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Date/Time: Sat, 18 May 2024 13:54:21 +0000



Post From: How get Audio Alert on Renko chart?

[2020-04-09 10:43:00]
rainbow47 - Posts: 68
Agreed Ackin. Don't worry, I won't go live with this study and just trade it. I am trading markets manually for 20 years and have my approach to it. But I am new to SC and all the technical elements around it. Therefore I will start with something simple first and see how I do this in SC. From what I learn during the process and I can build hopefully more sophisticated studies in the future.

For now I just want to find a way in SC to have a Renko trading system which goes long when at least 2 upbricks appear after a downtrend of 2 bricks or more and goes short when 2 downbricks appear after an uptrend of 2 bricks or more. In a peferct world the number of up/downticks to trigger the trade could be modified.

I am struggling to find out if I could do this with your "Renko Change trend" study which you published or if it would require a more enhanced study with more parameters (eg. set the trigger point manually)?