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Problem with BetterRenko with gold futures
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Created: by Cheech Attachments:6

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Problem with BetterRenko with gold futures

  #1 (permalink)
Elite Member
Mesa, AZ/USA
 
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Problem with BetterRenko with gold futures

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
Problem with BetterRenko with gold futures-gc-nt-renko.jpg   Problem with BetterRenko with gold futures-gc-nt-betterrenko.jpg  
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  #2 (permalink)
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What does a regular 1 minute chart look like? Are there gaps?

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  #3 (permalink)
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no problem here amp/cqg data

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Problem with BetterRenko with gold futures-gc-12-12-4-betterrenko-8_3_2012.jpg  
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  #4 (permalink)
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cory View Post
no problem here amp/cqg data

Are you using BetterBrick as well, or just BetterRenko?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

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  #5 (permalink)
Market Wizard
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with brick but also looks ok without better brick

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  #6 (permalink)
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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.

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Problem with BetterRenko with gold futures-eurusd-8-betterrenko-8_2_2012.jpg  
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  #7 (permalink)
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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)

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Problem with BetterRenko with gold futures-20br.jpg  
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  #8 (permalink)
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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.

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  #9 (permalink)
Market Wizard
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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.

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Problem with BetterRenko with gold futures-policy.png  
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  #10 (permalink)
Elite Member
Mesa, AZ/USA
 
Futures Experience: Intermediate
Platform: NinjaTrader, ThinkorSwim
Broker/Data: AMP Futures/CQG, TDA
Favorite Futures: Currency Futures, my Harley Davidson
 
Posts: 94 since Jun 2012
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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


Last edited by Cheech; August 5th, 2012 at 04:58 PM.
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