Originally Posted By: GlennR
Empty your piggy bank & send it to the broker! wink


But, have you also noticed that the win rate of the strategy is only 28%? It's not that it's flawless, it's just that the wins are more than enough to cover for all the losses and then some. Yes, it's a trend following strategy. The simplest you could imagine, anybody can code it in a few minutes.

What if renko's are uncovering the truth behind candlesticks, which hide it pretty well all the time? What if I really need to empty the piggy bank? wink

It seems to me that 99% of traders/investors are trading with the candlesticks, and what do we usually say about following the herd? This fact, and some inherent positive capabilities of various other charting methods, is what wildly attracts me to them. I might stumble on some road blocks during the way, but I'm not giving up until I hit the wall. grin