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Hello to all, have a question and looking for your opinion/expertise experience with using a Heiken-Ashi/tick candle for NQ and ES. Testing it in the NT Strategy Analyzer during the trading time weather it is eth or rth gives me a idea of trend day , trend or range.
TIA
Srq.
Can you help answer these questions from other members on NexusFi?
Bob,
I guess I should ask if this setting makes sense. But on the other hand is what we see on the chart that tells us something that we want to see happen, so tick=price and HA direction should give a more telling of market mood, up, down, range, that is one way to see/read this candles for me. How about you, how would you see/use it read them. I might be going into a rabbit hole with this question.
No chart yet, don't know how to. will find out.
Srq
I may have an answer for this post and I definitely have a similar question about an indicator for NT8.
If you want to see the trend for the day, you really want cumulative tick. I coded a super simple one for NT8. It's good for overall trend, but not as good at divergence of highs/lows. See below.
However, I am looking for someone with more NT8 experience to help me with representing Tick based on my UniRenko bar close. In my head, this would work similar to Cumulative Delta in that it's four plots (OHLC) that are then used to plot what looks like a bar. Then that bar is built at each tick and closes to make a new bar when the UniRenko bar closes. Does anyone have an indicator like this? My goal is to see tick divergences (highs/lows) to fade.
If this works for you, I can upload it. There is probably a way better one on this site somewhere.
