NoGapRangeBars / RangeNoGap - NinjaTrader | futures io social day trading
futures io futures trading


NoGapRangeBars / RangeNoGap
Updated: Views / Replies:27,158 / 97
Created: by RJay Attachments:30

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 30  
 
Thread Tools Search this Thread
 

NoGapRangeBars / RangeNoGap

  #31 (permalink)
Elite Member
Sydney, NS
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Zen-Fire
Favorite Futures: TF,S,GC
 
cclsys's Avatar
 
Posts: 607 since Nov 2009
Thanks: 248 given, 379 received

Just coded an experimental RAT using Median Renkos. Looks promising....go with the LT trend, catch a ride. Indicator shows entries and exits each bar - basically same logic as the RangeBar High Low which only plots current bar.

Posted in: https://futures.io/free_downloads/ninjatrader/indicators/171-download.html?view

Attached Thumbnails
NoGapRangeBars / RangeNoGap-bm-1124-oily-rat-back.png  

Last edited by ZTR; March 16th, 2010 at 04:29 PM. Reason: In downloads
Reply With Quote
 
  #32 (permalink)
 Vendor: www.innovative-trading-solutions-online.com 
Hartford, CT. USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG, Kinetick
Favorite Futures: TF
 
RJay's Avatar
 
Posts: 677 since Jun 2009
Thanks: 726 given, 740 received


cclsys View Post
RJay, thanks for your Median Renko.

If you feel inspired, could you please explain why you think they deserve a medal?

Also, could you explain the 'rules' of the Median bar formation.

I would like to write something that can plot the point at which a new bar will be formed in either direction, similar to what I have for Range Bars. I find it very helpful with such bars. The Renkos do seem superior in terms of identifying and sticking with trend moves. But also they can take some wicked whipsaws it seems.

Am I right that these Medians essentially follow the original Renkos but just plot what is happening better versus the current action being missing until new bar is formed?

Or is there something more going on?

PS/Hint: If you feel inspired to code up something like my RangeBarHighLow (in downloads area) for your MedianR's, that would be wunderbar!

cclsys,

I really have to admire your enthusiasm.

Just want to clear a few things up.

MedianRenko were created by Roonius while working to create a live version of Renko Bars last summer.

Several months earlier I had a project of my own with a specific goal in mind.

I did not like the chart type selection and created one of my own that fit my requirements.

I called this chart type RenkoMedian.

You can now see the confusion.

The two charts look somewhat similar but the coding is not.

Roonius posted his. I have not. My choice!!!

I have shared NoGapRangeBars here as well as dozens of indicators.

I will take a peek at what your posting but will not make any promises.

I am extremely busy with my own projects.

RJay

Reply With Quote
 
  #33 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received

No Gap


RJay,

Than you for your contribution. My students were going nuts over NT's way of plotting range bars. I use TS myself so have not had this problem.

Thank you
JamTheTrader
customersupport@signaltrading.net

Reply With Quote
 
  #34 (permalink)
Elite Member
Phoenix AZ USA
 
Futures Experience: Advanced
Platform: SierraChart
Broker/Data: TradePro/TransAct
Favorite Futures: NQ YM RTY
 
Posts: 295 since Nov 2009
Thanks: 125 given, 338 received


RJay View Post
As promised, here is the first of my contributions.

I can't stand the way NT's Range Bars have that stupid gap.

Or how the first tick of bar is colored the reverse direction of where it is going. And who needs that extra noise when the market is going sideways.

Attached is NT's Range bars with a slight modification on where the bar start occurs. I think it makes for a cleaner chart.

Let me know what you think. If this is a keeper, I can put it in the download section.

As always, please test before using live.

Update: Zip file has been relocated to the misc download area.

Have Fun,

RJay

RJay,

Where is the NoGapRangeBars attachment? Am I missing something? I'd like to try it.

Thanks,
-Tom

Reply With Quote
 
  #35 (permalink)
Banned: trolling
NYC + NY / USA
 
Futures Experience: Advanced
Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
Favorite Futures: EMD, 6J, ZB
 
kronie's Avatar
 
Posts: 798 since Oct 2009
Thanks: 216 given, 498 received


cclsys View Post
Just coded an experimental RAT using Median Renkos. Looks promising....go with the LT trend, catch a ride. Indicator shows entries and exits each bar - basically same logic as the RangeBar High Low which only plots current bar.


what is that askbartimer?
does it require, under ninja, constant feed, so if you rescale, resize or chnge symbols, you loose the data from the volume analysis of the prior bars, ticks, up, downs, etc?

please perhaps post a download link, unless restricted to VIP section only (that sort of thing, don't want to violate rules or anything)

thanks in advance

Reply With Quote
 
  #36 (permalink)
 Vendor: www.innovative-trading-solutions-online.com 
Hartford, CT. USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG, Kinetick
Favorite Futures: TF
 
RJay's Avatar
 
Posts: 677 since Jun 2009
Thanks: 726 given, 740 received


tomgilb View Post
RJay,

Where is the NoGapRangeBars attachment? Am I missing something? I'd like to try it.

Thanks,
-Tom


Update: Zip file has been relocated to the misc download area.

Reply With Quote
 
  #37 (permalink)
Elite Member
Phoenix AZ USA
 
Futures Experience: Advanced
Platform: SierraChart
Broker/Data: TradePro/TransAct
Favorite Futures: NQ YM RTY
 
Posts: 295 since Nov 2009
Thanks: 125 given, 338 received


RJay View Post
Update: Zip file has been relocated to the misc download area.


Thank, RJay!

Here the new location:
https://futures.io/free_downloads/ninjatrader/misc/113-download.html?view

-Tom

Reply With Quote
The following 3 users say Thank You to tomgilb for this post:
 
  #38 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received

RJay,

Please have a look at these charts and notice that the 4 range and 4 range no gap are almost identical and the 5 range no gap does not match the 4 rand gap at all with the same instrument same data vendor. Does this just back fill?

Thanks in advance.

JamTheTrader

Attached Thumbnails
NoGapRangeBars / RangeNoGap-gbpusd-12_18_2009-4-range-.jpg   NoGapRangeBars / RangeNoGap-gbpusd-12_18_2009-4-rangenogap-.jpg   NoGapRangeBars / RangeNoGap-gbpusd-12_18_2009-5-rangenogap-.jpg  
Reply With Quote
 
  #39 (permalink)
 Vendor: www.innovative-trading-solutions-online.com 
Hartford, CT. USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG, Kinetick
Favorite Futures: TF
 
RJay's Avatar
 
Posts: 677 since Jun 2009
Thanks: 726 given, 740 received


JamTheTrader View Post
RJay,

Please have a look at these charts and notice that the 4 range and 4 range no gap are almost identical and the 5 range no gap does not match the 4 rand gap at all with the same instrument same data vendor. Does this just back fill?

Thanks in advance.

JamTheTrader

JamTheTrader,

5 RangeNoGap is comparable to NT's 4 Range bars.

Both need 5 ticks to create a new bar.

If the charts start at different times, plus NT's reverse First tick gap issues will result in slightly different looking charts.

Looking at your images lined up, 1 and 3 certainly look similar to me.

RJay

Reply With Quote
 
  #40 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received


Thanks for clarifying

Jam

Reply With Quote

Reply



futures io > > > > NoGapRangeBars / RangeNoGap

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
NT7 - NoGapRangeBars not updating hunter548 The Elite Circle 6 January 12th, 2011 08:27 PM
RangeNoGap vs Range bars emini_Holy_Grail Traders Hideout 7 December 14th, 2010 08:11 PM
Is anyone using the RangeNoGap bars in NT7? I use them alot Todd NinjaTrader 9 May 15th, 2010 04:24 PM
Does anyone know if SBSRenko and RangeNoGap bars work in NT7 Todd NinjaTrader 3 May 14th, 2010 04:23 PM


All times are GMT -4. The time now is 10:53 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2017-12-13 in 0.15 seconds with 20 queries on phoenix via your IP 54.227.51.103