NexusFi: Find Your Edge


Home Menu

 





Renko bars not working in NT7


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one aslan with 16 posts (40 thanks)
    2. looks_two zikonc with 14 posts (1 thanks)
    3. looks_3 RJay with 11 posts (7 thanks)
    4. looks_4 Todd with 8 posts (0 thanks)
      Best Posters
    1. looks_one roonius with 3.3 thanks per post
    2. looks_two gregid with 3.1 thanks per post
    3. looks_3 aslan with 2.5 thanks per post
    4. looks_4 RJay with 0.6 thanks per post
    1. trending_up 44,918 views
    2. thumb_up 89 thanks given
    3. group 21 followers
    1. forum 109 posts
    2. attach_file 24 attachments




 
Search this Thread

Renko bars not working in NT7

  #51 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
Platform: ALT
Trading: ES
Posts: 625 since Jan 2010
Thanks Given: 356
Thanks Received: 1,127

I agree that the "change" in post #35 should be used with caution. I have seen previous versions of the beta crash with that change (seems ok in current B15). Of course that means NT7 may still have issues. The problem is NT does not officially support it, so when you have an issue they are not going to fix it.

The other reason I would be careful is that you potentially get different bars every day you load data if you do not reset at the session boundary. Generally this is not too big a deal, but when you are backtesting you may get different results if you do not use a fixed set of dates. Even day to day, if you go back and look at your trades on a chart, the bars may be different than when you actually entered a trade. By resetting at the session boundary, it does not matter what day you start on, the bars will be the same.

I dont think there is a right answer in how to handle this part of bar creation, and it should be left to the user as a user preference (some platforms have this option).

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
Futures True Range Report
The Elite Circle
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
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
Battlestations: Show us your trading desks!
26 thanks
The Program
18 thanks
  #52 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
Thanks Given: 98
Thanks Received: 76

I agree that NT should leave bar resets as a preference, just like roonius did with 1=yes variable ....... I hope they'll implement this feature in future releases .......

Reply With Quote
  #53 (permalink)
 syxforex 
British Columbia
 
Experience: Advanced
Platform: NINJA
Broker: ZEN
Trading: Crude
Posts: 1,091 since May 2010


Aslan, thanks so much for the WikedRenko for NT7. I'm lovin' it! And renko is loving me too!!


aslan View Post
I believe these are not supported in NT 7, as NT 7 supports Renko Bars natively.


Visit my NexusFi Trade Journal Reply With Quote
  #54 (permalink)
 verge 
Cape Town, South Africa
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-fire
Trading: EUR/USD
Posts: 41 since Aug 2009
Thanks Given: 22
Thanks Received: 12

Please see attached screen shot indicating weird behavior of MedianRenko_NT7. I know that Roonius does not support MedianRenko (not even in NT6.5) and I think the guy who ported it to NT7 did say use with caution - but I am one of the ones that thought it worked fine until I saw the attached screen - so I thought I should warn against it.

I know some people may want to apply the fixes applied to SBSrenko to MedianRenko - but I think there may be other issues as well.

Attached Thumbnails
Click image for larger version

Name:	6E 06-10 (MedianRenko 3 Ticks)  2010_04_23.jpg
Views:	316
Size:	118.8 KB
ID:	13423  
Reply With Quote
  #55 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
Thanks Given: 98
Thanks Received: 76

I noticed that Roonius SbSRenko conversion also works a lot more efficiently ...... on SbS v1 my CPU fan was working very hard on 2t chart where as now it runs and reloads with an ease .... thanks again to Roonius ......

Reply With Quote
  #56 (permalink)
 
RJay's Avatar
 RJay 
Hartford, CT. USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG, Kinetick
Trading: RTY
Posts: 682 since Jun 2009
Thanks Given: 756
Thanks Received: 787

FYI to all,

I noticed this morning that WickedRenko on a 1 tick setting will not load a chart.

With current version, chart tick setting must be 2 or larger!!!

If anyone else can a chart to display a 1 tick setting, post your version or send it to me.

Thanks,

RJay

Reply With Quote
  #57 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
Platform: ALT
Trading: ES
Posts: 625 since Jan 2010
Thanks Given: 356
Thanks Received: 1,127


RJay View Post
I noticed this morning that WickedRenko on a 1 tick setting will not load a chart.

With current version, chart tick setting must be 2 or larger!!!

Works fine for me (normal posted version on B15).

Attached Thumbnails
Click image for larger version

Name:	wicked 1 tick.png
Views:	294
Size:	12.1 KB
ID:	13466  
Reply With Quote
  #58 (permalink)
 
RJay's Avatar
 RJay 
Hartford, CT. USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG, Kinetick
Trading: RTY
Posts: 682 since Jun 2009
Thanks Given: 756
Thanks Received: 787

NT's Renko on a 1 tick setting, is crashing NT. Can you verify that for me???

Will replace WickedRenko file with yours in post 32.

Reply With Quote
  #59 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
Platform: ALT
Trading: ES
Posts: 625 since Jan 2010
Thanks Given: 356
Thanks Received: 1,127

NT Renko works for me for one tick box size as well.

Did you remove the bar reset on session break code? If so, you might try putting that back, perhaps you have exposed an issue in NT.

Reply With Quote
Thanked by:
  #60 (permalink)
 
RJay's Avatar
 RJay 
Hartford, CT. USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG, Kinetick
Trading: RTY
Posts: 682 since Jun 2009
Thanks Given: 756
Thanks Received: 787



aslan View Post
NT Renko works for me for one tick box size as well.

Did you remove the bar reset on session break code? If so, you might try putting that back, perhaps you have exposed an issue in NT.


Everything is working now!!! Sure is strange. Renko and Wicked Renko are tied together some how!!!

Thanks for your help!!!

RJay

Reply With Quote




Last Updated on January 23, 2012


© 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