First of all some useful info... You can use the new candle alarm indie, which can be found anywhere with a search, on renko charts and it will give an alert each time a new renko bar forms. Very useful even if you don't mind constantly watching charts.
My next idea is a bit experimental. Does anyone see any advantage to using renko brick sizes that relate to, say, 20 or 25% ATR for each pair? It would seem to make sense to vary the brick size in relation to the volatility of the pair but I'm only just starting to think this through, maybe you already have some ideas along these lines?
My next idea is a bit experimental. Does anyone see any advantage to using renko brick sizes that relate to, say, 20 or 25% ATR for each pair? It would seem to make sense to vary the brick size in relation to the volatility of the pair but I'm only just starting to think this through, maybe you already have some ideas along these lines?
