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I don't understand what you're trying to do with the calculations. Just try different bar settings and see how you like. For CL I've tried 8,10,12,14,16,20. Still playing around to see what I like best. No right or wrong, no magic formula. Just trial & error.
Can you help answer these questions from other members on NexusFi?
I don't do trial and error !!!!! I'm not looking for any magic formula !!!!!! I'm not looking for rights or wrongs !!!!! I don't depend on LUCK because there is NOTHING as such. I want to profitably trade as a serious business, NOT part-time.
yroyal had earlier responded to how he arrived at his "MedianRenko 200" setting. I'm curious to know.
You are offensive in your language to me, I deserve an apology from you.
lolu hes not being offensive he's just has his personality and we are all working together with different minds and different understanding of the big picture,i have my personality that helps me and others and you have your's i dont think we should be having to apoligize to each other we are trying our best to help each other but sometimes you have to trial and error things i do it for hrs at a time days on end to come up with the best advice for you guys...sharky
I thought about this and I have lost a lot of money by not using stops so now I use them religiously. But, I put them where they're not as likely to be hit. And I try to bail before my stop is hit, based on the price action & candles.
In my usual trading I go for turning points. So I'd like to try using renko to do the same. So I will look to go short when the eco changes color and put my stop above/below the swing high/low.
Still working out the details. So far it seems to work better than using minute and/or tick charts.
im working on some new paint bars that should help alittle cunparis just need a week or so more to finish them got so many complicated projects that zeller and richard and i are working on its taking us a long time to finish one,but the new sharkfin will be nicer than the first one...sharky
your welcome my friend its just this crap is frustrating and i put hundreds of hrs into trial and error so you guys dont have to but sometimes there is no way around it lol and you have too also it sucks but thats the reality of it i promise we wont stop till we get you guys all trading well...sharky
Peter, If I read Roonius' post correctly, I think he was saying HE didn't like the way it was calculating the "close" of bar, but "other than that, It works just fine". I've been using them for a long time & must agree they 'smooth' out a awful lot of noise you find on other type charts (Min, Range, Point-o, etc.).
After all, it's what you learn AFTER you know it all, that counts!
