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Much needed option for Renko timeframe

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    Much needed option for Renko timeframe

    Hello NT Team,

    Ninjatrader is a great product!

    Currently, every first Renko bar is printed at the beginning of a session based on open price.

    I suggest an addition of option to Renko timeframe menu to let the first Renko bar of the chart to be printed at the first open price. Then the subsequent of Renko bars would be printed evenly out based on previous bar's closing(ignoring session ending) in the entire chart.

    Another suggestion is the next Renko bar not to be aligned in with the previous bar(s).

    Doable? Let me know if you have any questions.

    Thank you,
    -traderjh
    Last edited by traderjh; 01-19-2013, 11:51 AM. Reason: Clarification

    #2
    Hello traderjh,

    I will forward your suggestion to our Development team for futures releases of NinjaTrader.

    Note that there are a number of Custom Renko Bars out there that you may try out that may accomplish this. You may see the following links.



    NJAMC, Will those 0 vol bars also cause NT to pause until the close of a bar with vol? I have had this happen several times w/CL. I know it is not with IB because Bracket Trader continues to update and the DOM also updates, although the last price is stuck at the close just preceding the gap. I was thinking of modding SbS Renko, and others, to add a vol of 1 if 0 vol like: AddBar(bars, bar.Open, mymax + rangeValue, bar.Low, mymax + rangeValue, time, (bar.Volume == 0 ? 1 : bar.Volume), isRealtime); does …


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