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UniRenko, Universal Renko Bar Type


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UniRenko, Universal Renko Bar Type

  #41 (permalink)
 ValLiant 
redding, CA
 
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Monpere,
thanks for the unirenko's! ... i was wondering is there a relatively easy way to take the UniRenkoBarCloses indicator and tweek it so it reads any bar type like Range bars Renko etc... i was trying to get it to work on a few of the different bar types like Rjays RangeNoGap bar but wasnt having much luck... thought this might be a good place to see if it has already been done.
thanks

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  #42 (permalink)
 
monpere's Avatar
 monpere 
Bala, PA, USA
 
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ValLiant View Post
Monpere,
thanks for the unirenko's! ... i was wondering is there a relatively easy way to take the UniRenkoBarCloses indicator and tweek it so it reads any bar type like Range bars Renko etc... i was trying to get it to work on a few of the different bar types like Rjays RangeNoGap bar but wasnt having much luck... thought this might be a good place to see if it has already been done.
thanks

This was written specifically for UniRenko bars. There are other indicators out there that work for range bars and perhaps other bar types. Here's one that I know about:

Range Bar Predictor

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  #43 (permalink)
 
sudhirc's Avatar
 sudhirc 
detroit,mi
sc
 
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Hi,

Can some one tell me how to access/open the script for UniRenko to review the code.

Thank you,
Sudhirc

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  #44 (permalink)
 
NJAMC's Avatar
 NJAMC 
Atkinson, NH USA
Market Wizard
 
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sudhirc View Post
Hi,

Can some one tell me how to access/open the script for UniRenko to review the code.

Thank you,
Sudhirc

Notepad or similar text editor. NT7 script editor will not open files outside the Indicator/Scripts folders.

Nil per os
-NJAMC [Generic Programmer]

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  #45 (permalink)
shanemcdonald28
new york
 
Posts: 355 since Mar 2012
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thanks
I am having great fun testing strategies.

Plethora,
I like those indicators you have on the chart images you posted.
What are they ?

thanks

shane

I am having great testing results live with uni set to 8/8/16 on crude oil
It shows reversals very well.
Working great on trendline reversal and also on a rising ADX strategy. Both automated.
It shows the ADX lines very cleanly and smooth; perfect for autotrading.
Just have to figure out the profit targets and stop losses.

thanks

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  #46 (permalink)
shanemcdonald28
new york
 
Posts: 355 since Mar 2012
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also
what slippage settings are best for backtesting ?
Live testing will show your slippage without the need for adding slippage settings, correct ?

thanks
shane

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  #47 (permalink)
 
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 plethora 
Los Angeles, CA
 
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shanemcdonald28 View Post
thanks
I am having great fun testing strategies.

Plethora,
I like those indicators you have on the chart images you posted.
What are they ?

thanks


I've been testing, too, Shane -- and no indicators are necessary.
Here are your settings!

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  #48 (permalink)
 
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 Blash 
Chicago, IL
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I just have to say I love this bar type, thanks so much....

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  #49 (permalink)
 
philipp's Avatar
 philipp 
zürich/ switzerland
 
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monpere View Post
A number of people have asked for this, so I wrote an indicator to mark the projected bar closes:


hi monpere,

would it be possible to add an option to select the colour and the font size of the letters?

or could you please tell me where to change the code for having the letters in white and a bit larger?

thanks in advance

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  #50 (permalink)
 TraderG 
Toronto
 
Experience: Intermediate
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Hi monpere

Looks like you can only open the current futures contract using this bar type. I rolled over to CL 02-13. If I try to open a CL 01-03 chart, I get a blank chart. Is this a fixable problem?

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