Disliked{quote} Thanks for reply. I used fixed TP=4 pips. Regarding graphical question if you mean you wrote that this is EA and not indicator then ok I thouht that it is possible to leave some marks even in EA. Please answer also to my question regarding Renko. Thank you.Ignored
About Renko. The biggest problem in Renko is to avoid the ranging parts. The BMA finds the bounces which leads to trending. So yes, it will be usefull for Renko users.
However there will be a difference which is on the minus page. The BMA strategy counts 5 bars after crossing on the Bollinger sideband. If there were no cross on the EMA50 within those 5 bars, then go find another trade. But using Renko those 5 bars can easily be contained in one or two Renko bars. This means that BMA gives a lot more signal using Renko. And I am not sure that this is healthy.
So Renko - don't know for sure. Try it and let your fellow traders know in a new post.
Read post #1 !! Then read it again 10 more times before you ask.
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