Custom Renko (WickedRenko) implementation

NexusFi · 2010-08-09T13:13:20-04:00

Perhaps aslan can addressed this--he is the creator of WR. Hi, I am using WickedRenko on NT7 but i noticed a problem when there are data outside the current market range much more than 1 tick, it is common, just 1 or 2 time and sales data, but because renkos forming this time, it can be a great mess.. I tried to filter data in the cs file like this: if( (Math.Abs(close-close[1])) > (1*tickSize) ){ close = close[1]+1*tickSize; } Lets suspect we trading is liquid market, so if the next tick is outside …

Discussion in NinjaTrader

Updated August 9, 2010

Custom Renko (WickedRenko) implementation

August 9th, 2010, 01:13 PM

#11 (permalink)

aslan

Madison, WI

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Zsolt

You say it can be filtered out by Ninjatrader alse? i dont know how, maybe that is the right solution.

I agree there could be data that should be filtered, but doing so during bar building is probably not the right place to do it. In NT, there is an option under Tools->Options->Data that allows you to "filter bad ticks" by setting a percentage away from the market that is considered bad. I have never used the option, so be sure to understand what it really does (you may need to post on the Ninja forum).