Does anyone know if someone has created a renko bar where you can choose the tick trend and tick reversal.
For example you could have a 10 pip renko bar trending up and once it retraces 50 pips it would create a new down bar and then continue with 10 pip bars until another reversal of 50 pips happens. I can screen shot my screen if anyone needs clarity. In ninjatrader 7 this bar type is known as unirenko.
Kind regards
For example you could have a 10 pip renko bar trending up and once it retraces 50 pips it would create a new down bar and then continue with 10 pip bars until another reversal of 50 pips happens. I can screen shot my screen if anyone needs clarity. In ninjatrader 7 this bar type is known as unirenko.
Kind regards