This thread is for the experienced and not for the rookie, however rookies are welcome to contribute what findings they have, but moreover to share what has/is working using price action. Of course many of us can learn quickly from peoples achievements here so that the wheel is not reinvented.

I'm going to point out few things from my extensive experience using renko/price charts etc as well as my mathematical knowledge and that is:

1) Trading is all about price movement and how much if any you can predict price movement. So either time charts or renko charts can show this in different number planes.

2) Most if not all indicators are based on moving averages and sometimes moving average of moving averages etc with colours added and other bells and whistles. So rather than using any indicator I use the most suitable moving average which I find that work best on the renko chart I am using but perhaps this will vary for other renko chart sizes.

3) Nothing works 100% of the time, as long as the percentage is well on your side (at least greater than 55% or so) I believe you're heading in the right direction. If you are not using a SL then throw away the system or refine it because it is destructive in the long term, of course in the short term it looks perfect when a SL isn't used. This being said before designing a system ensure the mathematics is on your side and it's not just a guess on what you think might work etc. Do lots of testing and analysing using various situations and keep the system SIMPLE.

Feel free to add suggestions or factual findings.

I'm going to point out few things from my extensive experience using renko/price charts etc as well as my mathematical knowledge and that is:

1) Trading is all about price movement and how much if any you can predict price movement. So either time charts or renko charts can show this in different number planes.

2) Most if not all indicators are based on moving averages and sometimes moving average of moving averages etc with colours added and other bells and whistles. So rather than using any indicator I use the most suitable moving average which I find that work best on the renko chart I am using but perhaps this will vary for other renko chart sizes.

3) Nothing works 100% of the time, as long as the percentage is well on your side (at least greater than 55% or so) I believe you're heading in the right direction. If you are not using a SL then throw away the system or refine it because it is destructive in the long term, of course in the short term it looks perfect when a SL isn't used. This being said before designing a system ensure the mathematics is on your side and it's not just a guess on what you think might work etc. Do lots of testing and analysing using various situations and keep the system SIMPLE.

Feel free to add suggestions or factual findings.