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PureLogikTrading

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  #1 (permalink)
Hard 8
Cheyenne, WY
 
 
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Pure Logik Trading

I happened to stumble across this website from a NT email announcing new third party partners. Although I wasn't interested in indicators, the LogikRenko--their offering of an improved version of the classic Renko--was intriguing.

Like many of you, I have tried and tested every bar out there to improve my performance of manual and automated strategies. The Renko and its derivatives are helpful with discretionary methods but fail terribly in auto strategies. Great backtests, lousy live.

Anyway, I started an email dialog with Anthony, the developer of PureLogik (who was most helpful and generous with his time and no hard sell) and decided to try the LogikRenko bricks in a couple of autotrade systems. In fact, I spent all of last week testing them in real time. I ran the strategies in an A-B mode with one using a variety of Renkos and the other with PureLogik.

Although I need to test further, my initial reaction with PureLogik is most favorable. The live fills are virtually identical to market replay with variance no more than one tick. The other Renkos, not surprisingly, performed poorly.

I've attached the white paper.

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  #3 (permalink)
 aslan 
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As the BetterRenko author, I was asked to look at this and comment. I have not done a demo (and probably wont), but will offer some opinions here based on the white paper.

Let me start by saying this is a nice white paper that lays out many of the issues and shows how you can use renkos and variations to look at price. They go on to talk about how their implementation is better.

Their implementation is better than standard renko and offers a number of features:

* they allow you to select which open you want to see (open to open vs open to close mode)
* allows a larger reversal brick size
* updates last bar intra bar
* dynamic brick size determination
* tick filtering
* consistent reference point determination

The problem is most of of those features have flaws:

* Open price - in the paper, they claim the next open is always the previous close. The problem is this is just not always the case. The next open is the next tick, regardless of price, after the previous bar closes. BetterRenko does this. This is a potential backtesting issue. BetterRenko separates the bar building from the display using a separate ChartStyle to display the bars.

* Larger reversal brick size - interesting, BetterRenko does not do this.

* Updates Intra Bar - this is an option, IMO you have to do this, and BetterRenko does.

* Dynamic Brick Size - could be interesting, but could be a real problem from a backtesting perspective depending what method is used to change the bricksize. BetterRenko does not do this.

* Tick filtering - this is something that is needed, but I generally think this is a platform feature, not part of the bar building process, unless you have to work around the platform implementation. BetterRenko does not do this.

* Consistent reference point - important IMO, so you can always load the same chart for a given day regardless of the starting date of the data set. The paper talks about this, but they don't really tell you how it is done. BetterRenko uses the simple approach of using the start of the session boundary, which is not perfect, but works well.

Overall, the implementation looks interesting, but I would not pay to use something that appears to be inferior to something you can get here for being an elite member.

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  #4 (permalink)
Hard 8
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@aslan, thanks for answering my PM and your well thought out comparison. In fairness, however, I wouldn't come to the same conclusion but then I have the benefit of live hands-on testing. To me, PureLogik looks like it could be a game changer. Time will tell.

IMO, in order to conclude it is inferior, you'd have to observe the action of these bricks live and in back test and compare to BetterRenko head-to-head. Also, based on your comments, it seems as though PureLogikRenko is at least equal to if not slightly superior in function to BetterRenko, but perhaps I misunderstood your intent.

Although a free trial isn't offered on the website, it couldn't hurt to request one from Anthony. Worst case is he says no.

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  #5 (permalink)
 cory 
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aslan View Post
..
* Open price - in the paper, they claim the next open is always the previous close. The problem is this is just not always the case. ....

in theory next open should = prev close but thats not the case looking at live chart.

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  #6 (permalink)
Hard 8
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cory View Post
in theory next open should = prev close but thats not the case looking at live chart.

Are you speaking about all bar types? You posted a minute chart.

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  #7 (permalink)
 aslan 
Madison, WI
 
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Hard 8 View Post
@aslan, thanks for answering my PM and your well thought out comparison. In fairness, however, I wouldn't come to the same conclusion but then I have the benefit of live hands-on testing. To me, PureLogik looks like it could be a game changer. Time will tell.

IMO, in order to conclude it is inferior, you'd have to observe the action of these bricks live and in back test and compare to BetterRenko head-to-head. Also, based on your comments, it seems as though PureLogikRenko is at least equal to if not slightly superior in function to BetterRenko, but perhaps I misunderstood your intent.

Although a free trial isn't offered on the website, it couldn't hurt to request one from Anthony. Worst case is he says no.

IMO, it appears inferior to BetterRenko, but I am a tad biased and BR does exactly what I want it to. My opinion should not sway you however, instead look at the facts as they relate to what you want your bar type to do. They have some interesting features depending how you use them (white paper shows this nicely). For me, they dont do much, but for you they may speak to you.

The comment about next open is prev close tells me they ARE broken, but maybe that is just a documentation issue.

If any of the features are really needed, they would be fairly easy to add to BR. If that is the case, post in the BR thread, and I see if I can add in.

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  #8 (permalink)
 aslan 
Madison, WI
 
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I just thought of one thing not mentioned in the white paper. How do they handle gaps? Normal Renko bars insert dummy data. BetterRenko does not do this to preserve good back testing data. This is one item you may want to look at while evaluating (not gaps between days, but intra-day gaps i.e. news on CL with a small brick size).

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  #9 (permalink)
 mrlogik 
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Hello Everyone,

As the author of the LogikRenko, I would like to comment in this discussion.

* Open Price - My comment about the open = prior bar close is referring to when a reversal bar is created. Typically in traditional renko charts when an opposite direction bar is created the Open of the new bar is set to the open of the prior bar. This is what confuses NT during backtesting, and gives spurious results. Yes, the opening tick doesn't have to be at the exact price of the close of the prior bar. What I am talking about is the traditional method a Renko bar is constructed, not the true tick price. The backtesting ability of the bar provides an identical result to the BetterRenko, where reversal bars Open is set to the close of the prior bar. I don't understand why you think it could be a backtesting issue; the bars are plotted in the same manner as yours.

* Tick Filtering -- Agreed. It should be left up to the platform to control tick filtering, assuming the platform employs a logically sound algorithm for tick filtering. The problem with NTs tick filtering method is that it checked the percent difference of the current tick from the prior tick, but does not discard the tick in the algorithm if its discarded from the chart; It uses it in the next filtering computation. If the next tick is also an out-lier based on the first out-lier, it is considered okay and is used. So if you have more than 1 bad tick, which is the case sometimes with MBTrading, the Renko chart can form many bars and become useless for a time span.

* Consistent reference point - The issue with using a session time for the consistent reference point is that computer clocks are likely different between computers. You can have two systems in the same room collecting from the same data stream and if their clocks are off a few seconds the new session tick price can be different. This can lead to different results between computers. I found this to be problematic when using one computer for optimizing a trading system, then trading with a different because the results would be inconsistent.

* Dynamic Brick Size -- I don't fully understand why you feel this could be a real problem in backtesting. The bricksize chosen at the beginning of the day is consistent based on the prior days tick data. As long as the same bricksize is chosen by my algorithm for a specific day, which it is, the bricksize is consistent and backtesting will be consistent as well. No matter which method is used, as long as its consistent, its is sound backtesting.

* Updates intrabar -- I agree, this is good to see. This is left as an input for user preference.

* Handling Gaps -- Dummy bars are inserted. I thought about how this should be done for a while and thought it was best to preserve the computations of an indicator. Some indicators will drastically overshoot / become disrupted if a gap is present.

I do appreciate you taking the time to review my white paper, and appreciate your BetterRenko design. In my opinion, aside from my labeled consistent reference point between different computers, it is 100% sound for backtesting and real-time trading.

Anthony

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  #10 (permalink)
Hard 8
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I don't get the same backtest or live results with BetterRenko. Could the dummy bars be the cause?

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 aslan 
Madison, WI
 
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Thanks for chiming in Anthony, now we can deal in facts instead of just opinions.


mrlogik View Post
* Open Price - My comment about the open = prior bar close is referring to when a reversal bar is created. Typically in traditional renko charts when an opposite direction bar is created the Open of the new bar is set to the open of the prior bar. This is what confuses NT during backtesting, and gives spurious results. Yes, the opening tick doesn't have to be at the exact price of the close of the prior bar. What I am talking about is the traditional method a Renko bar is constructed, not the true tick price. The backtesting ability of the bar provides an identical result to the BetterRenko, where reversal bars Open is set to the close of the prior bar. I don't understand why you think it could be a backtesting issue; the bars are plotted in the same manner as yours.

The plotting is not the issue, but it is the underlying data. When you backtest, the OHLC values are used (and the range of values the bar forms). Depending how you write the strat or set options, the first tick of the next bar could be your fill, so if you don't have the correct value you do not get real results (although it would backtest the same each time it does not match real trading).


Quoting 
* Tick Filtering -- Agreed. It should be left up to the platform to control tick filtering, assuming the platform employs a logically sound algorithm for tick filtering. The problem with NTs tick filtering method is that it checked the percent difference of the current tick from the prior tick, but does not discard the tick in the algorithm if its discarded from the chart; It uses it in the next filtering computation. If the next tick is also an out-lier based on the first out-lier, it is considered okay and is used. So if you have more than 1 bad tick, which is the case sometimes with MBTrading, the Renko chart can form many bars and become useless for a time span.

I have never needed this, but others have shown me examples where it is pretty bad for certain instruments. I have never added to BR. As you are aware adding config options can be a hassle (your masking options are very clever).

Quoting 
* Consistent reference point - The issue with using a session time for the consistent reference point is that computer clocks are likely different between computers. You can have two systems in the same room collecting from the same data stream and if their clocks are off a few seconds the new session tick price can be different. This can lead to different results between computers. I found this to be problematic when using one computer for optimizing a trading system, then trading with a different because the results would be inconsistent.

Depends where the timestamp is coming from. If you are using exchange based timestamps, there is no issue, as they are not going to change even when you reload historical data. If you are using PC based timestamps, then I agree you have issues to deal with.

Quoting 
* Dynamic Brick Size -- I don't fully understand why you feel this could be a real problem in backtesting. The bricksize chosen at the beginning of the day is consistent based on the prior days tick data. As long as the same bricksize is chosen by my algorithm for a specific day, which it is, the bricksize is consistent and backtesting will be consistent as well. No matter which method is used, as long as its consistent, its is sound backtesting.

It is not an issue as long as the algorithm always gets the same answer based on the data stream. The real test is if I load day X of data with a start date of day (X-5) and then again with start date of day (X-0), I should get the same bars for day X. If you don't get the same data then your backtest may have issues. This issue is similar to the consistent reference point.

Quoting 
* Handling Gaps -- Dummy bars are inserted. I thought about how this should be done for a while and thought it was best to preserve the computations of an indicator. Some indicators will drastically overshoot / become disrupted if a gap is present.

Yes, indicators can move faster, but I would rather have that then known bad data for a backtest. Once you insert those dummy bars, you now have data on the chart that the backtest will execute against. Obviously, this is an issue.

This is one of those issues that you have to trade off as a user. Is the backtest more important, or is the visual of the chart more important. No right answer, just depends what you are looking for. BR focuses on the backtest. Some like the visual cascade of the gap.

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  #12 (permalink)
 mrlogik 
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Hi Aslan,

I appreciate your concise response.

In truth I never had an issue with the opening bar ticks fill, so I never thought in that level of detail. I will investigate this, thank you.

You are correct, the consistent reference is only an issue when the time stamp doesn't come from the data provider, but is created based on the computers clock. MBTrading (to name one) with NT uses the computers clock for time stamps, which explains why I have seen this issue.

I have tested the dynamic brick size algorithm for consistency during backtesting and it is consistent. As long as the first day of backtesting has 1 day of historical tick data loaded, the underlying data stream is the same and so is the calculation.

I appreciate the level of scrutiny and detail you have given to my white paper. Thank you again for taking the time to review it.

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  #13 (permalink)
 Lars 
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Posts: 16 since Nov 2010

I enjoyed the movie and I use LogicRenko bricks. I can trust the tick data live and in Memorex.

An excellent replacement for range and other Renko type, too. Performs particularly well on automated breakout strategies. Highly recommended.

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 Jeff Castille 
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Lars View Post
I enjoyed the movie and I use LogicRenko bricks. I can trust the tick data live and in Memorex.

An excellent replacement for range and other Renko type, too. Performs particularly well on automated breakout strategies. Highly recommended.

Hey Lars,

Have you compared Logik Renko vs. Better Renko? If so, how do you see the differences?

Thanks, Jeff

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  #15 (permalink)
 Lars 
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Jeff Castille View Post
Hey Lars,

Have you compared Logik Renko vs. Better Renko? If so, how do you see the differences?

Thanks, Jeff

LogicRenko is more feature rich than BetterRenko.

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 Jeff Castille 
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Lars View Post
LogicRenko is more feature rich than BetterRenko.

I did a one week free trial of the Logik Renko and many of the "features" were not advantageous to live trading.......it seems to me that the features might be more advantageous to ATS and backtesting results. Am I right? Or have I jumped to an incorrect conclusion?

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 Lars 
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Jeff Castille View Post
I did a one week free trial of the Logik Renko and many of the "features" were not advantageous to live trading.......it seems to me that the features might be more advantageous to ATS and backtesting results. Am I right? Or have I jumped to an incorrect conclusion?

Isn't ATS live trading? Do you mean discretionary trading?

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 Jeff Castille 
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Lars View Post
Isn't ATS live trading? Do you mean discretionary trading?

ATS as in Automated Trading Strategies

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 Jeff Castille 
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If you set the six digit Logik Renko to 2009111 it is the same as setting the Better Renko to 9 assuming the same start time.

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 Lars 
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Jeff Castille View Post
If you set the six digit Logik Renko to 2009111 it is the same as setting the Better Renko to 9 assuming the same start time.

I think so, but Better Renko doesn't have the reversal display option.

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  #21 (permalink)
dreamliner
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Greetings, I just discovered Renko bars for Forex trading yesterday. I thought they looked so good, and did a backtest just going long on blue and short on red. Perfect system! 1600 pips in just one month. Then I discovered that they are not an actual representation of the market, as the market has wicks. So if we are in long and set an order to go short at the first down bar, we may actually get filled and taken out of our long, when the Renko bricks are still showing long.

Now I see this thread and I see 2 different methods presented: BetterRenko and LogicRenko. Can anyone suggest which one to use in order to trade Forex on MT4? And what things do these methods do that traditional Renko bars do not?

Thank you.

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 mrlogik 
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Hi Dreamliner,

I can say the LogikRenko isn't available for MT4, only NT.

Separate from that, there are two important pieces to get accurate backtest results.

1. You need the wicks.
2. The renko bar cannot plot reversal bricks in the traditional method. Meaning, when a brick changes from green to red, the opening price of the red bar should be at the prior green bars closing price. If the red opening price is at the prior green open price (traditional), the back test engine will likely get fooled and use this price, even thought the market doesn't truly move in that manner.

So, no matter which renko you use for MT4, make sure this is the case if you want accurate results.

Just some food for thought.

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dreamliner
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Thank you for the very quick reply.

Regarding needing the wicks, do you mean for backtesting, live trading, or both? And where to get them? I assume either the Logic or Better, correct? I've done a search to look for "Renkos with Wicks" but cannot find any.

I can use NT I believe. Would prefer to just use on Demo, any idea where to sign up for a Demo account that provides a NT platform? I use Oanda to trade and only use MT4 for analysis, so I could use NT instead of MT4 for that.

I can, of course, keep looking for these two things. Just wanting to know if anyone has the answers already and could save me some time.

Thank you again.


mrlogik View Post
Hi Dreamliner,

I can say the LogikRenko isn't available for MT4, only NT.

Separate from that, there are two important pieces to get accurate backtest results.

1. You need the wicks.
2. The renko bar cannot plot reversal bricks in the traditional method. Meaning, when a brick changes from green to red, the opening price of the red bar should be at the prior green bars closing price. If the red opening price is at the prior green open price (traditional), the back test engine will likely get fooled and use this price, even thought the market doesn't truly move in that manner.

So, no matter which renko you use for MT4, make sure this is the case if you want accurate results.

Just some food for thought.


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  #24 (permalink)
 mrlogik 
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Hey Dreamliner,

The wick requirement is mainly for backtesting. In real-time a strategy "should" be smart enough to use the true price.

I know you can get the BetterRenko on this forum for free. Just search BetterRenko.
The LogikRenko is not free however. The main difference between the two is the ability to change the display of the bar per your taste, as well as some other features such as auto bricksize determination and tick filtering.

If you want to learn about the LogikRenko, just check out my website. I suggest you try the BetterRenko which is free first to see if it suites your needs.

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dreamliner
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Wonderful, will do. I just found your website, too, so will look there as well.

Now if anyone has any ideas where to get a NT platform, for free, I'd appreciate it. I'm searching the web for that too.


mrlogik View Post
Hey Dreamliner,

The wick requirement is mainly for backtesting. In real-time a strategy "should" be smart enough to use the true price.

I know you can get the BetterRenko on this forum for free. Just search BetterRenko.
The LogikRenko is not free however. The main difference between the two is the ability to change the display of the bar per your taste, as well as some other features such as auto bricksize determination and tick filtering.

If you want to learn about the LogikRenko, just check out my website. I suggest you try the BetterRenko which is free first to see if it suites your needs.


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  #26 (permalink)
 mrlogik 
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Dream,

Did you go to their website? There is an excessively large banner for a free download...

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  #27 (permalink)
dreamliner
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I'm there as we speak!

Now I have NT, and just reading your site, and should be all set up soon.


mrlogik View Post
Dream,

Did you go to their website? There is an excessively large banner for a free download...


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dreamliner
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Thank you again for all the helpful information on this thread. Also, I do appreciate the attempts to keep these threads positive. I just signed up today and got the "intro" email from "Big Mike" and appreciate the statements to keep the threads positive. I got so tired of the negativity.

Anyway, I'm on my way to examine LogicRenko soon!

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 rainbowchaser 
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Hard 8 View Post
Pure Logik Trading

I happened to stumble across this website from a NT email announcing new third party partners. Although I wasn't interested in indicators, the LogikRenko--their offering of an improved version of the classic Renko--was intriguing.

Like many of you, I have tried and tested every bar out there to improve my performance of manual and automated strategies. The Renko and its derivatives are helpful with discretionary methods but fail terribly in auto strategies. Great backtests, lousy live.

Anyway, I started an email dialog with Anthony, the developer of PureLogik (who was most helpful and generous with his time and no hard sell) and decided to try the LogikRenko bricks in a couple of autotrade systems. In fact, I spent all of last week testing them in real time. I ran the strategies in an A-B mode with one using a variety of Renkos and the other with PureLogik.

Although I need to test further, my initial reaction with PureLogik is most favorable. The live fills are virtually identical to market replay with variance no more than one tick. The other Renkos, not surprisingly, performed poorly.

I've attached the white paper.

Hi was interested in reading about the Renkos and went to the link but was no longer there. May you have a copy on pdf?
Thanks.

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 marker 
Las Vegas, NV
 
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Any one try out this new bar type LogikUltimateRenko from purelogik?
There's so much discussion on renko bars, I wonder if anyone has tried this one?

I took the plunge, and looks good so far.
Here are some charts of the TF from last Thurs and Fri PST time zone.
He has some details on his web page on how the bars plot.
The charts below represents 100% and 200% reversal percentage.

So just wondering if anyone else has tried these new bars out.

-Micky

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 TimeTrade 
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marker View Post
Any one try out this new bar type LogikUltimateRenko from purelogik?
There's so much discussion on renko bars, I wonder if anyone has tried this one?

I took the plunge, and looks good so far.
Here are some charts of the TF from last Thurs and Fri PST time zone.
He has some details on his web page on how the bars plot.
The charts below represents 100% and 200% reversal percentage.

So just wondering if anyone else has tried these new bars out.

-Micky

PureLogik "UltimateRenko" is the same in compare to the here on futures.io (formerly BMT) free published UNIrenko rules.
The 50%Open and 100%Reversal settings give the same result comperable to RJay's HybridRenkos.
BlueWaveTrading offer also now a renko type with different parameters.
And i self have also realized the my free published UNIrenko rules as percent variant and as tick variant.

-> no magic work... many vendors have now this multi parameter renko type. Different prices, different other additons... any user can self check the useability. The PureLogik variant is technical OK and work right.

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 booker777 
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Can someone with experience on the different Renko bars comment on the merits of the RJAY renko's and how the compare with those mentioned here.? If anyone can that would be great.

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 eroy 
annandale virginia
 
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Can anyone please provide the link for this bar type. I can't seem to find it by using the search option.

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  #34 (permalink)
 futurestrader1 
New York City, USA
 
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Regarding a few posts above....how is it possible to find this UNIrenko ?

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 plethora 
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futurestrader1 View Post
Regarding a few posts above....how is it possible to find this UNIrenko ?

You need to be an Elite Member of futures.io (formerly BMT) to download the indicator. If you haven't figured it out yet, it's the best $50.00 you'll invest in your trading education.

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  #36 (permalink)
 plethora 
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I'm reading a terrific book Beyond Technical Analysis by Tushar Chande, PhD and it's given me the bug to have my trading system automated. I remember reading some great reviews about Anthony of PureLogikTrading and I'm wondering if anyone here has any experience working with him, other than with the bar indicator previously discussed. As this thread about him and his company has already been started I'm bumping it to inquire if there is any additional feedback to share.

Thank you.

ETA: Here are reviews on the book: https://www.amazon.com/Beyond-Technical-Analysis-Develop-Implement/dp/0471415677/ref=sr_1_1?s=books&ie=UTF8&qid=1359689861&sr=1-1&keywords=beyond+technical+analysis

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  #37 (permalink)
 mattz   is a Vendor
 
 
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Anthony is an amazing guy and one kicka$$ programer, but I suggest to hire him for serious projects, not a system of moving averages.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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 plethora 
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Anthony is an amazing guy and one kicka$$ programer, but I suggest to hire him for serious projects, not a system of moving averages.

Wow! From the source himself. Thank you, Matt. Yes, the project is absolutely serious though simple.

Thanks very much.

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 jeffman 
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From experience, don't pay 100 percent up front. Unless you don't care how many months it takes for him to deliver. Yes, he is a great programmer. But, programming is a side job for him. He has a full time career outside of programming strategies. If you are on any type of time table, I would think twice. if time is not an issue, then I highly recommend him.




plethora View Post
Wow! From the source himself. Thank you, Matt. Yes, the project is absolutely serious though simple.

Thanks very much.


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 mattz   is a Vendor
 
 
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Wow! From the source himself. Thank you, Matt. Yes, the project is absolutely serious though simple.

Thanks very much.

LOL, from today I will be Matt "The Source" Z

There are programmers that always interfere with your logic, like some obsessive compulsive disorder to add their 2 cents despite the fact that they dont trade.

but Anthony will apply as you see fit and will give you practical advice.

Matt "The Source" Z

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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 mattz   is a Vendor
 
 
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jeffmum View Post
From experience, don't pay 100 percent up front. Unless you don't care how many months it takes for him to deliver. Yes, he is a good programmer. But, programming is a side job for him. He has a full time career outside of programming strategies. If you are on any type of time table, I would think twice.

Is it extremely hard to make a living from programming for retail platforms. I rather do things slowly and right as oppose to get delivered a half baked code in a week.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email support@OptimusFutures.com
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 plethora 
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mattz View Post
LOL, from today I will be Matt "The Source" Z

Matt "The Source" Z

Lol. It has a nice ring. Add it your signature line.

From what I had read about Anthony, it seemed like he always made improvements to enhance what he was served up, which is supreme.



jeffmum View Post
From experience, don't pay 100 percent up front. Unless you don't care how many months it takes for him to deliver. Yes, he is a great programmer. But, programming is a side job for him. He has a full time career outside of programming strategies. If you are on any type of time table, I would think twice. if time is not an issue, then I highly recommend him.

Wow, more glowing feedback. Thank you, jeffmum. Yes, his website indicates 50% upfront, and trading has taught me to be patient so I can definitely wait. Heck, I waited this long. May I ask you what his other career is? Is it programming related or something entirely different. Just intrigued.

Thanks again.

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 plethora 
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I rather do things slowly and right as oppose to get delivered a half baked code in a week.




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  #44 (permalink)
 jeffman 
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I am not exactly certain if it's programming related. It very well could be. I know he works at Siems in some "radar" division.



plethora View Post
Lol. It has a nice ring. Add it your signature line.

From what I had read about Anthony, it seemed like he always made improvements to enhance what he was served up, which is supreme.




Wow, more glowing feedback. Thank you, jeffmum. Yes, his website indicates 50% upfront, and trading has taught me to be patient so I can definitely wait. Heck, I waited this long. May I ask you what his other career is? Is it programming related or something entirely different. Just intrigued.

Thanks again.


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 jeffman 
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His rates are fair and he does stand behind his work. My only issue has been his time to completion. I had a project that he stated would take one week and it ended up taking 3 months. I just didn't expect that much time.



plethora View Post
Lol. It has a nice ring. Add it your signature line.

From what I had read about Anthony, it seemed like he always made improvements to enhance what he was served up, which is supreme.




Wow, more glowing feedback. Thank you, jeffmum. Yes, his website indicates 50% upfront, and trading has taught me to be patient so I can definitely wait. Heck, I waited this long. May I ask you what his other career is? Is it programming related or something entirely different. Just intrigued.

Thanks again.


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 plethora 
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mattz View Post
Is it extremely hard to make a living from programming for retail platforms.

Matt "The Source" Z,

The obvious question is why wasn't one of the systems he programmed sufficiently successful for him to use so he doesn't have to work again?

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 plethora 
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jeffmum View Post
His rates are fair and he does stand behind his work. My only issue has been his time to completion. I had a project that he stated would take one week and it ended up taking 3 months. I just didn't expect that much time.

Understood. Thanks for sharing this. May I ask if the work he did was an automated system or something else? Curious if his automated systems work and the reason he doesn't retire on one of them.

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 mattz   is a Vendor
 
 
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plethora View Post
Understood. Thanks for sharing this. May I ask if the work he did was an automated system or something else? Curious if his automated systems work and the reason he doesn't retire on one of them.

Programming is when you convert ideas to code. You bring the idea, he codes it.
He never claimed to be a trader.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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 resirca52009 
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My personal coding experience with Anthony was nothing short of stellar. He converted an MT4 custom strategy to NT for me.
1. Responsiveness was timely.
2. Pricing was reasonable.
3.Communication was concise.
4.The overall experience left me happy and willing to do business with him again.

I hope that others will find him as valuable a resource as I did.

Resirca

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 olive 
Va Beach VA
 
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I emailed Anthony a copy of what I would like to have coded into an automated strategy. He emailed me back promptly with a price and said he would be able to code what I wanted. I did pay him 100% up front, mainly because of positive reviews I read about him. It took about 2 weeks to get my startegy. During the course of testing my strategy, he made adjustments to code of the strategy without a fee. He did make a more involved adjustment and we did agree on a nominal fee. The strategy performs as I asked. He promptly answered any emails I sent him. I thought the price was fair. I will use him again if I need any programming. I am very pleased with his product.

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  #51 (permalink)
 benrock 
hampton bays
 
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hey guys wanted to share my thoughts and experience working with anthony , i sent him and email for a quote on a strategy and he replied within an hour with full detailed list and price , which was very far compared to the other crazy prices i got .

i paid through paypal and within 1 1/2 days i have version 1 of my strategy , i asked to make some unmentioned material and he did at no cost , every email was answered in less the 24 hours and the customer service was byond anything i have ever had the pleasure of working with in this industry .

the work was amazing and you can tell this guy is one of the best programmers out there , by far .

i have many projects and these guys will be my only choice , keep up the great work anthony !!!!!

HIGHLY RECOMMENDED

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 typer77 
Hong Kong
 
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I agree with many of the posters here.
Anthony has done about 5 strategies. His turn around time was very fast.
Most of the time, from quoting to delivering first version of the code takes about 2 days.
Price-wise, his price is very reasonable.
highly recommended from me as well!!

Rgds,
Jack

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 WolfieWolf 
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I recently had a question in another thread about the difference between UniRenko and Purelogik Ultimate Renko and out of respect for Mike's preference that vendor discussions take place in Vendor threads I've elected to provide my response over here. That out of the way the first thing I will say is that MonPere has done an amazing job with the UniRenko and for most people it will be sufficient for your needs. The choice in bar type has a lot to do with personal preference and what you are trying to achieve. For myself I am looking for very specific geometric patterns in the market so I want the smallest possible reversal bar that filters pullbacks from reversals. To get this right requires a substantial amount of "tweakification" of the bar settings. I have elected to use the Ultimate Renko bars because it allows configuration using %'s instead of fixed values and I have found that this does exactly what I want better than UniRenko. At least I haven't found a setting on UniRenko that works as well, that is not to say that without more time I couldn't find a comparable setting. And even more, if I did not have Ultimate Renko I'm sure I could do just fine with UniRenko. Suffice to say we are talking about very subtle differences here. I could post two charts side by side but to the naked eye you might think I'm crazy and not be able to see any difference. I have compared these two to the tick using the closing price of the previous bar. Yeah I was meticulous about it. I believe I paid $275 for the bars which isn't much if it filters just one continuation vs reversal for me. Again it depends on what you are doing. In terms of trials I don't know what their official position is on this. I have a long standing relationship with Anthony so he let me try them for a couple of days before I bought them, I don't know if this is their policy or not. I hope that helps.

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  #54 (permalink)
 Cachevary 
Russia,Khabarovsk
 
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Even though Tony is an ultimate person i met online,be advised that those Ninja type of bars heavily skew the results in your favor and when you start real,you`ll fall operationally, as a rule,with them.

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Howard Roark
Oslo Norway
 
 
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Hello all,

Last post on this thread was in 2014.

Any news since then? Are people still using these indicators? Are there better indicators available for free?

I'm not sure if I'll ever use Renko bars for execution, but I'm envisioning that they can serve well to indicate current and past directional movement? Similar to have a MA can do the same, maybe?

So, I'm interested in possibly adding Renko (I use NT8 btw) and would love to hear some updated comments from experienced users.

Thanks in advance.

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