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


UniRenko, Universal Renko Bar Type
Started: by monpere Views / Replies:176,823 / 562
Last Reply: Attachments:101

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
 101  
 
Thread Tools Search this Thread
 

UniRenko, Universal Renko Bar Type

  #61 (permalink)
Elite Member
Ocala, FL
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: Crude, Euro, ES
 
nillz123's Avatar
 
Posts: 44 since Aug 2010
Thanks: 25 given, 30 received

Phenomenal

This bar type is absolutely phenomenal and deserves an award from the forum. Thank You!

Reply With Quote
The following 3 users say Thank You to nillz123 for this post:
 
  #62 (permalink)
davidepalmer
Duluth GA USA
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: 6e and YM
 
Posts: 38 since Jul 2012
Thanks: 74 given, 36 received

Award Winning

I agree that the UniRenko Bar is fantastic. We have started using it to scalp with the settings of 1/1/4 instead of the std settings with great results. Very clear reversals, trend change and clarity. I think that it deserves a BM Award as well. Thx for sharing it with us.
David Palmer

Reply With Quote
The following 8 users say Thank You to davidepalmer01 for this post:
 
  #63 (permalink)
Elite Member
Holland, Michigan
 
Futures Experience: None
Platform: ninjatrader
Broker/Data: CQG
Favorite Futures: Acoustic Guitar
 
trs3042's Avatar
 
Posts: 1,802 since Jun 2009
Thanks: 23,771 given, 5,600 received



davidepalmer01 View Post
I agree that the UniRenko Bar is fantastic. We have started using it to scalp with the settings of 1/1/4 instead of the std settings with great results. Very clear reversals, trend change and clarity. I think that it deserves a BM Award as well. Thx for sharing it with us.
David Palmer

@davidepalmer01

Just started looking at this bar type. Curious about what market(s) your scalping with those settings and if your using indicators or just price action.


Thank you,

Rick

"If you're going to panic during a trade............. panic early."
Reply With Quote
The following user says Thank You to trs3042 for this post:
 
  #64 (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, 568 received


davidepalmer01 View Post
I agree that the UniRenko Bar is fantastic. We have started using it to scalp with the settings of 1/1/4 instead of the std settings with great results. Very clear reversals, trend change and clarity. I think that it deserves a BM Award as well. Thx for sharing it with us.
David Palmer

hi
I also find that ratio works very well on unirenko
I am using 4/4/8 and 4/4/16 with great success on swing trades. Momentum oscillators like MACD work well on that setting for oil.
For gold, 2/2/8 is nice too.

I agree about the 1/1/4 ratio for clarity.

shane

Reply With Quote
The following 4 users say Thank You to shanemcdonald28 for this post:
 
  #65 (permalink)
Elite Member
Ghost Ranch NM
 
Futures Experience: Intermediate
Platform: NT / Rithmic
Broker/Data: Vision/Rithmic
Favorite Futures: NQ YM
 
Posts: 78 since Mar 2010
Thanks: 4,004 given, 53 received

Audio Alert

Futures Edge on FIO

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

@monpere,

Would it be possible to add an audio alert to this indy ? When ever a new bar forms it would Ping ?

You bar type has really made a difference in my bottom line . . . thx for your contribution . . .

rickr

You get out of trading what you want. With daily intention, you can carve a trading career, more importantly a life, directed and produced by you . . . Bella
Reply With Quote
 
  #66 (permalink)
kman
victor ny
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: RCG/Zen-Fire
Favorite Futures: eur; cl
 
kman's Avatar
 
Posts: 289 since Nov 2009
Thanks: 579 given, 102 received

download

Ive imported the indicator but cant seem to find it. Any ideas?

Reply With Quote
The following user says Thank You to kman for this post:
 
  #67 (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, 109 received


rickr View Post
@monpere,

Would it be possible to add an audio alert to this indy ? When ever a new bar forms it would Ping ?

You bar type has really made a difference in my bottom line . . . thx for your contribution . . .

may this is what youre looking for

Attached Files
Register to download File Type: cs NewBarAlert.cs (5.6 KB, 146 views)
Reply With Quote
The following 4 users say Thank You to philipp for this post:
 
  #68 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,797 since Jun 2009
Thanks: 29,090 given, 81,351 received


kman View Post
Ive imported the indicator but cant seem to find it. Any ideas?

It is a bar type, it won't show up on indicator list but rather the dataseries type. You might need to exit and restart Ninja.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
  #69 (permalink)
kman
victor ny
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: RCG/Zen-Fire
Favorite Futures: eur; cl
 
kman's Avatar
 
Posts: 289 since Nov 2009
Thanks: 579 given, 102 received

bar type

Thanks Mike. I thought of that and its not there either, Going to try and import again

Reply With Quote
The following user says Thank You to kman for this post:
 
  #70 (permalink)
Elite Member
london uk
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: Stocks
 
tellytub's Avatar
 
Posts: 409 since Jun 2009
Thanks: 333 given, 118 received



shanemcdonald28 View Post
hi
I also find that ratio works very well on unirenko
I am using 4/4/8 and 4/4/16 with great success on swing trades. Momentum oscillators like MACD work well on that setting for oil.
For gold, 2/2/8 is nice too.

I agree about the 1/1/4 ratio for clarity.

shane

am I correct in saying the open of the next bar isn't the real open?

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)
 

Mastering Trading Pysychology w/Brett Steenbarger & Trading Technologies

Elite only

Spring Grains Outlook w/Sean Lusk @ Walsh Trading

Elite only

FIO Video Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

April

Process above all else w/Anthony Crudele @ Futures Radio Show

Elite only

Machine Learning - Quantitative Trading w/Martin Froehler @ Quantiacs

Elite only

Ask Me Anything w/Patrick Rooney @ Trading Technologies

Apr 18

Ask Me Anything w/FuturesTrader71

Apr 19

Machine Learning w/Kris Longmore

Elite only

Market Analysis w/Dave Forss

Apr 25

Introducing iSystems with Stage 5 Trading

Apr 27
     

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 02:36 AM.

no new posts
Page generated 2017-03-23 in 0.14 seconds with 20 queries on phoenix via your IP 54.145.208.160