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Renko

Exploring Renko + Ichimoku in CryptoDiving into Renko because I love its simplicity and minimalism. This is an exploration of a potential strategy for COINBASE:BTCUSD using Renko and Ichimoku. I like imagining my charts as diving in and out of sea. When it's above water, go long. When it's below, short or stay away. RENKO set to Close, Traditional, and Brick Size 1/20th of current asset value. The area that the RENKO crosses in and out of is the Tenken-Sen of the ICHIMOKU The ICHIMOKU has the Chikou, Kijun-Sen, and Kumo removed and is optimized for Crypto with 10, 30, 60, 30 settings. Basically, when the bricks are above the Tenken-Sen, go long. Trail your stop loss 2-3 Renko bricks behind the current bar. Let's see how this goes! Have fun. Inspired by this Renko Ichimoku Strategy below:
COINBASE:BTCUSD
by spizike
1
Bitcoin is nearing a bottomOn the Renko chart, you can clearly see that Bitcoin is in a falling wedge, but what I want to note here is the volume based on price level. A way to think about this chart is, there has been more volume in the smallest amount of price range since Bitcoin's all time high. Now this could mean that its just a very large stepping stone, right before capitulation, where most people think it is a bottom. I see this as somewhat likely, and wouldn't be surprised to see as low as $4500 in the coming weeks. However I have to assume that based on the trends, volume profile and overall sentiment that we will see a bounce soon before continuing the bear trend.
BITSTAMP:BTCUSDLong
by EthereumAddict
3
MTF Renko Multi Time Frame Renko charts cross over of the lower time frame (box size) is the signal for buy/sell. Selection between the ATR and traditional box size is done by user. If you go by the traditional box size you have to select the box size manually. So change some based on the price of the Currency (you can begin by 1/10 of the currency price). Tips: It can be used for scalping or a confirmation along with your setup. in case of selection of the traditional box size, set the chart's time frame less than 1D.
by glemarc
KTS 0.1a [BETA]VERY early release of KTS for those who have contributed to the early efforts of the upcoming Kawaii Trading Suite package. When you first add this to a chart- nothing will happen. You need to enable the features you want in the indicator's settings menu. Many of these are based off of indicators i've already published (and are linked for in-depth description). The following features available: Daily Support/Resistance levels Hourly Support/Resistance levels General Support/Resistance levels The three above use the same algorithm but are designed for different timeframes. Renko Bar Overlay (overlays a Renko chart on any timeframe you want) Renko Signal Overlay (for those who want to know when renkos go green/red without the giant overlay) The two above indicators use 1D renkos by default (since that's the shortest TV lets free accounts use) but you can use any timeframe you wish in settings. Alt Sentiment Signal overlay (Simple up/down arrow when altcoin sentiment changes) Witchcraft support/resistance clouds (can be toggled individually) Planned but not-yet-finished features include: Ichimokou Clouds Golden Cross signal Plus many more things I haven't posted anywhere else yet. Be aware that beyond this point, anyone wishing to try this product will have to pay a reasonable fee. Please do not message me asking for access to private indicators if you have no intention of paying for them.
Pine Script™ indicator
by MCFX2
KTS 0.1a [BETA]VERY early release of KTS for those who have contributed to the early efforts of the upcoming Kawaii Trading Suite package. When you first add this to a chart- nothing will happen. You need to enable the features you want in the indicator's settings menu. Many of these are based off of indicators i've already published (and are linked for in-depth description). The following features available: Daily Support/Resistance levels Hourly Support/Resistance levels General Support/Resistance levels The three above use the same algorithm but are designed for different timeframes. Renko Bar Overlay (overlays a Renko chart on any timeframe you want) Renko Signal Overlay (for those who want to know when renkos go green/red without the giant overlay) The two above indicators use 1D renkos by default (since that's the shortest TV lets free accounts use) but you can use any timeframe you wish in settings. Alt Sentiment Signal overlay (Simple up/down arrow when altcoin sentiment changes) Witchcraft support/resistance clouds (can be toggled individually) Planned but not-yet-finished features include: Ichimokou Clouds Golden Cross signal Plus many more things I haven't posted anywhere else yet. Be aware that beyond this point, anyone wishing to try this product will have to pay a reasonable fee. Please do not message me asking for access to private indicators if you have no intention of paying for them.
Pine Script™ indicator
by MCFX2
Bitcoin Trading Basics - Using Renko Bars and Support/ResistanceIn this Video Chart I just wanted to introduce new traders to another shiny tool they can add to their toolbox. I think for even the smaller time frame traders, looking at trend direction on the higher time frames like the daily is important to give bias to your positions. Because Renko bars are based on price and not on time this helps clear up all the noise of the ups and downs and concentrates on the overall direction of the underlying instrument being trading. Check it out and compare it to your existing charts and/or use it to bias your trades and let me know in the comments how it works out for you. *EDIT: I said in the video Renko bars are for 'Ranging' markets, but I meant to say 'Trending' markets. Ranging is when price tends to go up and down alot. However, the Renko bars will tend to smooth out the ranging on smaller timeframes.
BITSTAMP:BTCUSD
by Bonavest
10
Bitcoin to $4,000 by February 6th, 2018 Renko Charts expose the intentions of institutional whales by removing the noise from the chart. The truth is Bitcoin is in freefall down to two support levels 6k and 4k. Everything is else a ruse. They're shorting! We're going down. The correction is needed in order for us to move forward in our cryptocurrency journey. Good luck. Resistance: $12,450 Support 1: $6,000 Support 2: $3,500 -$4,000 Box Size: $500 EMA 13 www.senate.gov ETH: 0x33c27fffcb5a27b71a1bd9123b60eebc233b5bc7 thank you :)
COINBASE:BTCUSDShort
by CoreyH
2
AAOI will eventually recover but bottom hasn't arrived yetCurrently a falling knife while its sector is suffering cyclicality. AAOI will need to come clean on whether AMZN and FB have been lost. Chinese competition is pulling the sector down with possibly more supplies than demand. Add to that the weakened investor confidence in AAOI management. My suggestion is that you either short this or stay on the sidelines until after next ER. If ER disappoints, this will bleed to $25 if not below. Also, looks like institutions are dumping this since the beginning of December: fintel.io
NASDAQ:AAOIShort
by worldsapart89