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UniRenko, Universal Renko Bar Type
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UniRenko, Universal Renko Bar Type

  #311 (permalink)
Market Wizard
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Tasker_182 View Post
A strategy is to (in the case of an uptrend), wait for a pullback (wait for a tail to form), place a buy order inside the body, place a stop at the reversal point. If price resumes the trend you are in early and price will normally shoot up a number of tics

@Tasker_182, @Raj1,

This is exactly one of those aggressive trend continuation set up entries with UniRenko that I take as mentioned in my previous post. However, I use some sort of S/R levels or other confirmation for trend. The R/R is very favorable (a small stop with T1 better than the stop and a potential nice run for T2).

Cheers!

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  #312 (permalink)
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aligator View Post
@Tasker_182, @Raj1,

This is exactly one of those aggressive trend continuation set up entries with UniRenko that I take as mentioned in my previous post. However, I use some sort of S/R levels or other confirmation for trend. The R/R is very favorable (a small stop with T1 better than the stop and a potential nice run for T2).

Cheers!

@ aligator
Do you use a lower time frame chart for entry? if so, what is the parameters you suggest for lower time frame chart?
Hope, with the use of lower time frame chart, if we use the same entry technique, after the reversal bar in higher time frame chart, we can manage with lesser stop loss instead of using 20 tick stop loss.
Appreciate your views and inputs on this.
Thanks

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  #313 (permalink)
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Raj1 View Post
@ aligator
Do you use a lower time frame chart for entry? if so, what is the parameters you suggest for lower time frame chart?
Hope, with the use of lower time frame chart, if we use the same entry technique, after the reversal bar in higher time frame chart, we can manage with lesser stop loss instead of using 20 tick stop loss.
Appreciate your views and inputs on this.
Thanks

@Raj1,

Please see my response here:

https://futures.io/elite-circle/20413-gradient-color-bars-241.html#post393829

Cheers!

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  #314 (permalink)
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Hello

Downloaded this. Copied the .cs file into the indicator folder but I am unable to select it from the drawdown menu. I am sure i am doing something probably quite simple wrong. If someone could help me otu that would be fantastic!

Thanks

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  #315 (permalink)
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Hi DCB


DeadCatBounced View Post
Hello

Downloaded this. Copied the .cs file into the indicator folder but I am unable to select it from the drawdown menu. I am sure i am doing something probably quite simple wrong. If someone could help me otu that would be fantastic!

Thanks

Did you compile it and close Ninja before re-e-opening?

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  #316 (permalink)
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Was it the Uni renko bar type


mrmuggins View Post
Did you compile it and close Ninja before re-e-opening?

If so, you need to place it in the 'Type' folder and not the indicator folder.

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  #317 (permalink)
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mrmuggins View Post
Did you compile it and close Ninja before re-e-opening?

Ahh hmm no I didnt do that -

When I did open it and hit compile I got error CS0101 on line 12 which only has a {

from reading through the earlier part of this thread I assume it has something to do with the PeriodType.Custom5 do I need to change that?

Thanks for the quick response!

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  #318 (permalink)
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DeadCatBounced View Post
Ahh hmm no I didnt do that -

When I did open it and hit compile I got error CS0101 on line 12 which only has a {

from reading through the earlier part of this thread I assume it has something to do with the PeriodType.Custom5 do I need to change that?

Thanks for the quick response!

Try the link I PM'd you. There has been some changes.

Rick

"If you're going to panic during a trade............. panic early."
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  #319 (permalink)
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It's a Chart Type, not an indicator.

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Be Patient and Trade Smart
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  #320 (permalink)
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trendwaves View Post
It's a Chart Type, not an indicator.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Ok I downloaded the new one from the link @trs3042 provided. Put it in 'Type' folder. But I still do not see it in that dropdown menu.

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