@tonimontana1332 that is a very difficult one to answer in this space as there are many variables that can go into that question and the subsequent answer. Normally I would look to get hard statistical evidence to back up my strategy and optimise around this (without back fitting). I do have some more videos coming soon that sort of relate to your question so watch this space. Regards Stephen
Hi @Ashokteli-cy7zy. The answers are all in the Renko playlist: ruclips.net/p/PL_eLsmvxVV0c1KvxuEhTG5MDs3gwfIYpl but for intradaytrading Im far more aggressive on the block sizes making them smaller for more price action. I look at the price volatility of that market and build a block size that reflects what I want to get out of that market re signals on a daily basis according to the strategy. Regards Stephen
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The moving average works so well. I use the EMA and it's perfect. Thank you Stephen for all those stop possibilities.
Glad it was helpful @martindurand7393! The moving average is highly effective I definitely agree. Regards Stephen
Last few weeks im using 5sec renko ,Play very well, thanks for Your great wiek!
Great to hear @jacentpaceenttystonebridge6434 and you are very welcome. Good luck with the trading. Regards Stephen
Thank you, Stephen. I started using automated trailing stop 2.5 brick size. But I only tested once for scalping any suggestions?
@tonimontana1332 that is a very difficult one to answer in this space as there are many variables that can go into that question and the subsequent answer. Normally I would look to get hard statistical evidence to back up my strategy and optimise around this (without back fitting). I do have some more videos coming soon that sort of relate to your question so watch this space. Regards Stephen
❤Thank you Stephen
No problem @mariamkawaja4724 you are welcome. Regards Stephen
@TheStopHunter how calculate the bricks size in intraday , swing , postion .
Hi @Ashokteli-cy7zy. The answers are all in the Renko playlist: ruclips.net/p/PL_eLsmvxVV0c1KvxuEhTG5MDs3gwfIYpl but for intradaytrading Im far more aggressive on the block sizes making them smaller for more price action. I look at the price volatility of that market and build a block size that reflects what I want to get out of that market re signals on a daily basis according to the strategy. Regards Stephen
Thank you Stephen 💥 👌🏻
No problem 👍