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Script Renko reversal bar for dual role as reversal and also as a continuation bar.
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Script Renko reversal bar for dual role as reversal and also as a continuation bar.

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Script Renko reversal bar for dual role as reversal and also as a continuation bar.

I am using Smart Renko bars, I get a premature exit when there is a pullback and should have remained either long or short. The bar sizes are 5 tick continuation and 10 tick reversal. Is there a way to script the upbar to stay short in a downtrend and the downbar to stay long in an uptrend. I have tried assigning trend,, moving averages but that did not work out. I realize its a reversal bar but it needs to have a dual role. Any Suggestions?
@bobwest, @cory

Last edited by baumer; February 21st, 2017 at 11:39 AM.
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