The bot opens a deal every time a Renko bar is opened in the direction of the closing price, if the closing price was higher than the opening for the first time, then purchase and vice versa.
The Bot also provides a huge number of settings for managing: 1) Session time 2) Position management, including breakeven. 3) Money Management 4) Setting up a dynamic order etc
In the NinjaTrader8 trading terminal, using standard functions, we import the purchased archive through the tools to import the addon. Next, add a new strategy in the strategy tab and click ok.
Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.