Innovative-Trading-solutions-online.com review - futures io
futures io



Innovative-Trading-solutions-online.com review


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one monpere with 13 posts (8 thanks)
    2. looks_two RJay with 9 posts (8 thanks)
    3. looks_3 bluemele with 6 posts (1 thanks)
    4. looks_4 Rayzor with 5 posts (10 thanks)
      Best Posters
    1. looks_one Silvester17 with 7 thanks per post
    2. looks_two Rayzor with 2 thanks per post
    3. looks_3 RJay with 0.9 thanks per post
    4. looks_4 monpere with 0.6 thanks per post
    1. trending_up 28,771 views
    2. thumb_up 37 thanks given
    3. group 14 followers
    1. forum 51 posts
    2. attach_file 9 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Innovative-Trading-solutions-online.com review

(login for full post details)
  #1 (permalink)
 Rayzor 
Coloado
 
Experience: Beginner
Platform: Ninja Trader
Broker: AMP, OEC, CQG
Trading: NQ
 
Posts: 129 since Sep 2010

I am a Renko bar fiend; I have used regular Renko, SBS, and Better Renko. I think they are all good but when I came across our own RJay’s site to check out his volume stuff, I stumbled across his Hybrid Renko Bars. I will never bash a vendor because half the time it doesn’t work out it’s my fault anyway and I have always thought if you don’t have anything nice to say, why say anything at all (and who wants to battle w/ the vendors and/or get sued anyway)? I have to give these Hybrid Renko Bars a huge thumbs up. They do a great job of wiping out the noise, they print clean, it doesn’t take my charts forever to load up, and they will survive and print correctly even during the oil inventory report (CL). I bought the bars before he was even offering a trial; the $150.00 I spent was well worth it. I like this product a lot. Just my two cents. Attached is a 4 & 8 tick; I prefer the 8 personally.

Attached Thumbnails
Click image for larger version

Name:	CL 08-11 ( RJay's RenkoHybrid  4 Tick)  7_14_2011.jpg
Views:	1134
Size:	157.2 KB
ID:	43390   Click image for larger version

Name:	CL 08-11 ( RJay's RenkoHybrid  8 Tick)  7_14_2011.jpg
Views:	981
Size:	158.5 KB
ID:	43391  
Visit my futures io Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Market on Close data within IB
Platforms and Indicators
help with take profit several targets
TradeStation
How do I create Strategy with the Second Entry indicator
NinjaTrader
Big Mo Indicator for NT8
NinjaTrader
Multi Time Frame High/Low/Median levels
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Is anyone actually making money?
99 thanks
An embarrassing, honest confession
20 thanks
ApexTraderFunding.com experience and review
8 thanks
Want your NinjaTrader indicator created, free?
7 thanks
Sierra vs. Ninja : why I chose .....
7 thanks
 
(login for full post details)
  #3 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,184 since Jun 2009
Thanks: 32,683 given, 99,760 received


Care to explain the differences between this bar type and the other ones available on futures.io (formerly BMT)?

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #4 (permalink)
 Rayzor 
Coloado
 
Experience: Beginner
Platform: Ninja Trader
Broker: AMP, OEC, CQG
Trading: NQ
 
Posts: 129 since Sep 2010


Big Mike View Post
Care to explain the differences between this bar type and the other ones available on futures.io (formerly BMT)?

Mike

Here are some screen shots, a picture is worth a thousand words, at least to an ape like me (I am a lousy writer ) I figured I would throw up some screen shots minus my indicators and just let you an others draw your own conclusion. I just really like the way these things "smooth things out", at least for me. Bottom line, for ME, they are just easier on my eyes and "flow" (as I call it) better. The shots I provided are all from like 8:15 - 15:15 MST, I didn't want to cherry pick a chat. Any questions, please let me know. For me it's a visual thing.

I would have done Median Renko, but I have never been able to get them to work for me.

Attached Thumbnails
Click image for larger version

Name:	Capture.PNG
Views:	983
Size:	237.5 KB
ID:	43532   Click image for larger version

Name:	Capture1.PNG
Views:	822
Size:	238.5 KB
ID:	43533   Click image for larger version

Name:	Capture2.PNG
Views:	928
Size:	238.4 KB
ID:	43534  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
 randyjb 
Southern California
 
Experience: Intermediate
Platform: NinjaTrader
Trading: TF
 
randyjb's Avatar
 
Posts: 71 since Jun 2009
Thanks: 490 given, 33 received

Hmm. .thanks for throwing up the chart comparisons. I wasn't even aware RJay had his own site. I shall have to zip over there and take a closer look but these bars of his look more like a cross between Renko and HeikenAshi bars from just looking at your charts, as each of the successive bodies starts painting from about the midpoint of the prior bar, etc.

I will go and have a look.

Randy
Reply With Quote
The following user says Thank You to randyjb for this post:
 
(login for full post details)
  #6 (permalink)
 Rayzor 
Coloado
 
Experience: Beginner
Platform: Ninja Trader
Broker: AMP, OEC, CQG
Trading: NQ
 
Posts: 129 since Sep 2010

See how Better Renko skips all over? Other than the "calming of the noise" these bars print well even during the Oil Inventory

Attached Thumbnails
Click image for larger version

Name:	CaptureWhy1.PNG
Views:	838
Size:	77.4 KB
ID:	44779   Click image for larger version

Name:	CaptureWhy2.PNG
Views:	800
Size:	78.1 KB
ID:	44780  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #7 (permalink)
 Silvester17 
Columbus, OH
 
Experience: None
Platform: NT 8, TOS
Trading: ES
 
Silvester17's Avatar
 
Posts: 3,605 since Aug 2009
Thanks: 5,136 given, 11,510 received


Rayzor View Post
See how Better Renko skips all over? Other than the "calming of the noise" these bars print well even during the Oil Inventory

have to agree, rjay did a great job.

but as far as better renko skip all over. that's exactly why I prefer better renko and kase bars. they don't produce phantom bars like normal renkos and range bars. they only plot where a trade actually took place. might not look pretty, but shows the reality.

Reply With Quote
The following 7 users say Thank You to Silvester17 for this post:
 
(login for full post details)
  #8 (permalink)
 Rayzor 
Coloado
 
Experience: Beginner
Platform: Ninja Trader
Broker: AMP, OEC, CQG
Trading: NQ
 
Posts: 129 since Sep 2010


Silvester17 View Post
have to agree, rjay did a great job.

but as far as better renko skip all over. that's exactly why I prefer better renko and kase bars. they don't produce phantom bars like normal renkos and range bars. they only plot where a trade actually took place. might not look pretty, but shows the reality.

Thanks Sly, that is an interesting perspective IU have never thought of.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #9 (permalink)
 monpere 
Bala, PA, USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus, IB
Trading: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,358 received


Rayzor View Post
See how Better Renko skips all over? Other than the "calming of the noise" these bars print well even during the Oil Inventory

@ RJay, Can these Hybrid Renko, and Trend bars be backtested like Better Renko? and do they show the real open and close of each bar or phantom open prices like Heiken Ashi?

Reply With Quote
 
(login for full post details)
  #10 (permalink)
 Rayzor 
Coloado
 
Experience: Beginner
Platform: Ninja Trader
Broker: AMP, OEC, CQG
Trading: NQ
 
Posts: 129 since Sep 2010



monpere View Post
Can these Hybrid bars be backtested like Better Renko?

Monepere, I am going to have to refer you to RJay (vendor) for that one. I do not back test, only forward.

Visit my futures io Trade Journal Started this thread Reply With Quote


futures io Trading Community Trading Reviews and Vendors > Innovative-Trading-solutions-online.com review


Last Updated on March 17, 2013


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2023 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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