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The Renko Chart is a RobotFX expert advisor [ https://www.robotfx.ro/ ] that allows the creation and use of the renko bars charts on Metatrader. As you probably know already, the Metatrader doesn’t have renko bars, its defaults being candlesticks, line and bars.
Why to trade using renko vs candlesticks, that are the default Metatrader chart? Simply because renko offers a better visual of what the price does and is clearly reflect the price movements. Also, trading renko charts you won't have to deal with confusing spikes or gaps. Combine this with a profitable trading strategy and a little trading skills and you can get a successful Renko trading strategy.
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