What are your UniRenko settings if you dont mind me asking. Looks like 1:2:98. but when I do that with mine. I dont get the same chart.
Thanks

wshi88 

9/21/15 2 pull back trades so far. All times are PST. 1st trade, after entry, price stalled, so I got out, missed the bulk of the move. 2nd trade is better, pretty much capture the move. Extended pullback: see yellow circle. It's harder to trade than regular pullback, because the 1st pullback will often get stopped out. Should have shorted when price touched 50 EMA (yellow line). I often find that when extended pullback occurs, the next pullback will only touch 20 EMA, and the trend continues with more velocity. In hindsight, all the red circles would have been good short spots.

corbettc24 

What are your UniRenko settings if you dont mind me asking. Looks like 1:2:98. but when I do that with mine. I dont get the same chart. Thanks

You can download it here: https://nexusfi.com/392178-post297.html

Hey thanks a lot. I already have the UniRenko V.3. Why do you like V2 as opposed to V3? From your charts. the V2 has nicer reversals and are easier to read.

These look amazing and easy to follow. Wondering if anyone has experience with settings in Sierra to achieve the same in their Renko bars

jokertrader 

These look amazing and easy to follow. Wondering if anyone has experience with settings in Sierra to achieve the same in their Renko bars

Play with different Flex renko setting till you see clear swings.
Try
1-0-0
2-1-0
3-2-0
4-3-0
....

I recommend in Chart Settings to check 'v' New Bar When Exeeded

I have tried several settings as suggested and it seems to work for few days and then some other setting seems better.
Any suggestions.. i mainly trade in the morning say until 10 a., or so
I like the 1597 volume chart but would like something cleaner to get my entries in earlier and have clear stop lines

I am looking at ZN

If i were to keep it close to the 1UniRenko, any suggestions on the settings?

wshi88 

9/21/15 2 pull back trades so far. All times are PST. 1st trade, after entry, price stalled, so I got out, missed the bulk of the move. 2nd trade is better, pretty much capture the move. Extended pullback: see yellow circle. It's harder to trade than regular pullback, because the 1st pullback will often get stopped out. Should have shorted when price touched 50 EMA (yellow line). I often find that when extended pullback occurs, the next pullback will only touch 20 EMA, and the trend continues with more velocity. In hindsight, all the red circles would have been good short spots.

What are the two bottom indicators and their settings, and whats the channel? Thanks.