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I've got the unirenko bars working, but i'm having an issue with them when I check the tick replay in the data series properties. When I do this I start getting major distortions in the plot, completely unusable. Have you any issues with your formatting when you check market replay, correction, tick replay???
Thanks for your help, not having much luck with this platform. I quite like the unirenko bar type, but I need it to work with a delta momentum indicator, which doesn't appear to be available anywhere, anybody using these for NT8?
Yes it was unirenko. By 'tick replay' do you mean market replay?
It's been a while, but I think remember the market replay gave similar results to real time.. Once I found out that real time it wasn't working and realized what was going on, I abandoned this bar type. I believe unirenko should not be used for indicators, strategies, or automated trading. The "true edge" only exists in backtesting.
Any 'artificial' bar type that does not show the open, high, low, and close accurately is deceiving. Be careful.
Hello, this is my first post here and i have a couple of questions regarding this bar type.My first questions is there anybody trading in real time getting good results with the it,and my second questions is what's the big deal about the open,high,low,close of the bar as long as you get filled at the price you want and exist at the price you want out at?
About your first question, I know a few traders who have used Unirenko successfully. One thread where this is documented is 'The Scalper's Journey'. You need however to be an Elite member to view it. I am sure others can chip in and speak about their experience with Unirenko.
As for your second question, if you are referring to the artificial open for this bar type, I don't think there is a big deal about it, but people just need to be mindful that some prices may be artificial, which means price for a specific bar may not necessarily have touched the marked where the bar says it did. To some it may be important, to others it may not, that's all.
This indicator looks great Randal, unfortunately this version available in the download section, authored by Sim22, will only work on naked charts, and some basic indicators. It cannot be used with bid/ask tick data, it will crash your charts. It would be nice if could be fixed up, but nobody has volunteered to do so. You can buy a professionally coded version from RJay at innovative trading solutions, or from purelogictrading.com. There is a free version available at Ninza.com, but it's a dll file. Unirenko here is not up to snuff though, don't use it...
