Renko Charts and Day Trading

Video: 

The speaker is a day trader who explains how he uses renko charts to find good setups for trading.  He mentions that renko charts will filter out alot of noise in the chart.  They allow you to ride a trend and he walks through how he sets his stop loss orders and also how he meshes renko charts with some other technical indicators that he has created. 

Renko charts and point and figure charts are very similar in their presentation and the speaker talks through some of their similarities and differences.