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Post by Segwin on Jun 26, 2016 11:08:21 GMT -5
Attended a webinar of Wednesday. One thing they were using was UniRenko and Parabolic SAR.
It was interesting and I've been playing around with it on market replay. You stay in a trade much longer which is a good thing.
I've been playing with times etc to see what is the best one to use for day trading.
To Photize: If you would like to add to the discussion in a positive manor please do. If you want to be sarcastic please take it somewhere else.
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Post by Segwin on Jun 27, 2016 14:21:45 GMT -5
Found a bug with Renko bars and NT8. I'm done playing with NT8 for now as it still needs a lot more time in the oven. Plus their goofy "vote if you want a feature from NT7 back in NT8" leaves a bad taste in my mouth.
I left these posts on the NT forums. First post:
I've noticed that NT8, on EURUSD, prints Renko bars 2-5 time faster than in NT7. Is this due to the tenth pip in NT8? They go so fast that they're pretty much useless. The 70 tick chart looks like it is crawling in comparison.
Edit: I just loaded 2 Renko in NT7 and in NT8 and 8 is printing bars at least 5 time faster.
Forex with FXCM.
My next post:
I've discovered what the problem is.
In the instrument manager - EURUSD - if the tick size is set to 0001 then the Renko bars will print correctly however the ruler as well as the ATM strategies are incorrect. If the EURUSD, in the instrument manager, is set to 00001 then the Renko bars print way to fast but the ruler and the ATM strategies are correct.
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Post by photize on Jun 28, 2016 0:54:22 GMT -5
Sarcastic, me :-) well at least I got a mention, I do believe you have posted about Renko and imediately feel nervous , and protective, heres the shock Segwin, I also have Renko running I also find an 80% retrace 30% extension works in my favour, of course you need wicks on , I also have a method to show the order flow/importance if each candle its nescessary to avoid missing any price action which would be smoothed out. Have a good Day Pho
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Post by photize on Jun 28, 2016 7:04:05 GMT -5
As Promised 80/30 renko bars with internal orders/ticks/volume shown so as not to miss the flow and strength of the move, Pho
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Post by Segwin on Jun 28, 2016 7:39:04 GMT -5
Sarcastic, me :-) well at least I got a mention, I do believe you have posted about Renko and imediately feel nervous , and protective, heres the shock Segwin, Lol - you just can't help it can you.
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Post by traderAllen on Jun 28, 2016 8:56:31 GMT -5
Pho where do you get the 80/30 setting
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Post by photize on Jun 29, 2016 13:52:48 GMT -5
Allen needs special bars Hybrid etc I'll check for Ninja as I replicated it from there :-) Pho
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That was a long time ago!
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