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Logik Hybrid Renko - Back To The Future


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Logik Hybrid Renko - Back To The Future

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  #1 (permalink)
 umbajwa12 
New Delhi
 
Experience: Master
Platform: NinjaTrader
Trading: Index Futures
 
Posts: 7 since Dec 2011
Thanks: 1 given, 2 received

Hello Friends ! Wishing you all a very Happy New Year.

I came across this Logik Hybrid Renko Bar type on this website.. Logik Hybrid Renko - Back To The Future Trading
Also attaching a chart , where the traditional Renko and LogikHybrid Renko is compared , which has Second condition added to the bar print logic , i.e a time factor.Now how can time be incorporated in Renko and still call it a Renko and not Minute bars. And how would the bars actually behave in real time - wouldnt there be lag ? Appreciate any help.

Thanks & Regards
Sidhu

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  #2 (permalink)
 TheWizard 
Houston, TX
 
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umbajwa12 View Post
Hello Friends ! Wishing you all a very Happy New Year.

I came across this Logik Hybrid Renko Bar type on this website.. Logik Hybrid Renko - Back To The Future Trading
Also attaching a chart , where the traditional Renko and LogikHybrid Renko is compared , which has Second condition added to the bar print logic , i.e a time factor.Now how can time be incorporated in Renko and still call it a Renko and not Minute bars. And how would the bars actually behave in real time - wouldnt there be lag ? Appreciate any help.

Thanks & Regards
Sidhu

Rjay's Renko Hybrid bars are a lot less expensive. I've been trading them successfully for 3+ years.

And he's a long-time member and supporter of BigMikes and has contributed much over the years.

NinjaTrader Bar Charts By RJay

BTW, I am in no way affiliated with Rjay's site. He's just been a friend for many many years and was kind enough to let me beta-test the RenkoHybrid bars a year or more before they were released to the general public. I fell in love with them. You might also want to consider Renko Spectrum. Ask him for a free trial. Tell him TheWizard sent you.

(Same reply, in Hindi):
Rjay के Renko हाइब्रिड सलाखों के एक बहुत कम महंगे हैं. मैं 3 + साल के लिए उन्हें सफलतापूर्वक व्यापार कर दिया गया है.

और वह एक लंबे समय के सदस्य और BigMikes की समर्थक है और पिछले कुछ वर्षों में बहुत योगदान दिया है.

NinjaTrader Bar Charts By RJay

Btw, मैं Rjay की साइट के साथ संबद्ध रास्ते में हूँ. उन्होंने कहा कि अभी कई कई वर्षों के लिए एक दोस्त की गई और पर्याप्त तरह वे आम जनता के लिए जारी किए गए पहले मुझे बीटा परीक्षण RenkoHybrid एक वर्ष या अधिक सलाखों बताने के लिए किया गया था. मैं उन लोगों के साथ प्यार में गिर गई. तुम भी Renko स्पेक्ट्रम पर विचार करना चाहते हो सकता है. एक नि: शुल्क परीक्षण के लिए उससे पूछो. तुम्हें भेजा TheWizard उसे बताओ.

After all, it's what you learn AFTER you know it all, that counts!
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  #3 (permalink)
 umbajwa12 
New Delhi
 
Experience: Master
Platform: NinjaTrader
Trading: Index Futures
 
Posts: 7 since Dec 2011
Thanks: 1 given, 2 received


Thanks Wizard for the reply! I already have the RJ's Renko Hybrid bar type.Was just curious about the de-noising benefits the Logik bars could have.

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