RenkoLive Bar Chart
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The RenkoLive Bar Chart. Providing features desired but not available on NT’s Renko Bars.
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RenkoLive – 2 Tick Bar Body RenkoLive – 4 Tick Bar Body
RenkoLive – 8 Tick Bar Body RenkoLive – 15 Tick Bar Body
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RenkoLive Chart Description
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The RenkoLive Bar Chart. Providing features desired but not available on NT’s Renko Bars.
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What makes this chart type Different from NT Renko chart is that it uses the true Open, High, Low, Close data for each bar.
True Highs and Lows are displayed with wicks. Once the bar is open, the open series never updates like the NT version.
If you do not want to see the wicks, just set wick color to transparent.
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Bar Synchronization Option Description
https://www.innovative-trading-solutions-online.com/new/chart-bar-body-synchronizer
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BackTesting:
While testing with real time data and market replay data is most accurate and preferred.
If you must back-test, These bars will yield acceptable results.
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(Please review Disclaimer prior to ordering product)
Order Ninjatrader 7 Purchase of this product.
Order Ninjatrader 8 Purchase of this product.