malk
Education

BTCUSD 15M Renko style trading with Stoch RSI

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Didn't actively trade this but shows clearly how nice the Renko style is in identifying trend changes.
Amazing scalps are possible with scripts and bots.
I'm not sure if you are implying that you can use Renko with bots, but it really doesn't work the way you'd think.
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malk djporter
@djporter, I only just found out about Renko style charting and decided to see how combining it with RSI would play out.
Is there something that I am missing, please tell me as I am sure there is more to learn.
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@malk, Renko is just not appropriate for bots. The calculations for them will give off many false signals. ie bad trades that do not match up to backtesting results.
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