Melbourne, VIC, Australia
Legendary Wicked Trader
Experience: Intermediate
Platform: NinjaTrader
Trading: SPI
Frequency: Every few days
Duration: Days
Posts: 791 since Dec 2010
Thanks Given: 2,019
Thanks Received: 3,181
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@cskafan123,
I can suggest to try and test successfully the strategy on time bars first (or ticks) as Renko is behaving badly when it comes to trading live.
Results on testing will usually "improve" with the increase of the size of Renko bar.
Sometimes to change the filter (MA) may help to get better results.
You can try to test all possible timeframes and chart styles to compare results.
Some indicators like Stochastic, Williams%R and RSI may be of help to pinpoint the cycle and confirm change of direction.
Cheers!
When nothing goes right... go left |
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