It shows entry and exit points.
After two moving up blocks = Enter
After two moving down blocks = Exit
That is all, made it so it is a little bit easier.
1 - How do I backtest this in TV? I dont know much about it but I thought it needs in the scripts different code like words ''strategy''. Could you please provide the steps on how to backtest it?
2 - where/how can i set a specific period in this backtest?
3 - Can we set/change on the code (not on the TV graph) the block size so we can backtest several of these renko block sizes?
4 - I was reading about simple Renklo strategies and apparently its good to always trade with the trend. One way to do this is only go long if price above 200 EMA or short if below 200 EMA. Think this is useful to add just to see the difference and we can uncomment it out from the code to test to see if it is better?
Thank you soooo very much:)
Speaking about block size, I can't really help you there, as I mentioned before, I am completely new to this or programming overall.
Thank you for giving a feedback