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Renko strategy

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    Renko strategy

    Hi I am developing a strategy with Renko bars, I know they can give very deceiving results as they do not show the true open price of a candle, to counter this I have added a additional data series and entered all my trades through the secondary data series I have also set all the indicators that are used with the strategy to be calculated on the close of the bars.
    Just wanted to know if there is anything more that I can do or should do to make the backtest of Renko bars more accurate (apart from live/market replay)

    #2
    Hello Mazz1598,

    Thank you for writing in.

    You would want to be sure you are using the same start date of each test. You may also want to confirm that each test, the candles are being built the same. 1 tick difference for a Renko bar could cause a new bar to form and you could see discrepancies.

    See how bars are built section of our helpguide,
    https://ninjatrader.com/support/help..._are_built.htm

    Please let us know if you need further assistance.
    Alan P.NinjaTrader Customer Service

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