Streak - Not able to use Renko for Options

@Streak
Good evening,

In Streak strategy creations, if we go into advanced mode, Renko is not coming.

Can we create strategy to trade Options using Renko chart? if so, pls help…

Hi,

Renko is current only available in basic create, we are working on adding Renko in advanced create, as Renko formation is tricky and messy, especially with the multi-timeframe becomes super complicated, also strategy verification is very complicated too, that is why it is taking time.

Regards

ok… Thank you for the clarification…

Hi @Streak,
Any updates on this feature to use renko for options. Is this mentioned in the subscription page that renko “cannot” be used with FNO? Because for this reason i subscribed ultimate and i am totally disappointed.

Hi @arulkn,

Apologies for the delay. However, please note Renko is still unavailable on the Advance create page. Advanced mode is created with so much complexity, that the team wants to be 100% sure that Renko would work as expected with all this complexity. Over and over they have found flaws in creating perfect Renko where the condition validates without any look-ahead bias, and the candle overlap is perfect in live alert when compared to backtests. The team is close to developing a new innovative way and it is in pipeline, we should see the feature with future updates.

You create strategies with Futures contract on Renko in the basic mode. However, it is not possible only for Options. Morever, all users get a free trial when they login to the platform first time so that they can explore the platform and subscribe. We have mentioned it on our FAQ page as well. You can click on the following link to directly refer to that part. FAQs - Streak Help