Quote:
Quoting record100:
From my understandung, Renko bars is just painting based on trendiness, it is like TTMTrend. Range bars are like Volume bars, Tick bars etc. Range bars gives better view on extensive price movements. It is personal preferences, some traders are more sensitive to time, others to price range
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Quote:
Quoting Big Mike:
Roonius, I'd like to hear how you describe them. I've heard them called bricks but what is your interpretation of them and how they are built and used?
Mike
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Renko's purpose is to filter out the noise.
It is nothing like TTM trend or tick bars or volume bars.
I just took two screenshots of 5 tick renko and range bars of the same time range.
It's up to you to decide which looks "cleaner