UniRenko on 2X and 3X higher time frame

July 30th, 2019, 08:35 PM

Using NT8, I am working with a T2R10O5 UniRenko chart, and need to invoke two additional series UniRenko's on the same instrument that are about 2X and 3X longer. The first question is, in theory and in spite of overlap, to get a longer (greater time) Unirenko chart, does only the T (trend setting) need to be changed while keeping the other parameters the same? I believe you only need to alter the trend (T) setting, since a greater trend value will take a longer time to paint a new bar. The offset is simple bar appearance, and the reversal is for pivot points settings. Unless I have it wrong, and offset and reversal also contribute to time.

So, for example, is 2X basically T4R10O5, and 3X is T6R10O5, or does every element (T,R,O) need to be multiplied by a constant?

April 7th, 2022, 06:04 AM

Hello All,

I am also looking for information on "higher time frame" unirenko charts. Can someone provide some TRO settings
of 1x, 2x, 3x chart settings.

Thanks,
Mark

UniRenko on 2X and 3X higher time frame

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UniRenko on 2X and 3X higher time frame