Research Question: What if we use Renko instead of Range?
The following analysis is in response to a research request that wanted to know if we had tried Renko bars instead of Range bars. The test produced some very interesting results, so it was prioritized, but it also kicked off a complete overhaul of our systems and process (more on this later).
Renko Vs. Range
Renko and Range are two types of bar calculati…