NexusFi: Find Your Edge


Home Menu

 





Problem with BetterRenko with gold futures


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one cory with 3 posts (3 thanks)
    2. looks_two Cheech with 2 posts (1 thanks)
    3. looks_3 Big Mike with 2 posts (0 thanks)
    4. looks_4 mongoose with 1 posts (0 thanks)
    1. trending_up 2,192 views
    2. thumb_up 5 thanks given
    3. group 4 followers
    1. forum 9 posts
    2. attach_file 6 attachments




 
Search this Thread

Problem with BetterRenko with gold futures

  #1 (permalink)
 Cheech 
Mesa, AZ/USA
 
Experience: Intermediate
Platform: NinjaTrader, ThinkorSwim
Broker: AMP Futures/CQG, TDA
Trading: Currency Futures, my Harley Davidson
Posts: 107 since Jun 2012
Thanks Given: 43
Thanks Received: 133

I recently started testing using BetterRenko and BetterBricks (with Futures) and so far I think there is potential for this chart style. However, I've come across a problem with the gold futures and am wondering if anyone else has either encountered a similar problem or can offer some suggestions on what might be going on. I originally thought that the problem might have something to do with the price of gold (in thousands of dollars) because I do not have any problems with other futures instruments so I tried using silver which is also priced in thousands and it plotted fine.

I've attached 2 charts, the first is a chart using Ninja supplied Renko and the second is the BetterRenko. The chart was created from scratch using a template which created the BetterRenko chart with the BetterBricks chart type. The only thing I did to create the Ninja Renko chart was to change the Period Type in the Data Series. Every think else is exactly the same.

I use the CQG data feed from AMP futures and am running the latest release of Ninja as of this date. BetterRenko and BetterBricks was downloaded from the Download section and I don't know if those are the most current releases.

Any suggestions are appreciated.

Attached Thumbnails
Click image for larger version

Name:	GC NT Renko.jpg
Views:	223
Size:	105.3 KB
ID:	83551   Click image for larger version

Name:	GC NT BetterRenko.jpg
Views:	210
Size:	101.8 KB
ID:	83552  
Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
About a successful futures trader who didnt know anythin …
Psychology and Money Management
MC PL editor upgrade
MultiCharts
REcommedations for programming help
Sierra Chart
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
  #2 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,467 since Jun 2009
Thanks Given: 33,244
Thanks Received: 101,669

What does a regular 1 minute chart look like? Are there gaps?

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #3 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


no problem here amp/cqg data

Attached Thumbnails
Click image for larger version

Name:	GC 12-12 (4 BetterRenko)  8_3_2012.jpg
Views:	171
Size:	66.4 KB
ID:	83553  
Reply With Quote
Thanked by:
  #4 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,467 since Jun 2009
Thanks Given: 33,244
Thanks Received: 101,669


cory View Post
no problem here amp/cqg data

Are you using BetterBrick as well, or just BetterRenko?

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #5 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090

with brick but also looks ok without better brick

Reply With Quote
Thanked by:
  #6 (permalink)
 mongoose 
Chicago, IL
 
Experience: None
Platform: oil super computer
Trading: multiple
Posts: 272 since Jun 2011
Thanks Given: 817
Thanks Received: 433

Euro/usd from this morning, bars are normal when it is less volatile but go crazy when the market was moving fast. MB trading feed so that might have something to do with it.

Attached Thumbnails
Click image for larger version

Name:	$EURUSD (8 BetterRenko)  8_2_2012.jpg
Views:	169
Size:	73.5 KB
ID:	83555  
Reply With Quote
  #7 (permalink)
 Haim1 
Beer-Sheva, Israel
 
Experience: Advanced
Platform: NinjaTrader
Trading: YM
Posts: 22 since Oct 2011
Thanks Given: 107
Thanks Received: 7

I'm also using Better Renko and MB as data feed.

The attachment is the "wild and crazy" Euro-Dollar moments in the graph (20 Better Renko)

The movement was very, very fast.

Is it due to the data feed provider ?
I don't know but I it is interesting to know why this happened (this kind of graph)

Attached Thumbnails
Click image for larger version

Name:	20BR.JPG
Views:	152
Size:	139.3 KB
ID:	83563  
Reply With Quote
  #8 (permalink)
 seilsys 
Minneapolis, MN
 
Experience: Beginner
Platform: NinjaTrader
Broker: Interactive Brokers
Trading: ES
Posts: 4 since Feb 2010
Thanks Given: 75
Thanks Received: 2

I was having trouble with GC 12-12 also and BetterRenko. I am using Mirus and ZenFire.

Mirus told me to not use the "MergeBackAdjusted" policy under Tools->Options->Data. They told me to use "DoNotMerge" and that seemed to fix the problem.

Reply With Quote
Thanked by:
  #9 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


seilsys View Post
I was having trouble with GC 12-12 also and BetterRenko. I am using Mirus and ZenFire.

Mirus told me to not use the "MergeBackAdjusted" policy under Tools->Options->Data. They told me to use "DoNotMerge" and that seemed to fix the problem.

I don't use any other setting so I don't have that problem, one thing less to remember.

Attached Thumbnails
Click image for larger version

Name:	policy.png
Views:	168
Size:	34.7 KB
ID:	83654  
Reply With Quote
Thanked by:
  #10 (permalink)
 Cheech 
Mesa, AZ/USA
 
Experience: Intermediate
Platform: NinjaTrader, ThinkorSwim
Broker: AMP Futures/CQG, TDA
Trading: Currency Futures, my Harley Davidson
Posts: 107 since Jun 2012
Thanks Given: 43
Thanks Received: 133



seilsys View Post
I was having trouble with GC 12-12 also and BetterRenko. I am using Mirus and ZenFire.

Mirus told me to not use the "MergeBackAdjusted" policy under Tools->Options->Data. They told me to use "DoNotMerge" and that seemed to fix the problem.

@seilsys

Thank you for suggestion as it fixed my problem too.

@All others

Thank you for responding

Started this thread Reply With Quote
Thanked by:




Last Updated on August 5, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts