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UniRenko, Universal Renko Bar Type
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Created: by monpere Attachments:117

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UniRenko, Universal Renko Bar Type

  #681 (permalink)
Elite Member
New York, NY
 
Trading Experience: Intermediate
Platform: NinjaTrader8
Broker/Data: Data = Rithmic -- Gives 70 Level II Data
Favorite Futures: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
 
Posts: 1,022 since May 2011
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Unirenko strategy target and stops cancel = NT8

Unirenko strategy target and stops cancel when the first bar closes. Is anyone else having this issue? I am running a Strategy Builder strategy but that should mean it knows how to handle these items.

Any assistance would be appreciated.

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  #682 (permalink)
Elite Member
Alesia E.U.
 
Trading Experience: Intermediate
Platform: Sierra chart
Favorite Futures: Futures
 
Posts: 168 since Feb 2011
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jmont1 View Post
Unirenko strategy target and stops cancel when the first bar closes. Is anyone else having this issue? I am running a Strategy Builder strategy but that should mean it knows how to handle these items.

Any assistance would be appreciated.

could you post the code ?

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  #683 (permalink)
Elite Member
New York, NY
 
Trading Experience: Intermediate
Platform: NinjaTrader8
Broker/Data: Data = Rithmic -- Gives 70 Level II Data
Favorite Futures: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
 
Posts: 1,022 since May 2011
Thanks: 1,458 given, 707 received

NT Support



crazybears View Post
could you post the code ?

@crazybears, NT support replied to my post over there. They are looking at the code. I do not think it is my code issue since I suspect it will do it with other strategies as well.

Thanks for reaching out.

Update: NT Support replied confirming there is an issue

Hello,
Just to update you, after further review we were able to recreate the issue with a simplified test script.
We will investigate further and will update you with our findings.
Thanks in advance for your patience while we dig into this further.


Last edited by jmont1; February 13th, 2019 at 07:20 AM.
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  #684 (permalink)
Elite Member
Dallas
 
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: YM, CL
 
Posts: 25 since Feb 2014
Thanks: 35 given, 7 received

UniRenko Reversal Bar Wick Extension Failure

I have examined the UniRenko bars using both the the (earlier created) Sim22 Bar Type indicator from the futures.io NT8 download section, and the Bar Type indicator from the NinjaTrader EcoSystem downloads.

I donít know if NT used the Sim22 coding to create their indicator, but both have the same problem of failing to print the wick extension on some of the reversal bars.

Using the settings of: Tick Trend = 1, Tick Reversal = 5, on the reversal bar, there should be a one tick extension beyond the prior trend bar. For example, many times, the high of the last up trend bar equals the high of the down reversal bar.

This is a problem if you have an indicator that keys off that print, like the PriceActionSwing indicator, which may also create a problem when creating a strategy using the UniRenko bars.

Is anyone aware of this issue, and a solution?

If the explanation isnít clear, I would be willing to post a picture if I knew how to. Please direct me to instructions, if that is useful.

Thank you.

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  #685 (permalink)
Elite Member
New York, NY
 
Trading Experience: Intermediate
Platform: NinjaTrader8
Broker/Data: Data = Rithmic -- Gives 70 Level II Data
Favorite Futures: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
 
Posts: 1,022 since May 2011
Thanks: 1,458 given, 707 received

Embed an image


laenxin View Post
I have examined the UniRenko bars using both the the (earlier created) Sim22 Bar Type indicator from the futures.io NT8 download section, and the Bar Type indicator from the NinjaTrader EcoSystem downloads.

I don’t know if NT used the Sim22 coding to create their indicator, but both have the same problem of failing to print the wick extension on some of the reversal bars.

Using the settings of: Tick Trend = 1, Tick Reversal = 5, on the reversal bar, there should be a one tick extension beyond the prior trend bar. For example, many times, the high of the last up trend bar equals the high of the down reversal bar.

This is a problem if you have an indicator that keys off that print, like the PriceActionSwing indicator, which may also create a problem when creating a strategy using the UniRenko bars.

Is anyone aware of this issue, and a solution?

If the explanation isn’t clear, I would be willing to post a picture if I knew how to. Please direct me to instructions, if that is useful.

Thank you.

@laenxin, Not sure if an image is required for someone else to assist you but to do it:

Select edit on your last post since you may edit up to 24 hrs.

Go Advanced to get to the full edit capability.

Scroll down and select Manage Attachments. Browse to your image file and select upload. Once uploaded it will be listed in the attachments screen. Select Embed so it will show up in post rather than just be a file.

Submit and you should be good. Typically I do not list a reason for the edit but some people do.


Last edited by jmont1; February 13th, 2019 at 03:07 PM.
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