Hi, Need pi ea coding for below strategy
Renko RSI Input for Strategy
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Renko with 1 min time frame without repainting (Traditional or ATR or % Basis)
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RSI with Default Parameter i.e. 14 period with separated by values of 55 and 45
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Buy Signal will be generated after closure of 2 Green Bricks above RSI of 55 and Sell Signal will be generated after closure of 2 Red Bricks below RSI of 45
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Default SL will be 2 red bricks closure below RSI of 45 for long and above 2 green Bricks above 55
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Book profits can be placed and 3 to 5 bricks or RSI of 75 to 80 or pecentage of movement or Intraday Sq off time
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For positional Futures the same can be executed as Stop and Reverse means we will exit current position and add reverse position (" It actually better with this kind)
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whipsaws will be traded with rules wihout any bias (can’t avoid)