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I tried to test HugoHurley with 1 year of CL tick data, based on the data you provided in the download area. Everything is fine for 1 min chart, but the Renkos are only shown for the last days of the timeseries.
Beta 3 fixed the error I reported to them. If you are running beta 3 and still getting this error, I'm not sure what to say. Did you force a reload of the data? (Ctrl-R on chart), and also did you clear cache in QuoteManager on that instrument?
I tried everything - no luck so far.
As an alternative I think of coding an indicator which shows Renko price action - just an idea because I think it should not be that much effort and would make us indipendent of MCs beta progress...
Do you know of any existing indicator which does this (or something similar)?
Do you have the problem with IQfeed or Zen Fire? Or only ASCII mapping? I would use MC live chat support to resolve this.
If you are referring to an indicator that plots HH+HL etc then no I am not aware of one, you'd have to convert an existing NT one. But I dont think such an indicator is very useful for strategies (it is too slow). I'd rather see you fix the Renko problem above by contacting MC support.
It's with both data feeds: Zen and ASCII, I have tried different instruments, time zones etc. - same problem.
Regarding MC live chat: Can it be used by non customers, too? I have learned that the MC forum is only available for customers who have bought a license. I am still in trial mode to see if MC will give enough advantages to me compared to Ninja...
Regarding Renko indicator: Why do you think it might be too slow? I am thinking of an indicator which draws Renko bricks on top of the actual chart in real time - there will be no additional time lag compared to a native Renko chart thus it would have the same speed (perhaps we have a misunderstanding: Were you taliking about a HH/HL indicator like ZigZag/Swing/1-2-3 indicators?)
Yes you can still use live chat as a demo customer.
For second part, yes, I thought you said price action indicator so I was thinking HH+HL etc. If you just mean drawing Renko on top of chart, yes I misunderstood.
Why on God's green earth is it so difficult for these platforms to simply follow the algo instructions and execute a trade based on satisfied conditions regardless what type of chart is used in a backtest. I really feel badly for you having to jump through all these hoops (like overlaying a time chart on a Renko) to accomplish something that shouldn't be too difficult natively.
The only reason I can think of at this point is there is no integrity to the historical tick database these platform vendors use and, as a result, the backtests have no resemblance to reality. What do you think?
good questions... ;-)
I see it from a quite pragmatic point of view: 99% of all traders use time/volume/tick based charts (me, too) and thus the software manufacturers do not focus on exotic chart types like Renko. I can understand that.
On the other hand MC seems to have an open ear to their user's feedback - let's see if they fix this bug. From my point of view it seems to be no big deal.
As an active trading system developer I am interested in and get used to develop systems from scratch. This includes programming of indicators or strategies etc. If the platform is robust and stable that's fine for me.
I can definitely say that MC is still very stable and robust and feels much more responsive and "snappy" comparted to Ninja - but that might a very subjective point of view after one week of working with the product.
I think you made the right choice.