OPEN-SOURCE SCRIPT
Updated [STRATEGY][RS]The Illusion Strategy V0
EXPERIMENTAL:
WARNING: this strategy does not work!!
one of the fallacy's of backtesting, renko chars signals usually will give signals when price is allready out of range.
WARNING: this strategy does not work!!
one of the fallacy's of backtesting, renko chars signals usually will give signals when price is allready out of range.
Note
for reference this is what happens:![[STRATEGY][RS]The Truth Strategy V0](https://s3.tradingview.com/k/K6TiNz65_mid.png)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.