NexusFi: Find Your Edge


Home Menu

 





UniRenko, Universal Renko Bar Type


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one MWinfrey with 27 posts (120 thanks)
    2. looks_two Tasker_182 with 27 posts (83 thanks)
    3. looks_3 jmcg618 with 21 posts (2 thanks)
    4. looks_4 Big Mike with 20 posts (54 thanks)
      Best Posters
    1. looks_one monpere with 33.4 thanks per post
    2. looks_two dstrader with 8 thanks per post
    3. looks_3 MWinfrey with 4.4 thanks per post
    4. looks_4 Tasker_182 with 3.1 thanks per post
    1. trending_up 426,484 views
    2. thumb_up 1,698 thanks given
    3. group 227 followers
    1. forum 695 posts
    2. attach_file 122 attachments




 
Search this Thread

UniRenko, Universal Renko Bar Type

  #641 (permalink)
 
michaelf's Avatar
 michaelf 
Mérida, Mexico
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: MNQ
Frequency: Daily
Duration: Minutes
Posts: 559 since Mar 2011
Thanks Given: 1,432
Thanks Received: 581


NGtrader View Post
Thanks, but this is for NT7 right? I'm looking for one for NT8.

@NGtrader

it's for NT8. Written by a NinjaTrader Tech Chelsea_B

For the dll, @bobwest did, like every time, a great job to explain it

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
18 thanks
The Program
18 thanks
  #642 (permalink)
 NGtrader 
Burnaby, BC Canada
 
Experience: Advanced
Platform: Ninjatrader
Broker: Ironbeam, Kinetick
Trading: ES, CL, RTY
Posts: 233 since Apr 2014
Thanks Given: 758
Thanks Received: 201


michaelf View Post
@NGtrader

it's for NT8. Written by a NinjaTrader Tech Chelsea_B

For the dll, @bobwest did, like every time, a great job to explain it

Thanks Michael! Yes agreed, Bobwest gave a very comprehensive answer, I have no questions at all.

Follow me on Twitter Reply With Quote
Thanked by:
  #643 (permalink)
 jmcg618 
New York / USA
 
Experience: Intermediate
Platform: Ninjatrader
Trading: es
Posts: 33 since Aug 2017
Thanks Given: 2
Thanks Received: 11



NGtrader View Post
Thanks, have you or anyone else tried the free one from Ninza.co? I saw the video on youtube and someone in the comments mentioned the settings are customizable so it's like unirenko.

[Free] ninZaRenko - Best Renko Bars (with Wicks) for [AUTOLINK]NinjaTrader[/AUTOLINK] 8

ninza free bars are just as bad... I am using renko spectrum from innovative trading solutions, they work perfectly, but like everything ninjatrader, expensive...

Reply With Quote
  #644 (permalink)
 MrTrader 
ITAJAI SC/BRAZIL
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Clear Corretora
Trading: DOLFUT, WINFUT
Posts: 332 since Jun 2014
Thanks Given: 1,314
Thanks Received: 225


jmcg618 View Post
ninza free bars are just as bad... I am using renko spectrum from innovative trading solutions, they work perfectly, but like everything ninjatrader, expensive...

Hi, I was wondering if its possible to post two charts, one with ninza and other with innovative, same insteument.. i think it could help others too..
Regards,

Sent using the https://nexusfi.com/NexusFi mobile app

Reply With Quote
  #645 (permalink)
 jmcg618 
New York / USA
 
Experience: Intermediate
Platform: Ninjatrader
Trading: es
Posts: 33 since Aug 2017
Thanks Given: 2
Thanks Received: 11


MrTrader View Post
Hi, I was wondering if its possible to post two charts, one with ninza and other with innovative, same insteument.. i think it could help others too..
Regards,

Sent using the NexusFi mobile app

Renko is Renko, it's all the same. They only differ in how they were coded. RJ's don't reprint, capture the tick and volume data accurately, and can be used with tick replay based indicators. They are professionally coded. I believe pure logik has a very good product as well, but I haven't tried it as I think it was like twice the price of RJ's. Ninza is free and does not work witch tick replay in nt8. If you want free ones try the ones that were just posted in this thread. Apparently they were coded by a ninjatrader support staff and they work...

Reply With Quote
  #646 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527


jmcg618 View Post
There's a lot of love here for Ninjatrader, that much is clear. I however am not in that camp. The only indicators that have any real value are orderflow type indicators, and they are very expensive ad-ons for Ninjatrader. If you get cheap or free or poorly coded indicators or ad-ons you are going be running one shaky rig...


jmcg618 View Post
I'm looking for delta volume indicator, delta momentum, cumulative delta, and there is no free one available... I'm looking at Rancho Dinero, and it's a few hundred bucks... and the list goes on... most platforms these days include these basic tools... ninja comes with nothing, you will pay dearly for every indicator and analysis tool other than a moving average..

it looks like you might just be wrong again

maybe you should watch tomorrow's webinar:




Big Mike View Post
Hi guys,

It is my pleasure to welcome back Brett Barrett from NinjaTrader for a webinar on Thursday, January 18th @ 4:30PM Eastern US.

The title of this event is "NinjaTrader 8 Order Flow Tool Suite Sneak Peek", and bullets point include:

Join Brett Barrett, NinjaTrader Product Manager, for a preview of intuitive order flow analysis tools coming soon to NinjaTrader 8.

Topics to be addressed include:
- Introduction of the NinjaTrader Order Flow + tool suite
- Discussion of order flow concepts and their use cases
- Preview of new Volumetric Bars (footprint style chart)
- How Volumetric Bars can play a key role in order flow analysis

As these new tools are introduced, NinjaTrader is looking for feedback from the FIO community. Be sure to join this interactive session and bring your questions!

Register for the event:
https://on.futures.io/7nr90

Mike


some more info here:

https://forum.ninjatrader.com/showthread.php?t=107060

Reply With Quote
Thanked by:
  #647 (permalink)
 NGtrader 
Burnaby, BC Canada
 
Experience: Advanced
Platform: Ninjatrader
Broker: Ironbeam, Kinetick
Trading: ES, CL, RTY
Posts: 233 since Apr 2014
Thanks Given: 758
Thanks Received: 201


MrTrader View Post
Hi, I was wondering if its possible to post two charts, one with ninza and other with innovative, same insteument.. i think it could help others too..
Regards,

Sent using the NexusFi mobile app

I don't have the indicator from Innovative but here is a side-by-side comparison of Ninzarenko on the left and Unirenko (from this forum) on the right. As you can see they are quite similar. I was using settings of 4,4. Ninzarenko does not have a setting for offset. Ninzarenko bars look a lot cleaner.

Attached Thumbnails
Click image for larger version

Name:	2018-01-17 08_03_00-Chart - CL 03-18 Ninzarenko and Unirenko (4-4 settings).png
Views:	556
Size:	117.6 KB
ID:	245825  
Follow me on Twitter Reply With Quote
Thanked by:
  #648 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090

sneak peek of webinare post #646

Attached Thumbnails
Click image for larger version

Name:	1.png
Views:	372
Size:	179.8 KB
ID:	245826   Click image for larger version

Name:	2.png
Views:	291
Size:	89.4 KB
ID:	245827  
Reply With Quote
  #649 (permalink)
 NGtrader 
Burnaby, BC Canada
 
Experience: Advanced
Platform: Ninjatrader
Broker: Ironbeam, Kinetick
Trading: ES, CL, RTY
Posts: 233 since Apr 2014
Thanks Given: 758
Thanks Received: 201


cory View Post
sneak peek of webinare post #646

I can see this taking away some business from OFA .

Follow me on Twitter Reply With Quote
  #650 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090



NGtrader View Post
I can see this taking away some business from OFA .

by now, if you are not with OFA then you don't want their business any way, no loss for them. Oder Flow is most overused term, imho.

Reply With Quote




Last Updated on April 3, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts