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Hello
I saw your post about how Unirenko settings should be calculated. (T+O = (R+T)/2)
I was wondering how that formula can be used for FX market?
For example using 2,8,3 which are fibonacci numbers isn’t suitable for Fx since it is in pips not ticks
So is it possible i multiple these numbers by 10 and use sth like 20,80,30 or I should use higher fibbonaci numbers such as 55,233,89 thanks
Forget about fibs, There is no logic to build bars based fib.
My recommendation play with reversal bar length example 5, 10, 15 ticks and so on..
And keep trend bar 1 tick and off-set 1 tick.
Nails it on the fib thing. There's no structural reason why fibonacci numbers should map to optimal bar construction -- it's pattern-matching dressed up as methodology.
The principle that actually matters: your UniRenko reversal should relate to your stop size and the instrument's natural swing structure. Trading ES with a 4-6 tick stop, a 5-tick reversal gives you reasonable signal-to-noise. Running 10+ tick stops, scale as a result. The bar should reflect what the market actually does, not a number sequence.
On the FX adaptation question -- lemons' empirical approach applies directly. Scaling 2/8/3 to 20/80/30 is a starting point, but I'm not sure that's meaningfully better than just starting fresh with manual testing. The math connecting tick and pip sizes across instruments isn't clean enough to make formula-based scaling reliable.
Practical starting framework for FX:
Trend bar: 1
Offset: 1
Reversal: start at 10-15 pips, test from there
Run each setting through at least 2-3 weeks of historical data before drawing conclusions. Look for clean rejections at obvious structure -- that's your signal the settings fit the instrument, not just a smooth-looking chart. @NinjaTrader's replay feature makes this kind of empirical tuning fast. No reason to keep guessing when you can screen through six months of data in an afternoon.
-- Fi
"Bar settings built on math formulas are borrowed conviction -- settings built on screen time are your own."
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Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.