Well done @dwt51, I hadn't noticed it was 6E he was looking at.
You may well be correct in reminding @Trading Noob that the tick size changed for the 6E [Euro/US$] to 0.00005 some months back. It is quite possible that he has the old setting of 0.0001 on one of his machines and not the new size.
Hopefully @Trading Noob gets his issue sorted out.
The following user says Thank You to TopGunNote for this post:
Per the charts, @Trading Noob is looking at spot forex $EURUSD, not futures 6E. That said, different tick size settings between the two PC's (for the Instrument Manager setting of that particular FX pair or in Ninja's Tools > Options > Data > "Quote currencies (FX) in" setting for all FX pairs) could still be the culprit.
Last edited by dwt51; August 30th, 2016 at 06:51 AM.
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I am using unirenko charts and I am looking for indicator NT8 which will plot value 1 or 0 when reversal bar occurs. E.g. trend is set to 5, offset to 9 and reversal 19 ticks. So if there is bar with 24 ticks indicator will plot value 1 otherwise 0.
Have you looked at SharkIndicators Bloodhound? They have "solvers" that do just that. You would use their "Indicator Inflection solver". I'm new to Bloodhound, just learning, but it's much easier for me to use than NT strategies. Price is very reasonable too and they have an NT8 version in development.
I'm also new to UniRenko. Can we get a discussion started on a methodology, other than trial and error, to derive effective settings? These would vary per instrument and possibly even by day, depending on volatility. But coming up with some sort of logical process would be helpful. Any ideas? Should this be a separate thread?
The following user says Thank You to gdstuart for this post:
Yeah , I too feel the same. I am also new to UniRenko & want to start with some clues. Never used Renko bars before so having sort of tough time solving the equation with these bars. Also what kind of indicators will be helpful to time the entries and exits is a big query for me as of now. The thread is moving slow so does it suggest that these bars are not being very frequently used by experts ? Bit of confusion in my stride towards embracing these bars needs to be cleared.