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UniRenko, Universal Renko Bar Type


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UniRenko, Universal Renko Bar Type

  #441 (permalink)
 Tom1213 
Paterson, New Jersey usa
 
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Does anyone happen to know of any indicators that will show target's of when a unirenko bar will close (or create a new one) ?

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  #442 (permalink)
 Abde 
Stuttgart / Germany
 
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Tom1213 View Post
Does anyone happen to know of any indicators that will show target's of when a unirenko bar will close (or create a new one) ?

Sure, the UniRenkoBarCloses indicator which is in the download section. Have a look here:

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  #443 (permalink)
 
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 justtrader 
San Francisco, CA
 
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Abde View Post
Sure, the UniRenkoBarCloses indicator which is in the download section. Have a look here:

I did some enhancements to this indicator. See post 400.

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  #444 (permalink)
 biegea 
Washington, DC
 
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Erez View Post
You are right, I also notice that, it doesn't occurs much and when it does, its only one tick deviation(at least what I found till now)

I have spent some limited time to try to find the cause without success.
It's not one of my major TF.

I have been reading this thread from the beginning to see if this has been called out before. It appears to be the case that one-tick discrepancies occur when there is only a single 1-contract print of a new price. So if oil is going up and was at 60.51, then the tape shows a single contract at 60.52 and then reverses, the Unirenko will show 60.51 as the high.

Have others noticed this? Is there a fix for it? (If it is raised in the most recent 10 pages or so of the thread, then hopefully I will have my own answer for it shortly.)

Thanks in advance to all in the forum from whom I have silently learned for multiple years.
Regards,
biegea

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  #445 (permalink)
 
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 trendisyourfriend 
Quebec Canada
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biegea View Post
I have been reading this thread from the beginning to see if this has been called out before. It appears to be the case that one-tick discrepancies occur when there is only a single 1-contract print of a new price. So if oil is going up and was at 60.51, then the tape shows a single contract at 60.52 and then reverses, the Unirenko will show 60.51 as the high.

Have others noticed this? Is there a fix for it? (If it is raised in the most recent 10 pages or so of the thread, then hopefully I will have my own answer for it shortly.)

Thanks in advance to all in the forum from whom I have silently learned for multiple years.
Regards,
biegea

I did not know what was the cause but the bug is still there. There is a futures.io (formerly BMT) member named Ray who has developed a paying version which is bug free.

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  #446 (permalink)
 
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 justtrader 
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trendisyourfriend View Post
I did not know what was the cause but the bug is still there. There is a futures.io (formerly BMT) member named Ray who has developed a paying version which is bug free.

Too bad Ray took advantage of futures.io (formerly BMT) and did not give back a bit to the futures.io (formerly BMT) community.

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  #447 (permalink)
 
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 lolu 
Lagos, Nigeria
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justtrader View Post
Too bad Ray took advantage of futures.io (formerly BMT) and did not give back a bit to the futures.io (formerly BMT) community.

RJay gave a bit ... RangeNoGap chart style.

Lolu

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  #448 (permalink)
 
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 TheWizard 
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Who is this "Ray" you two speak of. Do you mean @RJay? If so, Rjay gave back for years until he became a vendor and then had to abide by the BigMike's Trading Forum vendor rules and regulations. If it's someone else you are speaking of, I apologize for jumping in and commenting on this

After all, it's what you learn AFTER you know it all, that counts!
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 trendisyourfriend 
Quebec Canada
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TheWizard View Post
Who is this "Ray" you two speak of. Do you mean @RJay? If so, Rjay gave back for years until he became a vendor and then had to abide by the BigMike's Trading Forum vendor rules and regulations. If it's someone else you are speaking of, I apologize for jumping in and commenting on this

Yes that's the guy i was referring to.

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  #450 (permalink)
 
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 RJay 
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trendisyourfriend View Post
Yes that's the guy i was referring to.

Dear trendisyourfriend,

I was one of the original 20 members to this web site when Mike launched in June, 2009.

Before I became a vender, If you look in the download areas, you will find I use to share all my research for over 2 years with everyone here on futures.io (formerly BMT).

Also, I am the original inventor/creator of the Renko bar overlap concept. All others are copycats.

My chart products were available on my web site years before someone made a look alike of my original concept here on futures.io (formerly BMT) and called it UniRenko.

Other venders have helped themselves to UniRenko and sell it under their own label. I am not one of them.

Hope this clears things up for you and other newer members to futures.io (formerly BMT).

RJay

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