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

  #481 (permalink)
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Bespoke View Post
Hi,

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

Agree with above posts. All Renko and hybrid renko bar types (such as UniRenko) are based on a fixed price range per bar.

I suggest you try a volume bar type and apply Heiken Ashi candle type to it. It will look similar to a UniRenko but be based on volume per bar rather than the fixed price range of the bar.

Be Patient and Trade Smart
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  #482 (permalink)
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Unirenko bar closes doesn't work for 6E

Does anyone have a unirenko bar closes indi that works with 6E?

All I get is 1E00 instead of price.

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  #483 (permalink)
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Unirenko on 6E


I will make some time to look into the scientific notation issue.

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  #484 (permalink)
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Unirenko on 6E fixed

You can use jprUniRenkoBarClosesV3 instead. It is an improved version of UniRenkoBarCloses.

Sorry, ZB, ZN & ZT will continue to display in decimal format. Requires more coding than my available time.

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Register to download File Type: zip jprUniRenkoBarClosesV3.zip (2.6 KB, 217 views)
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  #485 (permalink)
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Hello I use BetterRenko (20) since many years.
I would compare with your unirenko
I have trouble finding the right parameters (TT TR TO) to find the same points of reversions my old BetterRenko 20 (LC and GC)
Does someone can give me the parameters 20 BetterRenko equivalents (CL and GC) for Unirenko?
Thank you
Pierre


Last edited by pcomm69; April 15th, 2016 at 02:30 PM.
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  #486 (permalink)
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justtrader View Post
You can use jprUniRenkoBarClosesV3 instead. It is an improved version of UniRenkoBarCloses.

Sorry, ZB, ZN & ZT will continue to display in decimal format. Requires more coding than my available time.

@justtrader, I already have a custom UniRenko that I do not want to lose. Are you able to provide advice on how to add this bar type without wiping others?

I actually have:

Tick, Volume, Range, Second, minute, Day, week, month, year, Kagi, Pointandfigure, linebreak, mirrorbars, dtReversal. RangeNoGap and the custom UniRenko.

Please advise before I import this new Unirenko. Thank you.

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  #487 (permalink)
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@jmont1 - jprUniRenkoBarClosesV3 is an indicator not a Bar Type. As such it will not interfere with your current UniRenko Bar Type definition.

Be Patient and Trade Smart
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  #488 (permalink)
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trendwaves View Post
@jmont1 - jprUniRenkoBarClosesV3 is an indicator not a Bar Type. As such it will not interfere with your current UniRenko Bar Type definition.

Thank you @trendwaves; that is correct.

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  #489 (permalink)
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6B

Hello,

does anybody wants to share best unirenko setting?

It seems good setting is

trend=4
reversal=20
offset= 2

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  #490 (permalink)
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BetterRenko latest version 2010?



pcomm69 View Post
Hello I use BetterRenko (20) since many years.
I would compare with your unirenko
I have trouble finding the right parameters (TT TR TO) to find the same points of reversions my old BetterRenko 20 (LC and GC)
Does someone can give me the parameters 20 BetterRenko equivalents (CL and GC) for Unirenko?
Thank you
Pierre

Hi there, I was using RJAY's Renko Trial because Unirenko seemed to a bit inconsistent so i was curious about trying out BetterRenko but was unable to find a developer for it other than a 2010 post. Is that still the most recent version of BetterRenko?

Thanks!

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