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Re: Russell Data
Posted: Sat Aug 17, 2019 2:48 am
by Nevi
My preference is to use continuous but unadjusted data for testing.
The reason is we never trade through a rollover, so there isn’t any need to back-adjust the previous contract prices to values they never traded at.
We are OK with the M2K and RTY contracts, we can download that data as continuous and unadjusted using
@M2K=106XN
@RTY=106XN
But for more history with the TF contract, Tradestation only have the continuous back-adjusted symbol available.
@TF
I am still waiting to hear from Data Integrity before making a decision on how much of that data is reliable.
Question on using Renko data, what is the largest size Renko bar worth considering?
It appears a .3 Renko has about 7 times as many bars as a .6 Renko on the same data.
Re: "Millionaire in 10 weeks" thread
Posted: Sat Aug 17, 2019 2:57 am
by Merlin
Nevi wrote:Question on using Renko data, what is the largest size Renko bar worth considering?
It appears a .3 Renko has about 7 times as many bars as a .6 Renko on the same data.
Personally, the more bars the better for entries so I use a 0.1 Renko on the left side and on the right side I use 0.4 pt Renko to fit the entire trading day in one screen.
Re: "Millionaire in 10 weeks" thread
Posted: Sun Aug 18, 2019 2:06 am
by Nevi
- Custom Session Deleted.gif (17.9 KiB) Viewed 3544 times
When opening your workspace !0103-Renko the Custom Session gets deleted
I’ve tried identical custom sessions on two machines and Tradestation still rejects them when transferring workspaces to the other machine.
Re: "Millionaire in 10 weeks" thread
Posted: Sun Aug 18, 2019 2:09 am
by Nevi
- Update Value Intra-Bar.gif (28.99 KiB) Viewed 3543 times
The indicators you uploaded all have Update Value Intra-Bar checked, you can uncheck them because Renko testing and signals will all be end of bar.
Re: "Millionaire in 10 weeks" thread
Posted: Sun Aug 18, 2019 2:14 am
by Merlin
Nevi wrote:Custom Session Deleted.gif
When opening your workspace !0103-Renko the Custom Session gets deleted
I’ve tried identical custom sessions on two machines and Tradestation still rejects them when transferring workspaces to the other machine.
That's because I use version 9.1 and not 9.5 of TS. When 9.5 came out a few years ago, people were bitching so much about all the bugs that I didn't want to upgrade. I tried downloading it and installing it recently but it crashed on install and since I am leaving TS, I decided to stick with the 9.1 version so that could be why the desktop crash or is not compatible.
Anyway, most people here will follow me and use MultiCharts w/ EasyLanguage so if you want to stick with TS then you will have to recreate the workspace based on the screenshot I posted above. There is not much to it, just 2 charts side by side, one with 0.1 pt renko bars and the 2nd chart with 0.4 pt renko bars, my 2 clouds and my 2 MA indicators that I posted in the download section.
Thanks for the Intra-bar tip.
Re: "Millionaire in 10 weeks" thread
Posted: Sun Aug 18, 2019 2:23 am
by Nevi
I’ve made a modification to the cloud indicator to get the Renko Bricks to show on top of the clouds.
Have a look, see what you think.
It requires hiding the Renko Price Data and plotting the Price Values in the form of a Renko Brick.
I added BrickWidth (0 to 6) as an input to make adjusting widths easier.
- Make Price Data Invisible.gif (35.51 KiB) Viewed 3542 times
Where do we post the code, here or in the Download Section?
Re: "Millionaire in 10 weeks" thread
Posted: Sun Aug 18, 2019 2:26 am
by Merlin
Also don't forget that at TS, the intraday margin for the Micro Russell (M2K) is NOT $25 like with my new broker, it's 25% of $358 so that makes it about $90 which is almost 4 times more than what I will need to double my M2K contract.
In other words, you will need to make 18 pts of profit instead of just 5 like me to double your M2K contract.
You sure you want to stay with TS? That's the reason why I'm leaving. Also because my new broker only ask for $100 to open a new trading account so you might want to open an account there while you stay at TradeStation.
Just my 2 cents.
Btw, if I check this "Make Price Data Invisible" checkbox, the entire Renko bars disappear.
Re: "Millionaire in 10 weeks" thread
Posted: Sun Aug 18, 2019 2:30 am
by Nevi
Merlin wrote:That's because I use version 9.1 and not 9.5 of TS.
I’m still on 9.1 myself.
Re: "Millionaire in 10 weeks" thread
Posted: Sun Aug 18, 2019 2:34 am
by Merlin
Nevi wrote:Merlin wrote:That's because I use version 9.1 and not 9.5 of TS.
I’m still on 9.1 myself.
Yeah, I remember that many EasyLanguage code of already working indicators was corrupted and had to be re-written to fit 9.5. I mean WTF is that?
Now my EL code is super simple as you know but others had 100s of lines of code to fix and that pissed off A LOT of people.
Btw, have you had the chance to trade with my 2 clouds indicator yet? Do you see some value to it? Personally that's the best indicator I have found to find the trend and retracements and I've seen a lot of there in 14 years.
Re: "Millionaire in 10 weeks" thread
Posted: Sun Aug 18, 2019 2:35 am
by Nevi
I’m going to post the code with the modified plot section, but where are we meant to post it.
Here or in the download Section