Hi David, glad to see you still at the Renkos! Not sure if you remember me but we used to chat about renko charts years ago.. stay blessed
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DislikedHi David, glad to see you still at the Renkos! Not sure if you remember me but we used to chat about renko charts years ago.. stay blessedIgnored
Disliked{quote} Beauty... you mainly just try to scalp 1:1's on DAX right? I've been on a trend following divergence based system and its really fun to trade with... got me wondering though if divergence works with renkos, have you ever tried it? Sounds really interestingIgnored
DislikedHi I've been using Renko to play US100 for a few weeks now. Analyzing the chart backwards, you can see that theoretically there would be a lot of profitable entries, but very often it is the case that one minute candle generates e.g. 5-6 renko candles and in practice it is impossible to enter such a trade. Do you support yourself with any additional indicators? to filter better entries into positions?Ignored
DislikedDo you have any specific trading hours? What do these purple lines mean? and those red lines? This is the range of variability?Ignored
DislikedHello Math, Thanks for your EA. I was just manipulating the parameters thereof to see it's performance. I have changed my renko size to a much much more smaller value just for trying purposes. I kinda notice that the EA does not take trades. {image}Ignored
DislikedCan you describe the basis on which you open positions? Because from your posts it seems that you open it rather randomly. Only TP is relatively constant. Do you rely only on S/R? I have been testing Renko for 2-3 months and to be honest, I have the impression that it only works well in markets with strong trends. 90% of strategies operate on such markets. The problem is that I never know before the session what the trend will be today. And based on any strategy, you end up losing out on the sideways trend.Ignored