TRADING STRATEGY BASED ON ZBOX ON TRADINGVIEW
ALL SIGNALS ARE TO BE BASED ON CLOSING PRICE OF THE SIGNAL RENKO BRICK.
Indicators to be used are invitation only indicators (Zline and Zcloud) on Tradingview.
ENTRY CONDITIONS (All three conditions must be met):
(1)	Zline (in black colour) must point in the direction of the trade (Up for buy, down for sell and flat for no trade) 
(2)	Zcloud (blue for buy and red for sell) must match Zline direction.
(3)	Enter trade with limit order based on closing price of signal bar.

EXIT CONDITIONS (Whichever occurs first of the two conditions below): 
(1)	Zline turns to the direction opposite the open trade (not flat but opposite). Close with a limit order based on closing price of the signal renko brick.
(2)	Trailing stop set one brick size above or below ZMA/Zcloud. The trailing should be set in fractions of the renko brick size to allow for ease of calculation e.g., starting from 50% to 500% i.e., ½ of renko brick size to 5 renko brick sizes from current renko brick.
The above two conditions will apply to profitable trades.
However, for losing trades, close simultaneously with opening of new trade in opposite direction of the losing trade. 
EXECUTION:
A Tradingview script is required to automatically create these signals (Buy or sell, with closing price) when they occur and transmit them from Tradingview to MT5 via an MT5 EA. The trades are to be executed on MT5 accounts within one second of being created on Trdaingview.
The limit price should be the Tradingview price plus the relevant broker’s spread, to ensure that entry is achieved.