm your agreement to our Privacy Policy and Terms and Conditions before continue to browse our website.

Read and Agreed