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


UniRenko, Universal Renko Bar Type
Updated: Views / Replies:192,084 / 567
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 – 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 don’t 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

  #41 (permalink)
Elite Member
redding, CA
 
Futures Experience: None
Platform: ninja/timingsolutions(Wave59 jurys out)
Broker/Data: iB
Favorite Futures: CL/GC/NQ
 
Posts: 54 since May 2010
Thanks: 64 given, 18 received

Monpere,
thanks for the unirenko's! ... i was wondering is there a relatively easy way to take the UniRenkoBarCloses indicator and tweek it so it reads any bar type like Range bars Renko etc... i was trying to get it to work on a few of the different bar types like Rjays RangeNoGap bar but wasnt having much luck... thought this might be a good place to see if it has already been done.
thanks

Reply With Quote
 
  #42 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,260 received


ValLiant View Post
Monpere,
thanks for the unirenko's! ... i was wondering is there a relatively easy way to take the UniRenkoBarCloses indicator and tweek it so it reads any bar type like Range bars Renko etc... i was trying to get it to work on a few of the different bar types like Rjays RangeNoGap bar but wasnt having much luck... thought this might be a good place to see if it has already been done.
thanks

This was written specifically for UniRenko bars. There are other indicators out there that work for range bars and perhaps other bar types. Here's one that I know about:

Range Bar Predictor

Reply With Quote
The following 4 users say Thank You to monpere for this post:
 
  #43 (permalink)
Elite Member
detroit,mi
 
Futures Experience: Beginner
Platform: NT
Favorite Futures: NQ
 
sudhirc's Avatar
 
Posts: 285 since Sep 2011
Thanks: 1,415 given, 313 received

how to review the code?


Hi,

Can some one tell me how to access/open the script for UniRenko to review the code.

Thank you,
Sudhirc

Reply With Quote
 
  #44 (permalink)
Elite Member
Atkinson, NH USA
 
Futures Experience: Intermediate
Platform: NinjaTrader 8/TensorFlow
Broker/Data: NinjaTrader Brokerage
Favorite Futures: Futures, CL, ES, ZB
 
NJAMC's Avatar
 
Posts: 1,916 since Dec 2010
Thanks: 2,957 given, 2,286 received


sudhirc View Post
Hi,

Can some one tell me how to access/open the script for UniRenko to review the code.

Thank you,
Sudhirc

Notepad or similar text editor. NT7 script editor will not open files outside the Indicator/Scripts folders.

Nil per os
-NJAMC [Generic Programmer]

LOM WIKI: NT-Local-Order-Manager-LOM-Guide
Artificial Bee Colony Optimization
Reply With Quote
The following 3 users say Thank You to NJAMC for this post:
 
  #45 (permalink)
Trading for Profit
new york
 
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
 
Posts: 355 since Mar 2012
Thanks: 665 given, 569 received

thanks
I am having great fun testing strategies.

Plethora,
I like those indicators you have on the chart images you posted.
What are they ?

thanks

shane

I am having great testing results live with uni set to 8/8/16 on crude oil
It shows reversals very well.
Working great on trendline reversal and also on a rising ADX strategy. Both automated.
It shows the ADX lines very cleanly and smooth; perfect for autotrading.
Just have to figure out the profit targets and stop losses.

thanks

Reply With Quote
The following 2 users say Thank You to shanemcdonald28 for this post:
 
  #46 (permalink)
Trading for Profit
new york
 
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
 
Posts: 355 since Mar 2012
Thanks: 665 given, 569 received

also
what slippage settings are best for backtesting ?
Live testing will show your slippage without the need for adding slippage settings, correct ?

thanks
shane

Reply With Quote
The following user says Thank You to shanemcdonald28 for this post:
 
  #47 (permalink)
Elite Member
Los Angeles, CA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Rithmic
Favorite Futures: GC
 
plethora's Avatar
 
Posts: 639 since Dec 2010
Thanks: 1,174 given, 422 received

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


shanemcdonald28 View Post
thanks
I am having great fun testing strategies.

Plethora,
I like those indicators you have on the chart images you posted.
What are they ?

thanks


I've been testing, too, Shane -- and no indicators are necessary.
Here are your settings!


Last edited by plethora; December 12th, 2012 at 11:59 PM.
Reply With Quote
 
  #48 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NT8,NT7,TWS,FOREX.COM app
Broker/Data: InteractiveBrokers, NinjaTrader Brokerage FOREX.COM, IQFeed
Favorite Futures: The one I'm creating in the present....ES, ZF, ZN, ZB, FX pairs
 
Blash's Avatar
 
Posts: 1,510 since Nov 2011
Thanks: 4,371 given, 2,203 received

I just have to say I love this bar type, thanks so much....

Reply With Quote
The following user says Thank You to Blash for this post:
 
  #49 (permalink)
Elite Member
zürich/ switzerland
 
Futures Experience: None
Platform: NT7, Sierra
Favorite Futures: CL
 
philipp's Avatar
 
Posts: 128 since Nov 2010
Thanks: 48 given, 108 received


monpere View Post
A number of people have asked for this, so I wrote an indicator to mark the projected bar closes:

https://futures.io/download/ninjatrader-7/indicators/1322-download.html?view

hi monpere,

would it be possible to add an option to select the colour and the font size of the letters?

or could you please tell me where to change the code for having the letters in white and a bit larger?

thanks in advance


Last edited by philipp; December 19th, 2012 at 05:44 AM.
Reply With Quote
 
  #50 (permalink)
Elite Member
Toronto
 
Futures Experience: Intermediate
Platform: NinjaTrader, TOS
Broker/Data: Rithmic
Favorite Futures: CL
 
Posts: 17 since Aug 2009
Thanks: 0 given, 9 received

Problem with Rollover


Hi monpere

Looks like you can only open the current futures contract using this bar type. I rolled over to CL 02-13. If I try to open a CL 01-03 chart, I get a blank chart. Is this a fixable problem?

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)

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

August
 

Ask Me Anything (AMA) w/Rod Casilli @ Collective2

Aug 23
 

Prototyping Python Strategies (part 3, Live Trading) w/Ran Aroussi [1PM ET]

Elite only
 

Develop Strategies and Perfect Execution w/Brannigan Barrett @ 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 12:27 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 2017-08-23 in 0.09 seconds with 19 queries on phoenix via your IP 54.156.50.71