Please explain Renko charts

What is difference between Renko(traditional) Vs Renko candle closed?

And I think dynamic Renko is like traditional renko except box size adjustable?

3 Likes

1)Renko is a normal candlestick setting which depends upon repainting of brick size and timeframe selected.
2)Renko candle closed is nothing but entry or exit only based on candle close as name suggests.This basically have setting of traditional with brick size to be mentioned.
3)And lastly coming to renko dynamic is the keyword based on ATR or other technical indicator.