NoGapRangeBars are a slightly modified version of NinjaTrader's Range Bars.
In NinjaTrader's Range Bars, the Open[0] of each bar equals Close[0] at the open of each bar.
In This version, the Open[0] of each bar equals Close[1] at the open of each bar.
NinjaTrader's Range Bars set on a 4 tick range needs 5 ticks of movement to create a new bar.
This version set on a 4 tick range needs just 4 ticks of movement to create a new bar.
It closes the gaps in trending bars.
It also removes a 1 tick hash programmed into the chart when the market is moving sideways.
I think it makes for a cleaner chart.
Update: Period.Type changed to resolve a conflict. New ID is Custom2
Category NinjaTrader 7 Miscellaneous
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