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Renko Trading SPY and other ETFs?


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Renko Trading SPY and other ETFs?

  #1 (permalink)
 Tradarr 
Atlanta Ga. USA
 
Experience: Intermediate
Platform: NT8,ThinkorSwim,
Trading: Grains
Posts: 340 since Mar 2017
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Anyone ever attempt day trading the SPY with renko bricks? Also can any refer me to a free renko optimizer for Ninjatrader 8 ? Thanks

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  #2 (permalink)
 SamirOfSalem   is a Vendor
 
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Tradarr View Post
Anyone ever attempt day trading the SPY with renko bricks? Also can any refer me to a free renko optimizer for Ninjatrader 8 ? Thanks

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NinzaRenko, UniRenko and BetterRenko are all free and all work well (a bit slow at first as the database is set up). Just bear in mind they take their settings in "ticks", so if your SPY feed uses the 0.00 format, you'll need to multiply the tick size by 100.

I hope this helps.

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  #3 (permalink)
 Tradarr 
Atlanta Ga. USA
 
Experience: Intermediate
Platform: NT8,ThinkorSwim,
Trading: Grains
Posts: 340 since Mar 2017
Thanks Given: 86
Thanks Received: 88



SamirOfSalem View Post
NinzaRenko, UniRenko and BetterRenko are all free and all work well (a bit slow at first as the database is set up). Just bear in mind they take their settings in "ticks", so if your SPY feed uses the 0.00 format, you'll need to multiply the tick size by 100.

I hope this helps.

I am familiar with those but they don't have built in ATR optimizer for Renko, seeking a free Renko ATR optimizer like paid one over at QT:
https://www.quantumtrading.com/product/quantum-renko-optimiser-indicator/

I assumed NT had a built-in optimizer but their support replied back negative.

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Last Updated on September 22, 2022


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