malk

BTCUSD 15M Renko style trading with Stoch RSI

Education
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.

Comments

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.
Reply
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.
Reply
@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.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out