DislikedThen Renko Bricks are nonsense?
I'm still using C4, but cannot see the difference between Renko Bricks and lines on a regular chart spaced 5 or 10 pips apart. Would someone like to explain the advantage of Renko? Isn't waiting for a new brick to form the same as waiting for price to move 5 pips or 10 pips on a regular chart?
Whether this is an advantage or not, who knows. Edge presented the idea and claimed it could be profitable, all we are trying to do is figure it out. Nothing more, nothing less.
In the end, it may not provide an advantage. But for now, the assumption is that it does.