Thank you
Announcement
Collapse
No announcement yet.
Partner 728x90
Collapse
NinjaTrader
Renko bars
Collapse
X
-
Renko bars
Does anyone know if it is possible to set Renko bars to a time period such as a 15 minute or 30 minute bar instead of the typical tick setting? Maybe it is a different type of Renko bar that I am not aware of. I am looking to duplicate a set up I seen & am having issues in doing so. There is no way to contact the guy who set it up as far as I know. I have posted a picture of the set up, it is a 240 minute, 60 minute, 30 minute & a 15 minute bar. Any help would be great. Happy trading.
Thank youTags: None
-
Renko bar types by definition are not based on time. Here is a part of the definition pulled from the Renko bar type help guide page:
Renko bars are based solely on price movement with no regard to time or volume. Each bar is known as a "brick," and is plotted as green by default when price is moving up and red by default when price is moving down. A new brick is plotted when price exceeds the High or Low of the previous brick by a specified amount, known as the Brick size.
I am unaware of a custom Renko bar type which accomplishes what you desire, however, I have provided a search for 'Renko' of add-ons available on this forum here.
I see that you were working with my colleague ChrisJ via email in ticket #1961929 with this question. If you can't find what you want, respond to his email so we can put you in contact with a third-party developer who may have what you're looking for or could create it for you. We can also provide resources and assistances to program this yourself via NinjaScript.
I encourage any users who may be aware of a Renko bar which performs this way to provide their feedback.
-
Thanks
Thanks for the reply guys. I thought it was possible as I watched a video of a guy using them but I do believe to build them myself on Ninja is a bit over my skills. The platform the other trader was using was MT4 & it looked like a profitable system but I will have to hold off for now & figure something else out.
Thank you
Comment
Latest Posts
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by TheWhiteDragon, 01-21-2019, 12:44 PM
|
4 responses
541 views
0 likes
|
Last Post
by PaulMohn
Today, 04:09 AM
|
||
Started by GLFX005, Today, 03:23 AM
|
0 responses
2 views
0 likes
|
Last Post
by GLFX005
Today, 03:23 AM
|
||
Started by XXtrader, Yesterday, 11:30 PM
|
2 responses
11 views
0 likes
|
Last Post
by XXtrader
Today, 03:07 AM
|
||
Started by Waxavi, Today, 02:10 AM
|
0 responses
7 views
0 likes
|
Last Post
by Waxavi
Today, 02:10 AM
|
||
Started by TradeForge, Today, 02:09 AM
|
0 responses
14 views
0 likes
|
Last Post
by TradeForge
Today, 02:09 AM
|
Comment