FlexRenko in day trading - Trading Journals | futures io social day trading
futures io futures trading


FlexRenko in day trading
Updated: Views / Replies:56,093 / 644
Created: by Outlander Attachments:418

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
 418  
 
Thread Tools Search this Thread
 

FlexRenko in day trading

  #11 (permalink)
Elite Member
Tallinn, Estonia
 
Futures Experience: Beginner
Platform: SC
Broker/Data: Oanda
Favorite Futures: USOil / West Texas Oil
 
lemons's Avatar
 
Posts: 781 since Nov 2010
Thanks: 1,400 given, 1,980 received


Outlander View Post
CL this morning. Regards Outlander


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

@Outlander
Can you provide indicator ?

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

Reply With Quote
 
  #12 (permalink)
Elite Member
Všnersborg Sweden
 
Futures Experience: Beginner
Platform: Sierra
Broker/Data: Transact
Favorite Futures: YM,EMD,DAX,CL,CG
 
Outlander's Avatar
 
Posts: 392 since Jan 2013
Thanks: 552 given, 132 received


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

Reply With Quote
 
  #13 (permalink)
Elite Member
Tallinn, Estonia
 
Futures Experience: Beginner
Platform: SC
Broker/Data: Oanda
Favorite Futures: USOil / West Texas Oil
 
lemons's Avatar
 
Posts: 781 since Nov 2010
Thanks: 1,400 given, 1,980 received


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.

Reply With Quote
 
  #14 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,163 since Jun 2009
Thanks: 29,275 given, 82,771 received

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

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #15 (permalink)
Elite Member
Všnersborg Sweden
 
Futures Experience: Beginner
Platform: Sierra
Broker/Data: Transact
Favorite Futures: YM,EMD,DAX,CL,CG
 
Outlander's Avatar
 
Posts: 392 since Jan 2013
Thanks: 552 given, 132 received


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

Reply With Quote
The following user says Thank You to Outlander for this post:
 
  #16 (permalink)
Elite Member
Všnersborg Sweden
 
Futures Experience: Beginner
Platform: Sierra
Broker/Data: Transact
Favorite Futures: YM,EMD,DAX,CL,CG
 
Outlander's Avatar
 
Posts: 392 since Jan 2013
Thanks: 552 given, 132 received

EC

Sorry Mike I hope this is better. Regards Outlander


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #17 (permalink)
Elite Member
Všnersborg Sweden
 
Futures Experience: Beginner
Platform: Sierra
Broker/Data: Transact
Favorite Futures: YM,EMD,DAX,CL,CG
 
Outlander's Avatar
 
Posts: 392 since Jan 2013
Thanks: 552 given, 132 received

YM

YM so far. Regards Outlander


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to Outlander for this post:
 
  #18 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,188 since Jun 2009
Thanks: 626 given, 6,258 received

looks interesting, here is a ym on unirenko

Attached Thumbnails
FlexRenko in day trading-ym-03-13-2-unirenko-t2r15o3-2_11_2013.jpg  
Reply With Quote
The following 3 users say Thank You to cory for this post:
 
  #19 (permalink)
Elite Member
Všnersborg Sweden
 
Futures Experience: Beginner
Platform: Sierra
Broker/Data: Transact
Favorite Futures: YM,EMD,DAX,CL,CG
 
Outlander's Avatar
 
Posts: 392 since Jan 2013
Thanks: 552 given, 132 received

DAX

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


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #20 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,438 since Jun 2009
Thanks: 998 given, 1,595 received



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

Reply With Quote

Reply



futures io > > > FlexRenko in day trading

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Introducing daytradr by Jigsaw, new stand-alone platform

Oct 19
 

RandBots: AutoTrading Bots to diversify your trading

Oct 24
 

TopstepTrader: Profiting Without Risking Your Own Money

Oct 26

Building Open Source Indicators for NT8 w/Fat Tails @ Lizard Indicators

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Day Trading Options ESFXtrader Options on Futures 72 December 21st, 2014 06:28 PM
FlexRenko aslan Sierra Chart 13 June 23rd, 2014 09:45 PM
Why not day trading? rsksmiles Traders Hideout 12 August 13th, 2012 01:07 AM
TF day trading bluemele Trading Journals 1324 July 12th, 2012 05:59 AM
Trading competition- 7% a day? lokgotkent Traders Hideout 5 October 18th, 2010 09:21 PM


All times are GMT -4. The time now is 10:54 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 2017-10-18 in 0.12 seconds with 20 queries on phoenix via your IP 54.80.132.10