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I agree that the UniRenko Bar is fantastic. We have started using it to scalp with the settings of 1/1/4 instead of the std settings with great results. Very clear reversals, trend change and clarity. I think that it deserves a BM Award as well. Thx for sharing it with us.
David Palmer
Just started looking at this bar type. Curious about what market(s) your scalping with those settings and if your using indicators or just price action.
Thank you,
Rick
"If you're going to panic during a trade............. panic early."
hi
I also find that ratio works very well on unirenko
I am using 4/4/8 and 4/4/16 with great success on swing trades. Momentum oscillators like MACD work well on that setting for oil.
For gold, 2/2/8 is nice too.