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FlexRenko in day trading


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FlexRenko in day trading

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  #11 (permalink)
 lemons 
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Outlander View Post
CL this morning. Regards Outlander



@Outlander
Can you provide indicator ?

In NT I wrote similar but I don't know how to programm it in ACSIL

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 Outlander 
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lemons View Post
@Outlander
Can you provide indicator ?

In NT I wrote similar but I don't know how to programm it in ACSIL


The bars are the standard FlexRenko in Sierra and no indicator. So I dont know how it Sierra coded them. Sorry I cant help you. Regards Outlander

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 lemons 
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yes I understand that its Flex renko and I use it to but when price is rising you have purple lines under ( - reversal bar lenght away ) the price and when price is falling you have blue lines ( + reversal bar lenght away ) above the price.

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Please include x,y axis on charts when posting. It's hard to have any sort of context without time and price.

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 Outlander 
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lemons View Post
yes I understand that its Flex renko and I use it to but when price is rising you have purple lines under ( - reversal bar lenght away ) the price and when price is falling you have blue lines ( + reversal bar lenght away ) above the price.

All calculation of the data is done in the spread running in the bakground of the chart. I not good at programing so I have to do it that way. The lines shows me then a new up or down bar vill be present. So I can put a stop entry if it is with the trend. Like this: =IF(AE4>AE5,AE4-8,AE4+8)
AE is the colum in the sheet for renko close. I use a simple avg input data: renko close lenght 1
the number depends on the setting of the renko. Regards Outlander

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 Outlander 
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Sorry Mike I hope this is better. Regards Outlander



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 Outlander 
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YM so far. Regards Outlander



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 cory 
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looks interesting, here is a ym on unirenko

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 Outlander 
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Not so much action in the DAX so far. Regards Outlander



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 lolu 
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Outlander View Post
All calculation of the data is done in the spread running in the bakground of the chart. I not good at programing so I have to do it that way. The lines shows me then a new up or down bar vill be present. So I can put a stop entry if it is with the trend. Like this: =IF(AE4>AE5,AE4-8,AE4+8)
AE is the colum in the sheet for renko close. I use a simple avg input data: renko close lenght 1
the number depends on the setting of the renko. Regards Outlander

Could you please post a typical Spreadsheet that shows your computation/calculation process ?

Lolu

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