Translation of a Renko strategy into MarketScope

[SmithGasset]

Hi,

I would like to have the attached strategy translated into Marketscope code, it has proven to be a really profitable strategy.

PD: The strategy should use the attached renko view.

[Apprentice]

Can you provide the rules used by the strategy?
Your request is added to the development list under Id Number 4181

[SmithGasset]

Entry Criteria:

Buy after the brick color changes from red to green and 2 consecutive green bricks have formed and closed.
Our entry will be at the i.e. open of the third green brick.

Sell after the brick color changes from green to red and 2 consecutive red bricks have formed and closed.
Our entry will be at the i.e. open of the third red brick.

Filter:

As a filter we use 21EMA and 50EMA.
If the prices are above the EMAs we take only buy trades.
If the prices are below the EMAs we take only sell trades.

Exit Criteria:

1.When a brick of the opposite color is formed.
OR
2. Trail the trade as more number of bricks are formed until your trailing stop loss takes you out!.

[Phamilton630]

isnt that a proprietary EA?

[SmithGasset]

No, it isn't. It is free to download at the Fore Factory forums.

[Apprentice]

Try this version.
viewtopic.php?f=31&t=66270

[SmithGasset]

Hi, thank you for the strategy.

This doesn't seem to include the MA filter