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Stop is activated when Renko trend bars reverse


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Stop is activated when Renko trend bars reverse

  #1 (permalink)
 keifer 
San Francisco California USA
 
Experience: Beginner
Platform: ThinkorSwim
Broker: ThinkorSwim
Trading: RTY
Posts: 4 since May 2013
Thanks Given: 7
Thanks Received: 1

Hello,

I have been looking for a trailing stop that activates
in a trend on a Renko chart, when the first bar to reverse happens

For example: Renko bars are moving up in a trend, on
the first down bar, the trade is exited.
The signal is just that it is a down bar.

Any help would be appreciated.

Thank you.

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  #2 (permalink)
Byculla
Beaverton or.
 
Posts: 3 since Sep 2018
Thanks Given: 2
Thanks Received: 0

Let us know when you find one. I wonder if a custom indicator needs to be written.

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