Chapter 1: Auto Entry Modes

Trend Detection Mode

1. Auto Entry: Activated by Renacie’s built-in signals (TrendCe Indicator).

2. Auto Entry: Activated when the TrendCe indicator changes color.

3. Auto Entry: Activated when both the TrendCe signal and color change simultaneously.

4. Auto Entry: Activated when TrendCe's defined threshold is met.
   
   Each entry serves as an add-on for scaling into positions during trending markets.
   
   

   

2. Candlestick Entry Mode

We utilize candlestick chart patterns as our entry logic:

• Marubozu: Enter when the bar is strongly bullish or bearish, with almost no wick.

• Hammer / Shooting Star: Enter when the bar has a small body and large wick.

• Standard Candle: Enter when the body makes up a significant portion of the total range, based on the body-to-range ratio.

3. Mean Reversion Mode

During consolidation markets, trades are executed based on Bollinger Bands and the Relative Strength Index to identify overbought and oversold conditions.

When reversion trading mode is enabled, the strategy checks if the bar extends beyond the Bollinger Band’s upper or lower boundary and places trades in the opposite direction, in alignment with Renacie's signals.