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Date/Time: Sat, 04 May 2024 04:02:10 +0000



Post From: Auto enter/exit when Renko bar changes color

[2019-01-16 18:36:29]
User871277 - Posts: 34
Above seems not to apply to Renko.

Using spreadsheet all the Renko studies seem not to work, one f.e. gives on fast building Renkos only every second line a value.

As described here
Renko Bar Charts: Renko New Bar Mode
ID0.SG22 and ID0.SG23 are Renko open and Renko close.

The mentioned values by tomgilb would form the wicks (substracted by the two values below).

Spreadsheet for trading unfotunatly can't access ID0.SG22 and ID0.SG23

Good Workaround is to use twice alert system Bar Color / Backroundcolor Study.
Set Alert for Renko changing from Green to Red the following formula: AND(ID0.SG22<ID0.SG23[-1])
and from red too green the opposite: AND(ID0.SG22>ID0.SG23[-1])

Set the option "Alert only on bar close"

That will give you either a 1 or a 0 on the spreadsheet.

Trading that alone will make you poor.
Date Time Of Last Edit: 2019-01-16 18:37:53