Stop is activated when Renko trend bars reverse

October 11th, 2019, 01:29 AM

Hello,

I have been looking for a trailing stop that activates
in a trend on a Renko chart, when the first bar to reverse happens

For example: Renko bars are moving up in a trend, on
the first down bar, the trade is exited.
The signal is just that it is a down bar.

Any help would be appreciated.

Thank you.

February 5th, 2020, 10:26 PM

Let us know when you find one. I wonder if a custom indicator needs to be written.

Stop is activated when Renko trend bars reverse

Discussion in ThinkOrSwim

Stop is activated when Renko trend bars reverse