How to use the renko indicator on MT4/MT5 to help you enter a trade
Learn how to use the renko to help you enter a trade.
https://youtu.be/OMy9fRl62No...
Control your trading emotions by smoothing the price action
https://youtu.be/b2GxZbIbrvA
Control Your Trading Emotions by Smoothing the Price Action
Trading emotions can sabotage even the best strategies. Fear and greed drive impulsive decisions. Smoothing the price action helps remove noise. This creates calmer, clearer charts. Emotional control follows naturally.
How Smoothing Works
Use non-time-based charts to smooth price action. Renko or tick charts ignore time. They form bricks or bars only on significant moves. This filters choppy periods. Volume price analysis (VPA) becomes easier—true trends stand out without distractions.
Benefits with Quantum Tools
Quantum's Renko Optimizer on NinjaTrader finds perfect brick sizes. TickSpeedometer reveals participation surges. Trend Monitor keeps you aligned. Anna Coulling's VPA approach pairs perfectly—volume confirms smoothed signals for disciplined entries.
Smoothing price action builds emotional resilience. Fewer false signals mean fewer frustrations. Quantum indicators make it simple and effective. Trade with confidence, not emotion. Start smoothing today for calmer, consistent results.
How Renko Charts Work
Choose a brick size based on asset volatility:
Small bricks (e.g., 5 pips on EUR/USD) for scalping.
Larger bricks (e.g.,...
How to see inside the price action using the NinjaTrader tickspeedometer
How to See Inside the Price Action Using the NinjaTrader TickSpeedometer
The NinjaTrader TickSpeedometer lets you see inside price action. It measures tick velocity in real time. This reveals surges in buying or selling pressure. Traditional charts hide this participation. TickSpeedometer exposes it instantly.
Combining with Volume Price Analysis
Volume price analysis (VPA) pairs perfectly with TickSpeedometer. High tick speed on up moves shows strong momentum. Low speed warns of fading interest. Quantum's TickSpeedometer on NinjaTrader includes customizable alerts for quick reactions.
Practical Benefits for Traders
Use it to spot breakouts or reversals early. Avoid low-participation traps. Anna Coulling's approach turns tick data into clear signals. This gives traders an edge in fast markets like emini futures or forex.
See deeper into price action today. The TickSpeedometer makes hidden activity visible and actionable.
https://youtu.be/9m7gun9_IkY...
Why use tick charts for trading and what they reveal
Why use tick charts for trading and what they reveal to you as a trader. And the short answer is momentum, something you never see on a time based chart.
https://youtu.be/ws1AF4RJSj8...
Using Renko charts in forex
https://www.youtube.com/watch?v=cUc-6BRnceQ
The advantage of using non time based charts such as tick and Renko is that they allow us to gauge the momentum and participation levels at any given time. This video is an excerpt from this morning's forex webinar we saw this in action on the aud/jpy....
Trading emini futures using Renko & time charts
https://www.youtube.com/watch?v=t14k-qi7i54
Using a non time based chart such as a Renko will not only give traders smarter more precise entries but also help to stay in a trade. However, there is an issue in that traders have to guess the value of the Renko brick. However, the Renko Optimizer for Ninjatrader will calculate the optimal value in different time frames. The video explains how to use this indicator in multiple time frames to trade the ES emini contract (futures contract for the S&P500).
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