Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I trade with unirenko bars. Is there a download for an automated means (button) that will place a buy stop or a sell stop at the close of the next bar that is forming?
I miss many trades because of the time it takes to find and click on right price for the stop order.
Can you help answer these questions from other members on NexusFi?
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,307 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,511
If this was something I wanted what I would do in chart trader (I assume you are still using NT7) to go long is place a stop way above the market (the current price) and then click it to be able to move it just in front of the unirenko bar closing and right after it closes click the chart again to drop the stop order at the level of the just closed last bars price. Understanding I might be below the current price if CL (I assume you are trading CL) is moving around and it would fill instantly. Opposite market side on all this to sell. Not exactly what you are looking for but the market button is the same thing really too.
With a little time and reading the NT7 help file you can make this in the Condition Builder I'm sure. Strategy WizardCondition Builder
Seems an awful lot like chasing a trade what you are asking for. No offense but is seems to me you are trading with tiny stops on CL and a small account. Which I believe is a very tough combination. At least you will have somewhat of a chance in treasuries. But yes I know it lacks the excitement of CL.
Ron
...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Pardon, but ...
Sounds like you either don't really understand what UniRenko and its parameters (Tick Trend/Reversal/Open Offset) do
and/or trade against your own settings because you don't stand their implications.
