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There are basically 3 types of markets-Up trending, down trending and ranging markets.

During the up trending(bullish), the buyers out play the sellers. On the other hand, the sellers have the edge in a down trending market(bearish). When the market is ranging(sideways), the suggestion is that there is an agreement between the buyers and sellers.

However, what many traders don't know is that there are factors that play in to give some edge to either the buyers or sellers .Being able to measure these factors is important in determining which way an instrument price may go.

Renkometer is a software that constantly assesses the financial markets. It measures these factors and relates them to price change.

In doing so, it clearly marks for us the best time to Buy or Sell for maximum gains.

Renkometer is a trading software that combines custom indicators on a Renko chart to predict BUY andSELL signals in any market-be it forex, stocks, commodities or Indices.http://www.renkometer.com/

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