Flex Renko Emulator Strategy by Zack_The_LegoThe author of the study is Zack_The_Lego but i made it into a strategy because its an awesome study by him.
Renkobars
[STRATEGY]Renko Emulator OCC v1 by JustUncleLThis "Strategy" project has been created by request.
*** EXPERIMENTAL ***
*** USE AT YOUR OWN RISK ***
Description:
Strategy based around Renko Bar Chart emulator (ATR) with direction change used to signal long/short trades.
I have generally found that setting the strategy ATR resolution to 3-5x that of the chart you are viewing tends to yield the good results, regardless of which chart time used. Positions get taken automatically following THE Renko Bar after a crossover.
The emulated Renko bars can optionally be draw on the chart.
