Hi, again, Nice to quote myself.
While strategy 1 above is a simple trend focused strategy, strategy 2 is designed for taking smaller pip profits through a range of simple entry and exit strategies.
I have used these manually at varying times with a degree of success but renko needs an EA to manage the limit entries required to trade it as suggested.
Any comments welcome, Steve I would appreciate your taking a look at these ideas.
rgds
Peter
While strategy 1 above is a simple trend focused strategy, strategy 2 is designed for taking smaller pip profits through a range of simple entry and exit strategies.
I have used these manually at varying times with a degree of success but renko needs an EA to manage the limit entries required to trade it as suggested.
Any comments welcome, Steve I would appreciate your taking a look at these ideas.
rgds
Peter
DislikedHi, while this renko idea may be a dog it has sparked a re-think by me into using renko. I had concluded that renko was best for scalping and had abandoned it.
Having had a re-think it is now obvious that its best use is in identifying trends and retracements. Seems obvious but I have eventually got there.
Therefore how can we use the simplicity of Renko combined with the amazing capability of Steves EA's.
Anyway I am suggesting two ideas could be considered for development.
The first idea is very ( I mean really) simple (no indicators...Ignored
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