DislikedThose aren't the Renko bricks are they? Do they help keep you in the trend longer?Ignored
Hmm, do they keep me in the Trend longer? What i can say is, that under special circumstances the signals of Symphonie in a tight range made them too late. And in this cases the Renko's will filter those ranges out.
I have to watch if Renko Signals come later then the usual 5m Chart signals. If not then Renko's are really benefiting this system.
If they are too late then there are no benefits of filtering those whipsaw actions.
The Trendline seems smoother but tighter then to take them from the H1 Chart, what keeps me in a Trend longer.
What i have to research is to find a correlation factor between volatility and the Renkoboxsize. Because if volatility rises then all patterns stretches longer in their move. Also the whipsaws do and we have the same problem again.
Another aspect of using Renko's is, that you could easily spot Support & Resistance Zones and trading with 1-2-3 Pattern Breakout is also good.
There are many Systems which performs better with Renko's or Constant Range Bars.