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

  #321 (permalink)
 sukhsan 
Ottawa, Canada
 
Experience: Beginner
Platform: Ninja
Broker: Mirus,Zen-Fire
Trading: Currencies
Posts: 120 since Jun 2009
Thanks Given: 109
Thanks Received: 79

@DCB
You have another bar type which is conflicting with unirenko

Do not let a LOOSING TRADE determine to trade again UNLESS loosing trade is NOT DUE TO MISTAKE
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Better Renko Gaps
The Elite Circle
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
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
The Program
18 thanks
Battlestations: Show us your trading desks!
18 thanks
  #322 (permalink)
 
trs3042's Avatar
 trs3042 
Holland, Michigan
 
Experience: None
Platform: ninjatrader
Broker: CQG
Trading: Acoustic Guitar
Posts: 1,617 since Jun 2009
Thanks Given: 23,764
Thanks Received: 5,616


DeadCatBounced View Post
Ok I downloaded the new one from the link @trs3042 provided. Put it in 'Type' folder. But I still do not see it in that dropdown menu.

Go here to download. Import like normal.



Rick

"If you're going to panic during a trade............. panic early."
Reply With Quote
  #323 (permalink)
 
aligator's Avatar
 aligator 
Las Vegas, NV
Market Wizard
 
Experience: Advanced
Platform: Abacus, Slide Rule, HP-65
Trading: Futures, Stocks, Options
Posts: 3,615 since Aug 2010
Thanks Given: 1,071
Thanks Received: 5,988


I think perhaps you need to edit the code and change the bar type location to a "Custom#" address that is available on your Ninja.

There are 10 Custom locations (0-9) and 4 or 5 Finals (1-4). First find your empty locations (there is an indicator on futures.io (formerly BMT) that will report your empty custom locations). Then edit the code and copy it in Type folder.

Cheers!

Visit my NexusFi Trade Journal Reply With Quote
  #324 (permalink)
 
DeadCatBounced's Avatar
 DeadCatBounced 
Baltimore MD US
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, NQ
Posts: 293 since Apr 2013
Thanks Given: 1,514
Thanks Received: 736


aligator View Post
I think perhaps you need to edit the code and change the bar type location to a "Custom#" address that is available on your Ninja.

There are 10 Custom locations (0-9) and 4 or 5 Finals (1-4). First find your empty locations (there is an indicator on futures.io (formerly BMT) that will report your empty custom locations). Then edit the code and copy it in Type folder.

Cheers!

Thanks yeah I think this is the issue - I have one computer where I do trade and the other is for fiddling with different things, i installed it no problem on my work computer but having issues on the fiddling one so I think I can sort it out now.

Thanks alot!

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #325 (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


aligator View Post
I think perhaps you need to edit the code and change the bar type location to a "Custom#" address that is available on your Ninja.

There are 10 Custom locations (0-9) and 4 or 5 Finals (1-4). First find your empty locations (there is an indicator on nexusfi.com (formerly BMT) that will report your empty custom locations). Then edit the code and copy it in Type folder.

Cheers!

the indicator mentioned above is here:



another possibility is to go to data series and then right click in period type:


Reply With Quote
  #326 (permalink)
 
WolfieWolf's Avatar
 WolfieWolf 
Charlottetown, Prince Edward Island
 
Experience: Advanced
Platform: Ninja
Broker: Optimus - Rithmic
Trading: GC
Posts: 232 since Jul 2010
Thanks Given: 100
Thanks Received: 272

Hi,

Has anyone attempt to implement UniRenko in a MTF strategy? I've discovered some weirdness and wondered if anyone had any ideas. The strategy is based on two bar series, both UniRenko; COBC=false. I want to calculate the Primary bar series on the tick level but for the secondary I have specified:

if (BarsInProgress == 1 && FirstTickOfBar)

to simulate COBC=true for the secondary bar series.

I have no issues with the primary data series however when I attempt to use, say, Closes[1][1] for the Secondary data series I get the correct values with the Print statement however a simple statement like:

if (Closes[1][1] < Closes[1][2])

seems to be ignored. I've used that exact statement as a condition to fire an order and even though the secondary series is printing the opposite (I brought up a second chart of the secondary time frame) the order is still executed. I purposely excluded Closes[1][0] as I am aware that Ninja can truncate the last bar of the smaller time frame in real-time MTF.

Just wondering if anyone has any experience with this? BTW: If I swap out the UniRenko for any other period type, minute, tick, volume, even a commercial Renko implementation, the script works as expected. BTW: I'm doing all my testing in market replay. I'm aware of issues with high speed testing so I've allowed this to crawl along at 1X speed around the time I know a false positive should appear.

Thanks in advance.

Reply With Quote
  #327 (permalink)
 
profits's Avatar
 profits 
Toronto
 
Experience: Intermediate
Platform: NinjaTrader
Trading: financial futures
Posts: 29 since Mar 2013
Thanks Given: 79
Thanks Received: 40


WolfieWolf View Post
Hi,

Has anyone attempt to implement UniRenko in a MTF strategy? I've discovered some weirdness and wondered if anyone had any ideas. The strategy is based on two bar series, both UniRenko; COBC=false. I want to calculate the Primary bar series on the tick level but for the secondary I have specified:

if (BarsInProgress == 1 && FirstTickOfBar)

to simulate COBC=true for the secondary bar series.

I have no issues with the primary data series however when I attempt to use, say, Closes[1][1] for the Secondary data series I get the correct values with the Print statement however a simple statement like:

if (Closes[1][1] < Closes[1][2])

seems to be ignored. I've used that exact statement as a condition to fire an order and even though the secondary series is printing the opposite (I brought up a second chart of the secondary time frame) the order is still executed. I purposely excluded Closes[1][0] as I am aware that Ninja can truncate the last bar of the smaller time frame in real-time MTF.

Just wondering if anyone has any experience with this? BTW: If I swap out the UniRenko for any other period type, minute, tick, volume, even a commercial Renko implementation, the script works as expected. BTW: I'm doing all my testing in market replay. I'm aware of issues with high speed testing so I've allowed this to crawl along at 1X speed around the time I know a false positive should appear.

Thanks in advance.

Hi WolfieWolf, I use UniRenko in a multi-time frame strategy and I have no issues as you describe. Please make sure that you have the latest version, because there were some problems with the earlier one. I had run-time problems with the earlier version.

“Everything is hard before it is easy”
~ Johann Wolfgang von Goethe
Reply With Quote
Thanked by:
  #328 (permalink)
 
sands's Avatar
 sands 
London + UK
 
Experience: Advanced
Platform: Proprietary Analytics
Broker: Multiple broker + Multiple feed
Trading: Currently European and US equities
Posts: 443 since Dec 2013
Thanks Given: 257
Thanks Received: 234

Essentially this is a brick displaying a point and figure. Looks better than a O and X's board. Thanks for sharing I find it a very useful view of price action.

Reply With Quote
  #329 (permalink)
 
WolfieWolf's Avatar
 WolfieWolf 
Charlottetown, Prince Edward Island
 
Experience: Advanced
Platform: Ninja
Broker: Optimus - Rithmic
Trading: GC
Posts: 232 since Jul 2010
Thanks Given: 100
Thanks Received: 272


profits View Post
Hi WolfieWolf, I use UniRenko in a multi-time frame strategy and I have no issues as you describe. Please make sure that you have the latest version, because there were some problems with the earlier one. I had run-time problems with the earlier version.

Thanks for the info, I'm using version 4 according to the futures.io (formerly BMT) download section. Can you confirm this is the latest version? Thanks.

/W

Reply With Quote
  #330 (permalink)
 
profits's Avatar
 profits 
Toronto
 
Experience: Intermediate
Platform: NinjaTrader
Trading: financial futures
Posts: 29 since Mar 2013
Thanks Given: 79
Thanks Received: 40



WolfieWolf View Post
Thanks for the info, I'm using version 4 according to the futures.io (formerly BMT) download section. Can you confirm this is the latest version? Thanks.

/W

Yes, I believe that v. 4 is the latest, correctly-functioning version

“Everything is hard before it is easy”
~ Johann Wolfgang von Goethe
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