backtesting Renko bars gives wrong information....
there are a few which back test accurately, but you need to really understand the Renko type, as what it displays is not always
accurate.
The following user says Thank You to spinch for this post:
do you send your money to Turkey, and get the strategy or do they send you the strategy and you send your money......what happens if they dont send you the strategy after you send your money.......its Turkey.....just a thought....and yes...when someone uses Renko the two charts I looked at were both Renko...not a great bar to be backtesting with.....unless you put the slippage as the size of the bar....if you notice on some of the charts they show you the buy/sell prices...the buy on a long is at the bottom of the next bar.....the actual price is at the top of the bar...you will never buy at the bottom of the bar....the price is not there....this is a bug in NT8 when working with Renko bars.....so slippage has to be the size of the bar......before you can determine if there is any profit in the strategy......
The following user says Thank You to loantelligence for this post:
