This is a modification of MOVINGAVG CROSS with different inputs of bar lengths that work with a great average percentage with not much drawdown. I ran the strategy tester with GBPUSD on 1 hour time frame.
This is a simple strategy to use for those who like Renko bars. I ONLY use it on Renko.
Basic idea is that when the Renko bar closes above or below the 22 EMA, you go long or short.
However, some of the frustrations I've had with any strategy shared in Tradingview is so few folks put in the ability to set a stop or a profit target or the ability to set a...
This strategy work good with long term ?
but only can check this in 9 month's
i am still working to see if it really works on 10 year data ( actually i still do not know how to do that in this site any idea ?)
and increase the trade number