Doc/Jazz
How can you test visually with 10 pip Renko blocks?
After a block forms and until the next one forms all you know is that price is somewhere in a 30 pip range (not more than 10 pips from the top or 10 pips from the bottom). How does that work with a 5 pip TP 10 pip SL? Anything could have happened within that 30 pip range
Also isn't the price used to decide whether to draw a block based on sampling the underlying price say every 1 minute which would mean you miss movement between samples?
How can you test visually with 10 pip Renko blocks?
After a block forms and until the next one forms all you know is that price is somewhere in a 30 pip range (not more than 10 pips from the top or 10 pips from the bottom). How does that work with a 5 pip TP 10 pip SL? Anything could have happened within that 30 pip range
Also isn't the price used to decide whether to draw a block based on sampling the underlying price say every 1 minute which would mean you miss movement between samples?