by SenseClash » Wed Apr 20, 2016 1:59 am
I forgot to mention another benefit of having the Renko signal me at every candle, no matter what the color. Let's say I'm long. When I get a signal that's a continuation of a trend that I'm in, I can adjust my stop using a method other than Renkos. Otherwise, I'm waiting until the Renko changes color, and that can force me to give up a big chunk of profits--depending on how big my bricks are.