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

  #471 (permalink)
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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

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  #472 (permalink)
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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
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  #473 (permalink)
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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

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  #474 (permalink)
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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...

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  #475 (permalink)
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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.

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  #476 (permalink)
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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

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  #477 (permalink)
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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

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  #478 (permalink)
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Hi,

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

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  #479 (permalink)
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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!
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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.

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