renko candle strategy(lirshah)
Renko candles strategy has been written based on renko box plots.
the strategy plots renko boxes and levels for trading,
the buy signals trigger when renko is on uptrend and hit the lower box border and similar scenario for sell signal.
the standard parameter are as bellow:
box size: 3.5$
take profit: 1000 pip
stop loss: 200 pip
the below overview is results of strategy on 1sec chart(normal candle) of Nasdaq index, with 1 contract and 0.5 $ commission per order during New york session.
in order to access scripts contact me directly.
the strategy plots renko boxes and levels for trading,
the buy signals trigger when renko is on uptrend and hit the lower box border and similar scenario for sell signal.
the standard parameter are as bellow:
box size: 3.5$
take profit: 1000 pip
stop loss: 200 pip
the below overview is results of strategy on 1sec chart(normal candle) of Nasdaq index, with 1 contract and 0.5 $ commission per order during New york session.
in order to access scripts contact me directly.