Using tick and renko charts to trade in markets moving sideways

Using tick and renko charts to trade in markets moving sideways

Using tick and renko charts to trade in markets moving sideways. https://youtu.be/MiXKDQTL_3s 00:00 Introduction and forex webinar overview 00:00 The webinar opens with a welcome to participants and an introduction by the hosts. They explain that while the primary focus will be on the forex market, the discussion will also cover related market factors since financial markets are interconnected and influenced by multiple external elements. 00:34 Trading disclaimer and attendee welcome 00:34 The speaker begins by highlighting the importance of a disclaimer displayed on screen, emphasizing that trading is risky and advising viewers not to use money they cannot afford to lose. They also note reviewing the list of attendees, recognizing some familiar names but also many new ones, and apologizing if any returning participants were not initially recognized. 01:03 Volume price analysis methodology explained 01:03 The speaker introduces a methodology called volume price analysis, which they and David have developed and used for many years. This approach, explained in their books on Amazon, focuses on the relationship between price action and volume,...
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Discover how to arrive at the correct settings for your tick or renko charts on NinjaTrader

Discover how to arrive at the correct settings for your tick or renko charts on NinjaTrader

Discover how to arrive at the correct settings for your tick or renko charts on NinjaTrader In this video taken from the live webclass, we explain the importance of trading using non time based charts, and how to arrive at the correct settings for your tick or renko charts on NinjaTrader. And see the trade develop as the NQ emini sells of delivering an excellent trade to the short side as a result. https://youtu.be/ot5QxqwmrWM 00:14 Introduction and audio issues 00:14 The speaker checks audio connectivity, mentioning that Anna's microphone is off due to a stormy environment affecting the connection. The speaker confirms if others can hear them and prepares to begin the session. 00:44 Overview of US markets price action 00:44 The speaker examines the three major US stock market indices—Dow (YM), Nasdaq (NQ), and S&P 500 (ES)—noting minimal price movement overall. The Dow is essentially flat, with only a tiny amount of price action visible, described as an 'eyelash' of movement. The Nasdaq has been moving higher and has...
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Discover the power of the renko chart for trading forex

Discover the power of the renko chart for trading forex

Discover the power of the renko chart for trading forex In this part of the forex trading session I show you how to trade forex using the renko chart on the NinjaTrader platform. And in addition, you will discover the importance of using the trend monitor and trends indicators using this approach. https://youtu.be/37uQVAhYhvQ 00:13 Pound Aussie market awaiting Andrew Bailey press conference00:13 The discussion focuses on the Pound to Aussie currency pair, highlighting a period of congestion following a move higher after the Bank of England announcement and the London market opening. Despite anticipation, Andrew Bailey's press conference at 12:30 did not generate significant volatility, and price action remained subdued. 00:47 Congestion phase and volume decline in Pound Aussie 00:47 The discussion focuses on the behavior of the pound and the Australian dollar, noting that both were overextended but moving in the same direction, leading to market congestion. This congestion caused trading volume to decrease, resulting in a lack of momentum to push price movements decisively. The pound was...
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Learn to trade forex using renko charts on MT5

Learn to trade forex using renko charts on MT5

Learn to trade forex using renko charts on MT5 In this video during the London forex session, we explain how to use the renko indicator for MT5 to trade using non time based charts which reveal momentum. https://youtu.be/4JdN7BbWpp0 00:11 Using multiple time frames for cable analysis 00:11 The speaker explains their approach to using multiple time frames for trading analysis on the Ninja platform. They primarily use a 10-minute chart combined with 3-minute and hourly charts, along with daily charts, to understand candle configurations and whether a trading pair is consolidating or trending on slower time frames. The 10-minute chart is preferred for its effectiveness, though alternatives like 15-minute or 5-minute charts are suggested for platforms like MT4 or MT5. They observe recent price action, noting that the pound has been selling, with notable movement around 7:30 leading up to the London market open. 01:26 Price action near London open and currency flows 01:26 The segment discusses currency market behavior leading up to the London open, focusing on the British...
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Markets move on sentiment and risk – here’s how to trade it using renko charts

Markets move on sentiment and risk – here’s how to trade it using renko charts

Markets move on sentiment and risk - here's how to trade it using renko charts Using the renko optimizer indicator for NinjaTrader in combination with time-based charts is a powerful way to trade. It blends the volume price analysis methodology with the benefits of trading a non time-based chart such as renko which reveals moment as risk sentiment ebbs and flows. https://youtu.be/2TapALMqzF0 00:12 Renko charts and futures sentiment overview 00:12 The speaker discusses using Renko charts focused on US futures markets like YM, NQ, and ES on a 5-minute timeframe, highlighting strong selling pressure reflected in red candles. They emphasize that this selling indicates market sentiment and mention monitoring the time and sales window for large trades. The discussion then shifts to currency pairs, specifically the Aussie Yen and the Yen, with the speaker navigating between charts to analyze multiple Renko setups. 01:15 Multiple Renko time frames explained 01:15 The speaker discusses currency pairs, focusing on the pound and Swiss franc, noting that the pound may reverse if it moves...
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Learn how to scalp index futures on the NinjaTrader platform using the renko optimizer

Learn how to scalp index futures on the NinjaTrader platform using the renko optimizer

Learn how to scalp index futures on the NinjaTrader platform using the renko optimizer In this video you will discover how to scalp emini index futures on the NinjaTrader platform using multiple versions of the renko optimizer indicator. It is a powerful approach and when used in conjunction with the equivalent time based charts also gives you the option to apply volume price analysis to the trading decisions. https://youtu.be/rXbHGiKo1Vo 00:11 Using Renko with multiple time frames 00:11 The speaker explains the use of multiple time frames in trading by combining Renko charts with time-based charts. They highlight the transition from a congestion and volatility phase to analyzing Renko charts as an additional tool, emphasizing the benefit of blending multiple Renko charts across different time frames to better apply volume and price analysis. 00:40 Advantages of Renko over time charts 00:40 The speaker discusses the benefits of using Renko charts for trading, highlighting that unlike time-based charts, Renko charts focus on momentum and smooth out congested price action by using bricks...
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How to use the renko optimizer indicator for NinjaTrader to day trade emini futures

How to use the renko optimizer indicator for NinjaTrader to day trade emini futures

How to use the renko optimizer indicator for NinjaTrader to day trade emini futures Trading index futures using non time based charts is a great approach as it smoothes out the price action, but here we blend this approach using multiple charts and with time charts also. https://youtu.be/HhY-z-Js5X0 00:12 Introduction to Renko workspace 00:12 The speaker has switched to the Renko workspace, which combines non-time-based and time-based charts. This methodology blends different chart types, focusing on analyzing market data beyond traditional time constraints. The speaker also adjusts the interface by moving the chat box out of the way to better view the charts. 00:47 Setting 15-second time frames for indices 00:47 The speaker discusses monitoring three indices—YM, NQ, and ES—all set to a 15-second interval, which is a fast timeframe. They demonstrate aligning the Renko chart's timeframe to 15 seconds to match the time-based charts for consistency. This alignment helps identify the optimal Renko brick size for trading the YM index on a 15-second chart. 01:21 Renko optimizer and brick size explained 01:21 The...
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A visual representation of the trading pit using tick data on index futures

A visual representation of the trading pit using tick data on index futures

A visual representation of the trading pit using tick data on index futures In this video, we explain how to use the tick speedometer indicator to reveal the trading activity or participation. https://youtu.be/zMYK-do5qh8 00:11 Current market indices overview 00:57 Possible slowdown and market congestion 00:57 The speaker discusses a potential slowdown in the current bullish market trend, suggesting possible congestion, a pullback, or even a full reversal. The analysis focuses on intraday movements using five-minute charts of three key US indices: the YM (Dow Jones), the NQ (Nasdaq), and the ES (S&P 500). The visuals include these indices displayed on the top line for comparative analysis. 01:30 Market participation and activity levels 01:30 The six pedometer indicator provides insight into market participation and activity levels by showing color-coded signals: red indicates low activity and sluggish markets, orange represents average activity, and green highlights high activity. This helps traders gauge market liveliness and volume trends. The indicator can be applied across different timeframes, with orange being the typical norm punctuated by occasional green...
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Calm your trading emotions using this approach!

Calm your trading emotions using this approach!

Calm your trading emotions using this approach! https://youtu.be/b2GxZbIbrvA 00:11 Introduction to Renko and non-time-based charts 00:11 The speaker apologizes for technical issues with the monitor and chatbox, then introduces the concept of using non-time-based charts, specifically Renko charts. They explain that Renko charts provide a way to smooth price action, highlighting the use of a Renko optimizer across three different time frames: 15 seconds, 30 seconds, and another duration not fully mentioned. The segment emphasizes the practical application of these charts as an alternative to traditional time-based charts. 01:33 Using Renko optimizer across multiple timeframes 01:33 The speaker demonstrates using the wrinkle optimizer tool by selecting a 15-second segment, which automatically calculates the optimal brick size. They highlight the simplicity of the process and point out a clear trend visible along the timestamp in the tool. 02:02 Renko smoothing congestion and price spikes 02:02 The speaker explains how Renko charts smooth out periods of congestion seen in time-based charts, reducing the spikes and erratic movements typical around certain times. By filtering out these...
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Using the tickspeedometer to help reveal participation and momentum in all markets

Using the tickspeedometer to help reveal participation and momentum in all markets

Using the tickspeedometer to help reveal participation and momentum in all markets. https://youtu.be/9m7gun9_IkY 00:00 Webinar introduction and disclaimer 00:00 The host welcomes attendees to the webinar, noting the global audience including participants from New Zealand. They invite viewers to share their locations in the chat for personalized greetings. Before beginning, the host highlights the disclaimer that trading involves significant risk. 00:30 Audience overview and trading categories 00:30 The speaker advises viewers not to use money they cannot afford to lose. They acknowledge the presence of various participants, including Forex program students, quantum software users, book buyers, and newcomers. The session is set to begin with a discussion of the charts and the underlying methodology. 01:06 Volume Price Analysis methodology 01:06 The speaker introduces volume price analysis (VPA) as a method to analyze charts by examining the relationship between price action and trading volume. This technique helps confirm whether market movements are genuine or traps set by insiders, market makers, or smart money. VPA is versatile and can be applied across all markets and...
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