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5min Bollingers on unirenko


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  #1 (permalink)
 jengland 
Melbourne/Australia
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Oil
Posts: 5 since Feb 2014
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HI All

Does anyone have a way of plotting 5 min bollinger bands with a specific setting on a unirenko chart?

Would appreciate any response on this so thanks in advance.


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  #2 (permalink)
 
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 Tradeer   is a Vendor
 
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Hi jengland,

add another DataSeries in your renko chart in this case 5min.

Then add the Bollinger indicator, change the input series to 5min.

Then change the Panel to 1.

Change the 5min candles to transparent and change the 5min Data Series to Panel 1.

Then it should work.

This is the same as in the video.
The video will explain everything.



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 Ricky H 
Raleigh, NC USA
 
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jengland View Post
HI All

Does anyone have a way of plotting 5 min bollinger bands with a specific setting on a unirenko chart?

Would appreciate any response on this so thanks in advance.


You can use the standard Kelter Channel in NT8 using these parameters: Offset Mutiplier: 4.3 and Period: 55
I use these parameters with a Trend: 1 Offset: 5 Reversal: 11 Uni-Renko Bar Type. (12 tick Bar)

Also the parameters for Kelter Channel of Offset Mutiplier: 4.9 and Period: 57 works great for Trend: 1 Offset: 4 Reversal: 9 Uni-Renko Bar Type. (10 tick Bar)

Hope this helps


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  #4 (permalink)
 jengland 
Melbourne/Australia
 
Experience: Intermediate
Platform: Ninjatrader
Trading: Oil
Posts: 5 since Feb 2014
Thanks Given: 1
Thanks Received: 1

Sorry i didnt see this response until now! thank you for responding!


Ricky H View Post
You can use the standard Kelter Channel in NT8 using these parameters: Offset Mutiplier: 4.3 and Period: 55
I use these parameters with a Trend: 1 Offset: 5 Reversal: 11 Uni-Renko Bar Type. (12 tick Bar)

Also the parameters for Kelter Channel of Offset Mutiplier: 4.9 and Period: 57 works great for Trend: 1 Offset: 4 Reversal: 9 Uni-Renko Bar Type. (10 tick Bar)

Hope this helps


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Last Updated on February 1, 2022


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