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Strategies & Market Trends : Galapagos Islands
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To: Jorj X Mckie who wrote (30502)3/4/2003 2:14:59 PM
From: herry iball  Read Replies (1) of 57110
 
I now trade ES almost exclusively off of .50 box size renko charts using CCI, MACD and regression channels.

I also like to use them for filtering out the noise of market chop. Just seeing what the PRICE is doing can be of great help, especially for checking fibonacci layers.

And indicators such as MACD and even RSI can be really useful on Renko's as they are smoothed out to reflect only price movement rather than all the other stuff in between.
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