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A new box will appear on the chart, only when a special level of price change occurs. When the box size is set to a smaller setting, then new boxes come faster, but when the size is set to a higher setting, then a larger price change needed, in order to appear a new box on the chart. Why Renko Chart?I really found that The Renko Strategy was very valuable. If youre looking for something powerful that isnt overly complex, whether youre a beginner or an expert, then the Renko Forex Trading Strategy is just the thing. Not only are its results assured, but the manner in which it executes makes it a clear frontrunner in terms of being simple yet effective. Now the Renko forex trading is a highly profitable 100% mechanical system that seeks to put you on the right side of the market most times.
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Removing subjectivity from your trading also helps you to eliminate any limiting emotions which may negatively impact your trading performance.
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forex scalping