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NoGapRangeBars_NT65

This is a slightly modified version of NinjaTrader's Range Bars.

In NinjaTrader's Range Bars, the Open[0] of each bar equals Close[0].

In This version, the Open[0] of each bar equals Close[1] .

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.

Category NinjaTrader 7 Miscellaneous

Details: NoGapRangeBars_NT65
Category: NinjaTrader 7 Miscellaneous

August 25th, 2009
Size: 1.43 KB
Downloaded: 797 times

Comments/ratings

HJay September 26th, 2009 01:23 PM

Nice job on this RJay!...

gannman September 29th, 2009 04:06 PM

Thanks RJay...these look great!

tomgilb December 4th, 2009 01:04 PM

Many thanks, RJay! You have filled the gap in Ninja's range bar choices. (pun intended).
-Tom

stephenszpak December 8th, 2009 03:35 AM

Looks like it has potential. I am trying them out
on the YM using MarketReplay.
- Stephen

Flash March 1st, 2010 12:37 AM

It's good to be "home on the range"! Thanks, RJay