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I am intersted in setting up Renko charts for Ninjatrader 7 to be used togeter with 610 tick charts whne trading the ES (Emini). Does anyone know how to do this or where to obtain the indicators?
Can you help answer these questions from other members on NexusFi?
Yes, thank you. I tried them today for the first time and they appear to be very nice!
A little lagging for futures but clearly helping for staying with the trend.
First time trying to teach the way I trade the ES. I have been trading the ES for almost 10 years now, full time from 02-07, then started another business and then traded it part time up to now. Years ago I could hardly see the price bars under …
Thanks Cory. This looks interesting but I am pretty set with a 610 tick chart stratergy. I recently came across Renko charts and wanted to check them out. How are you finding them to work for you as they seem lagging for real time quick decisions for the ES. If you have something thatis working I am willing to share ideas. Thanks.
my idea as I already mention it somewhere else, chart is full of noises trying to fool people going into wrong direction, renko automatically filters out the noise and left us with true movement (did I mention, it is just my own idea?). Then you can apply TA tool to true levels and get true extension/retrace.
If you want a Renko chart that is smoother try the RenkoHybrid from Innovative Trading Solutions as this is better than what Ninja provides and this developer made this for Ninja. What indicators are you using with Renko charts and are you using 2 tick for the ES?
I tried renkohybrid but I prefer the look of better renko+ better brick more. On ninja hit f9 to activate fib expansion tool, look for retrace at 100% 200% 300%. Here are settings for diff contracts.
