Thank you TJ, unfortunately the signal that I use is a paid for/protected code signal. One that I purchased after much research.
It works supremely well on Candles, Heikin Ashi, OHLC Bars.
However on symbols SSO and also SDS (the inverse of SSO) using:
Renko (box size 0.01 fixed price, 1 day resolution, close, phantom bars checked, sessions set to default, and auto-trading set to broker IB TIF (time in force) set to OIC (?)
I get with renko vastly superior profits in back test but when running live trades in my IB paper (not my cash account). I end up with vast amounts of signal buy orders within 1-2 minutes.
I do not have problems with Candles, Heikin Ashi, OHLC Bars using 1 day resolution BUT profits are 40-60% less then renko bricks.
Jeff
Forget about using this strategy with Renko bar.
If the strategy is not written for Renko, it is not for Renko.
Please read my previous post again... and understand what I said.
Did your vendor say that the strategy works consistently profitably with Renko?
Did he give you a set of vouched test results?
Do you have a logic diagram of this strategy?
If you do not have problems with Candles, Heikin Ashi, OHLC Bars,
and they worked supremely well for you,
then why don't you enjoy those profits?
Forget about the superior paper profits.
We have all been there.
Backtest is not real; it is an approximation.
If you want good backtest results, you have to first understand the backtest mechanics -- if the backtest is NOT a tick-by-tick playback, it will never duplicate real world results. If you do not have the source code, then the only reliable test you can do is a real time test.