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


UniRenko, Universal Renko Bar Type
Updated: Views / Replies:189,189 / 564
Created: by monpere Attachments:101

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 101  
 
Thread Tools Search this Thread
 

UniRenko, Universal Renko Bar Type

  #471 (permalink)
Elite Member
Atlanta GA
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 1 since Jan 2015
Thanks: 1 given, 1 received


Bosch777 View Post
Shane try these for fit.

T 4
R 28
O 14

I have found these to work very well without anything else. For instance these setting have totally eliminated the CL chop over the last couple of hours. How bad..?!

the combinations are endless so it would be great if people would gel a bit more and start posting their better settings and details.


brilliant

Reply With Quote
The following 2 users say Thank You to splits for this post:
 
  #472 (permalink)
Elite Member
Northeast US
 
Futures Experience: Advanced
Platform: Ninjatrader
Favorite Futures: ES & 6E
 
Joules360's Avatar
 
Posts: 35 since Nov 2010
Thanks: 29 given, 16 received

UniRenko Traders:

Any advice on the setting for scalping and trend on the ES? As in...scalping in the direction of the trend.

Thanks,

Joules


I have been playing with T1R3O1 for scalping and T3R9O3 for the trend on ES and its looks promising.


Last edited by Joules360; February 29th, 2016 at 01:02 AM. Reason: Update
Reply With Quote
The following 2 users say Thank You to Joules360 for this post:
 
  #473 (permalink)
Elite Member
Boston
 
Futures Experience: Advanced
Platform: Ninja Trader
Favorite Futures: TF,CL
 
Posts: 33 since Apr 2011
Thanks: 30 given, 2 received

Uni Renko Bar close


I can not get the uni renko bar close indi to show price on 6E, all other markets are fine.
Thanks

Reply With Quote
 
  #474 (permalink)
Elite Member
Colorado Springs, CO
 
Futures Experience: Beginner
Platform: NinjaTrader
 
Posts: 20 since Oct 2009
Thanks: 15 given, 0 received

Display actual HiLo intrabar ??

Hey guys,

I'm trying to figure out a way to display a HiLo chartstyle bar over a UniRenko candlestick chartstyle in order to show actual price movement within the bar...

Can this or something similar be done ??

I can do it from within a strategy but it goes away if I refresh the strategy and starts replotting from there...

Reply With Quote
 
  #475 (permalink)
Elite Member
Toronto Canada
 
Futures Experience: Master
Platform: NinjaTrader 7
Favorite Futures: ES
 
Posts: 89 since Jul 2011
Thanks: 12 given, 15 received

UniRenkobarclose

Hi guys

We have a problem with the unirenkobarclose
I tried every flavor on this thread and it just happens that using ZB the indicator does not show the right price.
could someone please see how this could be fixed?

it works well on ES 6E for example but for some reason wont on ZB

thank you for your effort.

Reply With Quote
 
  #476 (permalink)
Elite Member
Northeast US
 
Futures Experience: Advanced
Platform: Ninjatrader
Favorite Futures: ES & 6E
 
Joules360's Avatar
 
Posts: 35 since Nov 2010
Thanks: 29 given, 16 received


2010 View Post
I can not get the uni renko bar close indi to show price on 6E, all other markets are fine.
Thanks

I have the same problem...it probably has to do with all of the digits to display for the 6E. I just use the lines as markers for the next price bar.

Joules

Reply With Quote
The following user says Thank You to Joules360 for this post:
 
  #477 (permalink)
Elite Member
Toronto Canada
 
Futures Experience: Master
Platform: NinjaTrader 7
Favorite Futures: ES
 
Posts: 89 since Jul 2011
Thanks: 12 given, 15 received


Joules360 View Post
I have the same problem...it probably has to do with all of the digits to display for the 6E. I just use the lines as markers for the next price bar.

Joules

I've realized what it is, it's not a mistake really, just the way it's being calculated.
the 6E or ES or CL and alike are 10 based incremental hence it calculates it properly
the ZB is 32 based, and it so for example when price is 166'.24 I'll get 166. 75 which is 24/32
again it converts it to 10 base number

I just wonder if someone could change the code so it takes this into consideration and displays the right price number.

Thank you

Reply With Quote
 
  #478 (permalink)
Elite Member
Punjab
 
Futures Experience: None
Platform: Esignal,NinjaTrader
Broker/Data: IB,Esignal
Favorite Futures: FTSE
 
Bespoke's Avatar
 
Posts: 42 since Nov 2009
Thanks: 10 given, 8 received

Hi,

Is it possible to have unirenko bars based on volume instead of ticks?

Reply With Quote
 
  #479 (permalink)
Elite Member
Houston, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Futures
Favorite Futures: 6E
 
TheWizard's Avatar
 
Posts: 1,691 since Jun 2009
Thanks: 508 given, 4,018 received


Bespoke View Post
Hi,

Is it possible to have unirenko bars based on volume instead of ticks?

No. Those are called Volume bars. Renko, and its derivatives (Unirenko, Better Renko, Renko Hybrid, etc), by definition is based on a set number of ticks to be breached, before the next bar (of the same set number of ticks) will appear.

If you want to see a bar based on volume traded, you have to use Volume Bars.

After all, it's what you learn AFTER you know it all, that counts!
Reply With Quote
The following 3 users say Thank You to TheWizard for this post:
 
  #480 (permalink)
Market Wizard
Tallinn, Estonia
 
Futures Experience: Beginner
Platform: SC
Broker/Data: Oanda
Favorite Futures: USOil / West Texas Oil
 
lemons's Avatar
 
Posts: 773 since Nov 2010
Thanks: 1,374 given, 1,949 received
Forum Reputation: Legendary



Bespoke View Post
Hi,

Is it possible to have unirenko bars based on volume instead of ticks?

No then its not anymore unirenko bar.
Its like you want 5 min bar based on volume.

But it would be interesting idea.
Example reversal bar 1000 contracts and trend bar 100 contracts.

And anyway most of the time volume is higher on reversals.

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

Reply With Quote
The following user says Thank You to lemons 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)

July Journal Challenge w/$1100 in prizes from TopstepTrader

July
 

An Afternoon with FIO member Softsoap

Elite only

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Extended Ask Me Anything w/Brett Steenbarger

Elite only

Prototyping Python Strategies (part 3) w/Ran Aroussi

Elite only

Brannigan Barrett w/Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

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 09:02 AM.

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 2017-07-28 in 0.13 seconds with 20 queries on phoenix via your IP 54.162.50.232