Getting some promising results on backtesting using Renko candles with our 'Ninja Signals'
buy and sell alerts script and wanted to share the idea with the TradingView community. Some traders prefer traditional candles, some prefer Heikin-Ashi candles, while others are currently testing Renko candles to find the most profitable configuration. There's so many styles of trading available with this script, the possibilities are truly numerous, especially if you take into consideration adjustable variables such as stop loss, minimum profit per trade, RSI
< 70 buy filtering, downtrend buy filtering, pyramid buying, and other options. You can check out the 'Ninja Signals' buy/sell alerts TradingView script and backtesting strategy at the links below. Comments, questions, and feedback are encouraged and appreciated. Best wishes and happy trading everyone!
'Ninja Signals' v1.0 (SCRIPT)
'Ninja Signals' v1.0 (STRATEGY)
'Ninja Signals' v2.0 (SCRIPT)
'Ninja Signals' v2.0 (STRATEGY)
Vires in Numeris