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


FlexRenko in day trading
Updated: Views / Replies:53,316 / 644
Created: by Outlander Attachments:418

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

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: 752 since Nov 2010
Thanks: 1,347 given, 1,915 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: 752 since Nov 2010
Thanks: 1,347 given, 1,915 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: 45,899 since Jun 2009
Thanks: 29,116 given, 81,748 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)
Elite Member
reston, va
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,145 since Jun 2009
Thanks: 622 given, 6,199 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, 1,592 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)

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May

An overview of volumetric analytical tools w/Sergey Sokolov @ PTMC

Elite only

John Hoagland (TBA)

Elite only

FuturesTrader71 Extended Ask Me Anything (AMA)

Elite only

Pete @ Jigsaw Trading (TBA)

Elite only

John @ No BS Day Trading (TBA)

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

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 06:44 PM.

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 2017-05-28 in 0.12 seconds with 20 queries on phoenix via your IP 54.162.69.178