Samurai RENKO

Samurai buy / sell signals - for RENKO candles only.

To add indicator:
1. Pick your chart / pairs
2. Indicators > invite-only scripts
3. Samurai RENKO
4. Set candle type to RENKO
5. Format candles after your liking, ATR & ATR length / Traditional % Box size, time frame.
(if your chart disappears entirely, it's probably because you have to set the above option to ATR)

Settings:
1. Press "format" button on indicator (small cog wheel)
2. Set "Sub Filter %" to an amount (0-100) where the worst buy positions disappear.
3. Adjust "Fiddle Setting" A and B until you're happy with the majority of the buy positions.
4. Adjust "Main Filter %" and "Sub Filter %" to see, if they can filter out additional bad positions.
5. If you don't get good positions, you might want to change pairs or candle / timeframe settings.
(every coin behaves very differently, as do different candles and timeframes.

Usage:
- Use AutoView Chrome extension with Binance, Bitmex, etc., to auto trade.
- Use SMS, e-mail or pop up message alerts, for manually trading.

Strategy suggestions:
- Use somewhat loose settings, and buy a small amount on buy signal, sell all on sell signal. This way, you DCA (dollar cost average), if the indicator picks up a false bottom and keep falling.
- Buy on buy signal, and use either trailing take profit or set profit %.
- Set up the indicator with tight settings - e.g. very few but quality buys, and hold your positions longer, for more profit %. Beware of false bottoms.

Disclaimer:
- I take no responsibility for the usage of the Samurai RENKO indicator.
- Beware of false bottoms. Use DCA and/or stoploss to reduce losses.
- Use the BUY signals cautiously. You might get a great buy only to miss out on profits because the indicator didn't signal SELL.
- As mentioned earlier, you might have a hard time finding the "sweet spot" sometimes.

For a free trial message me directly here, or send a message to:
[e-mail]