POLONIEX:ETCBTC   Ethereum Classic / Bitcoin
Long on ema and macd . Sell on the first red renko brick.
Short on ema and macd . Buy on the first green renko brick.
Hi there, how can I obtain this indicator? thank you.
+2 Balas
hi thanks for sharing
what is EMA period ?EMA 50 ?144?100?
thanks alot
Balas
ookla1977 fxvjtrader
@fxvjtrader, hi there, 30 ema
Balas
Love renko but take note that this particular setting is not accurate. A daily brick/block is way too long of a period of close time for the fixed settings you have. For example, look at 5-24 date. There were 30 blocks made in one day and they would not finalize until close so if you made a trade based on the pink/incomplete blocks that print in between, it could change (or repaint as they say). The most accuracy I've gotten that was actually tradable was between 50-65% on intraday and up to 90% (very rare) on longer term but you have to use large bricks and low time frame so the blocks actually come to a close (or completely print).
+1 Balas
ookla1977 gghsusa
@gghsusa, Sure, I notices that after get intraday renko. Now I have another setup using Ichimoku and renko. I'll share here. Do you set the size manually for crypto? Like 50000 satoshis? Thanks for your comment.
Balas
ookla1977 ookla1977
@ookla1977, renko + ichimoku:
Balas
ookla1977 gghsusa
@gghsusa, I still don't get how to use renko and timeframes. If I set D on the chart, renko have to wait that period finishes to produce (or not) a new brick?
Balas
@ookla1977, go into properties, adjust the ATR to Traditional and enter a “set amount” in pips that you want each box to represent (10...15...20 pips per brick...etc). Then, set you time frame to the 1 minute chart and bingo!
Balas
virockcity340 virockcity340
@ookla1977 having it set in daily does nothing but makes it look pretty for post-data. Won’t do so well in a live market. Use a 1 minute timeframe and set your boxes yourself to desired pip amount
Balas
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