Renko Conditional

gomi111

New member
ToS doesnt allow conditional orders according to renko charts. Renko charts could take hours to fill one bar so I would like to set some conditional orders once my indicators set a signal that will follow the current price then buy once a bar is printed in the opposite direction. Then a conditional sell order to sell once it finishes the run and prints a bar in the opposite direction. Something like -

def renkoBlock = .00055 (number of ticks per block)
def renkoPrice = 1.00342 (change when order is placed according to previous bar close)

renkoPrice + renkoBlock (if price continues to go down in .00055 increments)
buy if current price = renkoPrice + renkoBlock * 2 (imitating the close of first green renko block)

Then im guessing something similar for the conditional sell order. I would like to set the buy and sell at the same time. Please let me know if this isnt possible. Thanks!

15127[/ATTACH]']
vXdftio.png


Is it also possible to buy long/short during a certain time frame (example: 0830 - 1100) and set the sell to trigger at the first reverse bar without a time frame?
 

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Solution
ToS doesnt allow conditional orders according to renko charts. Renko charts could take hours to fill one bar so I would like to set some conditional orders once my indicators set a signal that will follow the current price then buy once a bar is printed in the opposite direction. Then a conditional sell order to sell once it finishes the run and prints a bar in the opposite direction. Something like -

def renkoBlock = .00055 (number of ticks per block)
def renkoPrice = 1.00342 (change when order is placed according to previous bar close)

renkoPrice + renkoBlock (if price continues to go down in .00055 increments)
buy if current price = renkoPrice + renkoBlock * 2 (imitating the close of first green renko block)

Then im...
ToS doesnt allow conditional orders according to renko charts. Renko charts could take hours to fill one bar so I would like to set some conditional orders once my indicators set a signal that will follow the current price then buy once a bar is printed in the opposite direction. Then a conditional sell order to sell once it finishes the run and prints a bar in the opposite direction. Something like -

def renkoBlock = .00055 (number of ticks per block)
def renkoPrice = 1.00342 (change when order is placed according to previous bar close)

renkoPrice + renkoBlock (if price continues to go down in .00055 increments)
buy if current price = renkoPrice + renkoBlock * 2 (imitating the close of first green renko block)

Then im guessing something similar for the conditional sell order. I would like to set the buy and sell at the same time. Please let me know if this isnt possible. Thanks!

15436[/ATTACH]']
vXdftio.png


Is it also possible to buy long/short during a certain time frame (example: 0830 - 1100) and set the sell to trigger at the first reverse bar without a time frame?
This is not possible.
ToS platform does not provide for conditional orders according to renko charts
 

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