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Range Charts

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    Range Charts

    most likely a question asked many many times,
    but i don't know how to search the forum very well i guess.

    Concerning NT8 native Range Charts
    will they display correctly?
    In
    historical data, playback mode, with only a demo account running?

    Thanks

    #2
    Hello Genesis2021,

    Thank you for the message.

    Yes, the Range Charts will work as expected when using the Playback Connection with Historical Data. Please see this example of me testing this:

    Click image for larger version

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    Range Bars


    A Range bar is based on a specified tick price range. The bar will continue to develop until the price range is broken, at which point a new bar will be created.

    Note: A tick in this instance is different from a tick in a Tick bar described in the sub-section above. A tick in a Tick bar represents the point at which an actual trade occurred, whereas a tick in a Range bar represents a price increment, or a movement on the price axis of the chart. This increment is the smallest price movement the instrument can make, and may differ by instrument. For example, a tick on the e-mini S&P 500 (ES) equates to a movement of 0.25, while a tick on AAPL stock equates to a movement of 0.01. More information on setting an instrument's Tick Size can be found on the Editing Instruments page.

    https://ninjatrader.com/de/support/helpGuides/nt8/index.html?bar_types.htm#UnderstandingRangeBars

    As well, please see the following link for more information on how things can be different in real-time vs a backtest:
    Clayton G.NinjaTrader Customer Service

    Comment


      #3
      Thanks Clayton

      Comment

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