Comment on Introducing Streak - Algo trade without coding

Streak commented on 29 Apr 2019, 06:30 PM

Hi Samarth
All the signals are generated only after the close of the candles on the streak which is true also for Renko charts. Generating signals, only when the candle closes is essential to avoid repainting issue that is common with Renko charts.

It will also not be possible to backtest and verify the results on the charts if the signals are generated when the Renko chart is getting repainted. All the delivered notifications for trades are are verifyable on the charts. If notifications are sent during repainting, there would be a lot of confusion regarding the validity of the signal and we will not be able to show the signal on the chart. It is recommended to build strategies that do not rely on repainting.

For further details or queries, kindly write to us at [email protected]

View the full comment thread »