This "Strategy" project has been created by request.
*** EXPERIMENTAL *** *** USE AT YOUR OWN RISK ***
Description: Strategy based around Renko Bar Chart emulator (ATR) with direction change used to signal long/short trades. I have generally found that setting the strategy ATR resolution to 3-5x that of the chart you are viewing tends to yield the good results, regardless of which chart time used. Positions get taken automatically following THE Renko Bar after a crossover.
The emulated Renko bars can optionally be draw on the chart.
ملاحظات الأخبار
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As requested I have updated to include "Traditional" Renko Method Bricks.
Is this repainting? Extremly good results on nearly any crypto 5-30 min charts.
nnnaaaeee
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@nnnaaaeee, ATR=12, Multipiler of current resolution for atr = 7 (the higher, the more its repainting?)
JustUncleL
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@nnnaaaeee, This script was built to purpose where repainting was not a concern. Could try changing to "Traditional" bricks (line 43), use low time frames with brick size fixed to about between 1/250 and 1/500 of Avg Price. Also change to "@version=3" Pinescript (1st line) may help.
this is incredible with some tweaking of parameters .... @JustUncleL can you please make indicator with short/long alerts from the strategy so we can automate this with 3td party apps(3commas, etc ...) .... you are killing my m8, we so appreciate your effort!
JoelMeal
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Can you update for traditional renko to allow replay?
qianfeng545116
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Even if you switch to "traditional" mode, redrawing will occur, but not before, just recently. Is there any solution?