: Forum Discussion re Pure Renko strategy

03/15/2020 at 2:00 PM #122169

Paul

it’s based on code what’s already used to determine performance.

Takes the last completed trade result from a long (green) or short (red) and plot’s it as 1 for a win and -1 for a loss.

Not sure yet if it could be usefull.

if (longperf>longperf[2]) then
previouslong=1
elsif (longperf<longperf[2]) then
previouslong=-1
else
previouslong=0
endif
if (shortperf>shortperf[2]) then
previousshort=1
elsif (shortperf<shortperf[2]) then
previousshort=-1
else
previousshort=0
endif

graph previouslong coloured(0,200,0) as  "long result  (1=win;-1=loss)"
graph previousshort coloured(200,0,0) as "short result (1=win;-1=loss)"

if (longperf>longperf[2]) then

previouslong=1

elsif (longperf<longperf[2]) then

previouslong=-1

else

previouslong=0

endif

if (shortperf>shortperf[2]) then

previousshort=1

elsif (shortperf<shortperf[2]) then

previousshort=-1

else

previousshort=0

endif

graph previouslong coloured(0,200,0) as "long result (1=win;-1=loss)"

graph previousshort coloured(200,0,0) as "short result (1=win;-1=loss)"

Paul

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