Inconclusive · Exits · before 2026-09-26 (committed 2026-09-30)
Exit on the first red Renko brick instead of fixed targets?
What this means
The Renko-trend exit produced 932 trades with a 48% win rate and a small positive median profit. There was no baseline run on the same stocks and timeframes, the timeframes were mixed, and the figures are headline scrapes. Nothing can be concluded about whether it beats the fixed bracket.
The explanation is our best reading; the data shows the result but not the cause directly.
By timeframe
| Timeframe | Verdict | n | Result |
|---|---|---|---|
| 15-minute | Not tested: not tested yet: Renko strategy never run on 15m (low priority) (see tradingview_runs.md) | ||
| 1-hour | Not tested: not tested yet: Renko strategy never run on 1h (low priority) (see tradingview_runs.md) | ||
| 4-hour | Not tested: not tested yet: Renko strategy never run on 4h (low priority) (see tradingview_runs.md) | ||
| Daily | Inconclusive | 932 | 932 trades, 48.2% win, no baseline |
- Hypothesis
- A Renko-trend exit improves on the fixed bracket.
- Method
- TradingView headline scrape of a Harmonic + Renko trend strategy on 125 instruments at their alert timeframes (mostly 1W/1D); period not recorded. Plus 10 hand-picked tickers.
- Result
- 932 trades, pooled win 48.2%, median instrument PnL +1.02%, 95 of 122 profitable. No same-sample baseline.
- How much to trust it
- Low: no baseline; mixed timeframes; headline scrape
- Did it change the live rule?
- not adopted
Scripts and data for this study will be linked here when the research code is published on GitHub.
Education and research only. Not financial advice. Backtests use today's index members (survivorship bias).