UniRenko vs SmartRenko

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futuristictrader3467

Hello everyone,

Quick intro, I began trading over 10 years ago but found limited success. Back then I primarily used SmartRenko for my charting. I recently got laid off my job and decided to give trading another shot. Upon research I found a new tool called UniRenko, from what I read, it makes the charts far cleaner and provides better entry points. I primarily trade CL and GC, wondering if anyone here has any experience with UniRenko charts?

Thanks
 
futuristictrader3467 said:
Hello everyone,

Quick intro, I began trading over 10 years ago but found limited success. Back then I primarily used SmartRenko for my charting. I recently got laid off my job and decided to give trading another shot. Upon research I found a new tool called UniRenko, from what I read, it makes the charts far cleaner and provides better entry points. I primarily trade CL and GC, wondering if anyone here has any experience with UniRenko charts?

Thanks
More...

I use a custom Unirenko variant. "Smartrenkos" sound like a custom variant of Unirenkos, so I am sure they are very very similar to what you used to use.
 
futuristictrader3467 said:
Thank you I appreciate it, from what I see the main difference lies in the "tick offset"
More...

If you can show a chart of your smartrenko, I can post a chart of the version I use. Say, the lats hour of today's NQ action. It might give a good comparison.
 
upload_2021-2-3_16-24-25.png

Here is an example of my chart for GC
 
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