Or just have a look at the both black candles surrounding the second white candle from the left. Without wicks some price action would have been dropped.
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DislikedOr just have a look at the both black candles surrounding the second white candle from the left. Without wicks some price action would have been dropped.Ignored
DislikedRenko_Live_Chart is attached....
... by the way: Whow, you have a Hopwood-VouchIgnored
DislikedGot it, works great.
I C what you mean. However, it still to me seems pretty good. Some will get knocked out...
But not as common and to me just larger stops... which of course impacts profit etc..Ignored
DislikedI hope you go on testing and developing cause I like to improve my renko trading...Ignored
Problem:
Improvement:
Some more Systems were tested... actually one of the RTFG-Thread from mihailo.
DislikedTo be honest, I'm not quite sure how to trade renkos. Cause every Renko-System was chopping me out after some time of backtest.
Every test till now was running on EU with bricksize 20Pip.
System 1: Pure Trendfollowing
After change of BrickColor just enter in direction of brick.
- SL 40Pip
- TP none
- TS 40Pip behind new candle.
Problem:
[list][*]you loose to many pips when only one brick is formed[*]you leave to much pips on table when e.g. 5 bricks are formed - you gain...Ignored