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Date/Time: Fri, 26 Apr 2024 16:15:02 +0000



Post From: Flex Renko High and Low

[2013-06-12 00:11:27]
rwilliams1 - Posts: 339
Hi, I am in the middle of having a programmer create a simple breakout alert of the previous bar high or low while using Flex Renko bars. This is accomplished by placing a pending order at either the previous bar high or the previous bar low (one or the other).

But for some reason, when using Flex Renko the pending orders will not set to the previous bar high or low when using Flex Renko. The code works fine when working with normal minute bars, so it is not a code problem. But whenever Flex Renko is used, the pending order is place at random places within the bar.

I'm hoping you can help provide some answers because this is a serious problem for me as breakout trading is my entire strategy. Placing an simple breakout alert based on a previous bar should be a fairly straightforward process. Any help you could provide is greatly appreciated!