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


UniRenko, Universal Renko Bar Type
Started: by monpere Views / Replies:168,602 / 548
Last Reply: Attachments:97

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
 97  
 
Thread Tools Search this Thread
 

UniRenko, Universal Renko Bar Type

  #481 (permalink)
Market Wizard
Florida
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES, NQ, YM, CL
 
trendwaves's Avatar
 
Posts: 721 since Dec 2012
Thanks: 2,626 given, 2,375 received
Forum Reputation: Legendary


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
Reply With Quote
The following 3 users say Thank You to trendwaves for this post:
 
  #482 (permalink)
Elite Member
waldwick, new jersey, United States
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL
 
Posts: 71 since Aug 2010
Thanks: 7 given, 9 received

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.

Reply With Quote
 
  #483 (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 on 6E


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

Reply With Quote
 
  #484 (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 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.

Attached Files
Register to download File Type: zip jprUniRenkoBarClosesV3.zip (2.6 KB, 161 views)
Reply With Quote
The following 4 users say Thank You to justtrader for this post:
 
  #485 (permalink)
Elite Member
paris france
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Continuum
Favorite Futures: gold & crude light
 
pcomm69's Avatar
 
Posts: 50 since Oct 2011
Thanks: 13 given, 4 received

Futures Edge on FIO

Which products do you trade?

 
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 03:30 PM.
Reply With Quote
 
  #486 (permalink)
Elite Member
New York, NY
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL, 6E, ES and Maybe DX for smaller tick value
 
Posts: 712 since May 2011
Thanks: 1,222 given, 453 received


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.

Reply With Quote
 
  #487 (permalink)
Market Wizard
Florida
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES, NQ, YM, CL
 
trendwaves's Avatar
 
Posts: 721 since Dec 2012
Thanks: 2,626 given, 2,375 received
Forum Reputation: Legendary

@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
Reply With Quote
The following 4 users say Thank You to trendwaves for this post:
 
  #488 (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


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.

Reply With Quote
The following user says Thank You to justtrader for this post:
 
  #489 (permalink)
Elite Member
Prague/Czech Republic
 
Futures Experience: Beginner
Platform: Ninjatrader
Favorite Futures: M6B,MGC
 
Posts: 10 since Sep 2011
Thanks: 2 given, 0 received

6B

Hello,

does anybody wants to share best unirenko setting?

It seems good setting is

trend=4
reversal=20
offset= 2

Reply With Quote
 
  #490 (permalink)
Elite Member
New York, NY
 
Futures Experience: Beginner
Platform: Sierra Charts, NT7, TOS
Favorite Futures: Emini, NQ,
 
Posts: 68 since May 2016
Thanks: 32 given, 49 received

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!

Reply With Quote

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)

2016 True Edge Awards: Voting is open until Jan 21!

Now
 

An Afternoon with FIO member Massive l

Elite only

Leo Murphy: Making sense of Technical Analysis and Random Walk

Elite only
 

FuturesTrader71: Ask Me Anything

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 05:30 AM
Bar Counter For Line Break Bar Type Eagle01 NinjaTrader Programming 8 April 2nd, 2012 12:29 AM
Wicked Renko custom bar type for NT7 aslan NinjaTrader Programming 25 March 10th, 2012 11:13 AM
End of bar strategies with advanced bar types (Renko, Range, Kagi, etc) RM99 Elite EasyLanguage Automated Trading 2 September 9th, 2011 09:38 AM
how to load Median renko and LineBreakwicked type bar kieuthu59 NinjaTrader 8 April 11th, 2011 03:56 PM


All times are GMT -4. The time now is 04:18 PM.

no new posts
Page generated 2017-01-18 in 0.14 seconds with 20 queries on phoenix via your IP 54.204.104.49