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New style Order flow for NT...

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ootl10 Newbie

ootl10

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Posted (edited)

5 tick renko using footprint on chart to trade nifty

histrogram is difference of buyers and sellers

some kind of moving average

 

edit this one is used

it is zippy because it is free and many members can access

use a download manager idm or jdownloader if you need

 

https://www84.zippyshare.com/v/jAHxaqQ8/file.html

Edited by ootl10
adding renko
ootl10 Newbie

ootl10

Posted
Posted

renko trading uses change in block from bullish to bearish and so on

like if renko is bearish and footprint has more selling

renko pushes orders together and may look same as using macd and moving average

 

using footprint profile is better than on renko for trading so I would not trade this

but it does look nice :)

 

Dear OOTI10, Thanks for sharing..

please elaborate more about the indi means chart based explanation and how to take conclusion about entry in trade...etc.

any settings need in indi,if yes, post with picture...

 

Happy trading...

option trader Contributor

⭐ option trader

Posted
  • Author
Posted

Here most of them using Ninja Trader but anyone can't elaborate about the chart and it's efficiency of usage on trade and pro's & cons..

it's very sad about ninja traders... ( i am not blame anyone , but no more discussion is...!!!)

 

Happy Trading

Anon55 Newbie

⭐ Anon55

Posted
Posted

The indicator shared here is not the same add-on as shown in post #1, UniRenko.zip shared here, can be downloaded from hxxps://ninjatraderecosystem.com/user-app-share-download/unirenko-universal-renko-bartype-8/

 

It can be seen that image posted here and the one on the website are different.

option trader Contributor

⭐ option trader

Posted
  • Author
Posted (edited)

thanks for reply, in net we can get so many MP indicator but as i post the mp chart is different, its have something in chart

justinfotech have MP indi /templatebut not like posted chart.

 

anyway it's better than nothing..

 

Happy trading.

Edited by option trader
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