Renko Flip vs Regular --smoothing needed

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traderduke
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Joined: Mon Nov 28, 2011 7:30 pm
Location: East Coast USA

Renko Flip vs Regular --smoothing needed

Post by traderduke »

Hi Tommaso
Can You Help me smooth out a Renko chart builder script. I have seen a "flip Renko" that smooths but no help their I don't have the source file. The Flip smooths out the renko but the reversal is a killer which always doubles the reversal loss.

I'm sending both the script renko which can be used for back & forward testing and the ''Flip Renko".

The attached picture is a "flip renko" & "Adjustable Renko". Both created by the Flip renko indicator, as you can see the flip has half of the candles used by the regular set up, averaging ??????


Thank you, I appreciate any help

Ray
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