UniRenko, Universal Renko Bar Type - NinjaTrader | futures io social trading
futures io futures trading


UniRenko, Universal Renko Bar Type
Updated: Views / Replies:183,373 / 564
Created: by monpere Attachments:101

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 101  
 
Thread Tools Search this Thread
 

UniRenko, Universal Renko Bar Type

  #401 (permalink)
Trading Apprentice
Frankfurt Germany
 
Futures Experience: Intermediate
Platform: NT7
Favorite Futures: FDAX
 
Posts: 1 since Feb 2015
Thanks: 0 given, 0 received

hi,
is it possible to receive the actuell version of uni renko (without beeing an elite member)?
(newbee is asking)
thx

Reply With Quote
 
  #402 (permalink)
Elite Member
Glendale AZ USA
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Futures
 
Posts: 4 since Jul 2012
Thanks: 44 given, 2 received


Tradexxx View Post
hi,
is it possible to receive the actuell version of uni renko (without beeing an elite member)?
(newbee is asking)
thx

I don't believe it is. If you are serious about trading, it is well worth it to become an elite member. I believe the cost is $100.

Trading Is A Journey, Not A Destination
Reply With Quote
 
  #403 (permalink)
Elite Member
reston, va
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,143 since Jun 2009
Thanks: 622 given, 6,197 received



Tradexxx View Post
hi,
is it possible to receive the actuell version of uni renko (without beeing an elite member)?
(newbee is asking)
thx

yes, anything is possible, keep looking eh... googling.

Reply With Quote
 
  #404 (permalink)
Elite Member
new york
 
Futures Experience: Beginner
Platform: Ninjatrader
Favorite Futures: ES
 
Posts: 41 since Dec 2010
Thanks: 1 given, 5 received

does the current version of UniRenko bars type support the following:
1) New bar only when current bar is exceeded by 1 tick
2) No new bars on session start
3) Filled gaps

my apologies in advance if this has been covered earlier in the discussion. also, does anyone have something like this for Python/R ?

thanks for your help

Reply With Quote
 
  #405 (permalink)
Elite Member
Wrocław, Poland
 
Futures Experience: Intermediate
Platform: NinjaTrader, Racket
Favorite Futures: Ockham's razor
 
gregid's Avatar
 
Posts: 651 since Aug 2009
Thanks: 321 given, 603 received


buylosellhi View Post
does anyone have something like this for Python/R ?

I haven't seen UniRenko for Python but you can amend standard Renko to give you UniRenko. Here is an example of Python implementation of Renko bars:
https://machinelearningtrading.wordpress.com/2014/02/23/plotting-renko-bars-in-python/

Reply With Quote
The following user says Thank You to gregid for this post:
 
  #406 (permalink)
Elite Member
san francisco
 
Futures Experience: Intermediate
Platform: Ninja Trader, TOS
Favorite Futures: tf, cl, gc, dax, es
 
Posts: 27 since May 2011
Thanks: 25 given, 38 received

UniRenko Properties

@buylosellhi
does the current version of UniRenko bars type support the following:
1) New bar only when current bar is exceeded by 1 tick
--> Yes
2) No new bars on session start
---> Not sure
3) Filled gaps
--> Yes

Reply With Quote
The following 2 users say Thank You to justtrader for this post:
 
  #407 (permalink)
Elite Member
Raleigh, NC USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Posts: 6 since Oct 2014
Thanks: 2 given, 2 received


justtrader View Post
@Ricky H: "... but I relly wanted t avoid an Hline going all the way across my uni-renko chart. "

There is actually value in having a Horizontal Line. You can easily see prior support and resistance areas. But, since you insist, I made some changes to UniRenkoBarCloses which hopefully will do what you want. See attached jprUniRenkoBarClosesV2.zip.


Justtrader,
Thank You so much for coding this indicator. It is absolutely awesome! I've used it for the past few days and, it works perfectly on my uni-renko charts. It solves the only issue (in my opinion) that I was having on my uni-renko charts. It helps me see the price without having to rely on the price axis panel. Thanks Again, Great Job!

oh btw, it will also work on other chart types as well, (min, tick,other renko types, etc.. Although it only prints the current price, w/o the projections. All the way around it works great!

Reply With Quote
The following user says Thank You to Ricky H for this post:
 
  #408 (permalink)
Elite Member
new york
 
Futures Experience: Beginner
Platform: Ninjatrader
Favorite Futures: ES
 
Posts: 41 since Dec 2010
Thanks: 1 given, 5 received

justtrader,
Thanks for your reply. I see the code is not checking for Session start (unlike Renko in @BarsType.cs) but where do you see the 'New Bar When Exceeded' in the calculation ? Is it the hard inequality "</>" in lines 61/62 as opposed to ">=" and "<=" ?

thanks for your help !

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



justtrader View Post
@buylosellhi
does the current version of UniRenko bars type support the following:
1) New bar only when current bar is exceeded by 1 tick
--> Yes
2) No new bars on session start
---> Not sure
3) Filled gaps
--> Yes


Reply With Quote
 
  #409 (permalink)
Market Wizard
Houston, Texas
 
Futures Experience: Master
Platform: NinjaTrader; BloodHound
Broker/Data: IB, Rithmic
Favorite Futures: ES, CL, 6E, UB, 6J, 6B, ZS
 
Posts: 907 since Oct 2012
Thanks: 666 given, 876 received

Offset to 0

Can we get a Zero offset?

Reply With Quote
The following 2 users say Thank You to jlwade123 for this post:
 
  #410 (permalink)
Elite Member
Wrocław, Poland
 
Futures Experience: Intermediate
Platform: NinjaTrader, Racket
Favorite Futures: Ockham's razor
 
gregid's Avatar
 
Posts: 651 since Aug 2009
Thanks: 321 given, 603 received



jlwade123 View Post
Can we get a Zero offset?

Funny you ask for it - I was thinking about this recently as with this change UniRenko would truly become universal (oh, ok plus some more like new session treatment, new bar on hit or exceed).

@mrmuggins version of UniRenko (screenshot from your journal) most likely uses a workaround that hardcodes some values, eg. Offset == 98 (or >=98) is considered as zero. This should work fine, but it is still a workaround for the fact that native Period.BarsPeriodValue is set to have minimum value of 1 (ie: Math.Max(1, value)).

I don't see a way to override this property to change its behaviour but maybe someone had achieved this.

Alternatively it would be also interesting to try adding completely new property and not relying on the existing Period.XXXXX fields.

Was anyone successful in any of these 2 tasks?

Reply With Quote
The following 2 users say Thank You to gregid for this post:

Reply



futures io > > > > UniRenko, Universal Renko Bar Type

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May

An overview of volumetric analytical tools w/Sergey Sokolov @ PTMC

Elite only

John Hoagland (TBA)

Elite only

FuturesTrader71 Extended Ask Me Anything (AMA)

Elite only

Pete @ Jigsaw Trading (TBA)

Elite only

John @ No BS Day Trading (TBA)

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Better Renko Bar Size (vs. 5 min bar) TrendTraderBH Traders Hideout 5 December 9th, 2016 04:30 AM
Bar Counter For Line Break Bar Type Eagle01 NinjaTrader Programming 8 April 1st, 2012 11:29 PM
Wicked Renko custom bar type for NT7 aslan NinjaTrader Programming 25 March 10th, 2012 10:13 AM
End of bar strategies with advanced bar types (Renko, Range, Kagi, etc) RM99 Elite EasyLanguage Automated Trading 2 September 9th, 2011 08:38 AM
how to load Median renko and LineBreakwicked type bar kieuthu59 NinjaTrader 8 April 11th, 2011 02:56 PM


All times are GMT -4. The time now is 01:09 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-05-26 in 0.13 seconds with 20 queries on phoenix via your IP 54.224.200.104