I've just updated couple of the pics. Hope it helps RULES FOR ENTRY

Predict breakouts & trend reversals using macd/bb%

just use the default indicator or you can merge them both together

Predict breakouts & trend reversals using macd/bb%

I generally like to target 50% retracments, or split my possition and let the second one ride. Sl I set above or below the high or low of the break based on the Renko not the candle stick price chart.

Predict breakouts & trend reversals using macd/bb%

All my indicators are in designated folder as per strategy so any shared template won't work on your setup due to the indicator address not being the same

Predict breakouts & trend reversals using macd/bb%

This has no relevance to this post or my strategy ?

Predict breakouts & trend reversals using macd/bb%

lol yes buddy I did have a VW Bus T25 url

Predict breakouts & trend reversals using macd/bb%

i don't use bollinger bands or bb% with renko your better off using macD but other than that from what I can see it looks ok

Predict breakouts & trend reversals using macd/bb%

Try splitting your orders into 2 & letting the second ride. If You bring your stops up to break even on the second trade once 50% target is hit on the first you'll be locked in to a risk free trade.

Predict breakouts & trend reversals using macd/bb%

Posted this on Tradingview last night a perfect example of predicating Trend reversals url

Predict breakouts & trend reversals using macd/bb%

I can't supple the template but you can get the mean renko for this guy url

Predict breakouts & trend reversals using macd/bb%

Once you train your eye and know what to look for yes simply switch out the Bollinger bands & keep your charts clean. You can have to much info on the chart. I find less is more, BB% on the Renko is to messy & will paint to many fake signals keep it ...

Predict breakouts & trend reversals using macd/bb%

the only divergence you need to identify is that relative to the bollinger band Outside - Inside = Reversal image

Predict breakouts & trend reversals using macd/bb%

I think your missing the something, the objective of the strategy is to Identify the breakout / reversal following divergence not the divergence it's self by drawing a simple trend line image

Predict breakouts & trend reversals using macd/bb%

Jumped down to 50 and you can now clearly see the divergence

Predict breakouts & trend reversals using macd/bb%

Divergence isn't always possible to identify but the rules are still the same UJ trend break image But I always refure back to a price chart for added conformation image As you can see the Renko is the leading indicator

Predict breakouts & trend reversals using macd/bb%

Looks good to identify divergence but doesn't look smooth enough to draw in the break out trend line. Maybe your just using tighter variables as compared to mine ? But if it works ...it cant be wrong image

Predict breakouts & trend reversals using macd/bb%

Super trend

Predict breakouts & trend reversals using macd/bb%

It the same one I posted up top & brick size I Use Mean Renko settings between 25 & 100, I think 100 = 10pips

Predict breakouts & trend reversals using macd/bb%

Like to add, you can also use this set up to keep you in a trade following a break out image

Predict breakouts & trend reversals using macd/bb%

I did have this strategy for sale until my website was repeatedly hacked to obtain it. All you really need is this my own modded version & apply it to a renko chart file

Predict breakouts & trend reversals using macd/bb%