You really think you would have hung onto that trade over all those candles and exited where you say you did were you trading live? When each new candle that went against you was a hammer blow against your soul and you watched your profits rapidly disappearing?
And then we get that W shape at the lows about one third into the chart. You really think you would not have been cut to blazes by the chop?
Dream on.
Forget it spectre. Renko charts look great in hindsight. In on-the-ground-reality, they are rubbish. You can take is from me/us-here now, or you can learn it painfully by experience. Your choice. All I can do is try to advise you from experience - coming up to 10 years now. Renko dunt wurk. If it did, we would all be rich and not be contributing here. It doesn't, so we aren't and we still do.
