Renko trading using proven strategy
{quote} You could place pending stop orders but the problem is that you don't know if the next brick will be long or short. Invisible wicks increase difficulty. Best it to wait for the FxBay MACD confirmation. {image}
{quote} Just to clarify, if there is a buy arrow on previous brick, the FX MACD must be immediatly positive at the new bar opening, or can we wait it turns from negative to positive during the bar? In this last case we will have some slippage from previous bar close. Thank you.
If you use the STG Renko Chart and the STG Renko Chart remote indicators you will often notice that when you open your chart in the morning there seems to be too few Renko bricks. This is because the STG Renko Chart did not update the remote chart. Although the correct price is shown on the remote chart and will keep updating properly the chart is incomplete. To solve this problem all you have to do is to update the chart by changing the size of bricks on the remote chart then put it back to the original brick size. The first chart shows my GBPAUD...
{quote} You told us a lot about your glorious winning trades. So tell us more about your losing trades, cause losing days are all I see when backtesting your strategy
