UniRenko, Universal Renko Bar Type

February 13th, 2013, 12:30 AM

My first post is here on this thread. Am liking what I see - thanks to all all contributors. Now the painful part - how to I install the unirenko, I've imported it as a ninja script but don't see it anywhere when right clicking on a chart. I am a complete noobie with NinjaT so sorry to clutter the thread - but can someone point me in the right direction.

many thanks,

Steve

February 13th, 2013, 01:13 AM

right click on chart
hit data series
check under "type" and you should see it there

February 13th, 2013, 01:52 AM

stevejm

My first post is here on this thread. Am liking what I see - thanks to all all contributors. Now the painful part - how to I install the unirenko, I've imported it as a ninja script but don't see it anywhere when right clicking on a chart. I am a complete noobie with NinjaT so sorry to clutter the thread - but can someone point me in the right direction.

many thanks,

Steve

Seem to recall reading somewhere that Ninja requires a restart after loading a new data series type before it shows up, but don't quote me as I don't use any so have no proof.

February 13th, 2013, 06:29 PM

Ratfink and DJoyce - many thanks - yep now I have it. I need to run myself through some ninjatrader tutorials.

Anybody else have a methodology/market they have used successfully?

Steve

February 13th, 2013, 07:18 PM

stevejm

Ratfink and DJoyce - many thanks - yep now I have it. I need to run myself through some ninjatrader tutorials.

Anybody else have a methodology/market they have used successfully?

Steve

hi
crude oil unirenko set to 6/18/6 and macd set to 10/22 and smoothing set to 5 or 7.
use croosover for entry and discretionary exit, or use crossover for exit.

this can be automated easily in Ninja Trader and works well

February 14th, 2013, 09:29 AM

shanemcdonald28

hi
crude oil unirenko set to 6/18/6 and macd set to 10/22 and smoothing set to 5 or 7.
use croosover for entry and discretionary exit, or use crossover for exit.

this can be automated easily in Ninja Trader and works well

Hi,

could you clarify which setting is which as the the uni renko does not list these settings in the same order when you go from the data series to the tab on the top left of the chart.

This is a great bar to take out the noise and it would be fab if members posted their preferred settings (along with their favorite associated indicators and settings) here for us all to try out.

Thanks for your post Shane.

February 14th, 2013, 09:35 AM

shanemcdonald28

hi
crude oil unirenko set to 6/18/6 and macd set to 10/22 and smoothing set to 5 or 7.
use croosover for entry and discretionary exit, or use crossover for exit.

this can be automated easily in Ninja Trader and works well

Those settings are pretty interesting. They show consolidation pretty well.

February 14th, 2013, 09:38 AM

hi
sorry about that

open offset 6
tick trend 6
tick reversal 18, or 24

open 8
tick trend 8
tick reversal 24

open 12
tick trend 12
tick reversal 24

the adx becomes clear and smooth with these settings also. The adxvma works great also.

the 6 and 8 are too fast for gold
the 12 works if you want to swing trade instead at a slower pace.

shane

February 14th, 2013, 10:10 AM

MWinfrey

Those settings are pretty interesting. They show consolidation pretty well.

yes they show consolidation quite well. Consequently, breakouts show very well also.

shane

February 14th, 2013, 10:31 AM

Shane try these for fit.

T 4
R 28
O 14

I have found these to work very well without anything else. For instance these setting have totally eliminated the CL chop over the last couple of hours. How bad..?!

the combinations are endless so it would be great if people would gel a bit more and start posting their better settings and details.

UniRenko, Universal Renko Bar Type

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UniRenko, Universal Renko Bar Type