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BetterBrick ChartStyle 5 *
This is the NinjaTrader 8 version of the BetterBrick ChartStyle, which is especially useful in conjunction with the BetterRenko Bar Type.

You can find the discussion thread here: https://futures.io/elite-circle/4978-better-renko.html

History:
v1 20100807 - @Aslan created to go with BetterRenko
v2 20100812- @Aslan changed to paint OHLC bar for live bar
v2 20150719 - @Dalebru converted to NT8. Exported with NinjaTrader 8.0.0.5
v2 20170102 = @shanmugs added missing "Open" line
v2 20180306 - @DaleBru changed ChartStyleType enum value that conflicted with recent NT8 update
v2 20180409 - @DaleBru exported with NinjaTrader 8.0.12.0


Category NinjaTrader 8 Indicators and More 
 
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Details: BetterBrick ChartStyle
Category: NinjaTrader 8 Indicators and More 


April 9th, 2018
Size: 2.25 KB
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Keywords: betterbrick betterrenko chartstyle renko
Better Renko Bar Type NJ 8.0.0.13 5 *
This is the NinjaTrader 8 version of BetterRenkoV2.

This Renko bar type is backtestable. It does not generate false "fill-in" bars. It maintains a true OHLC and displays properly with the Candlestick ChartStyle. If you want it to look like bricks, use the BetterBrick ChartStyle.

This is a tick-based bar, so initial loading can be slow. The NT8 "Break at EOD" feature is also supported, allowing bars to continue across session breaks.

You can find the discussion thread here: https://futures.io/elite-circle/4978-better-renko.html

History:
v1 20100807 - @Aslan created BetterRenko to address issues with other types of Renko bars
v2 20101118 - @Aslan changed initial brick alignment to brick size
v2 20150719 - @Dalebru converted to NT8. Exported with NinjaTrader 8.0.0.5
v2 20160508 - @antonma fixed SessionIterator compiler error for NinjaTrader 8.0.0.9
v2 20160910 - @antonma fixed SessionIterator error for NinjaTrader 8.0.0.13


Category NinjaTrader 8 Indicators and More 
 
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Details: Better Renko Bar Type NJ 8.0.0.13
Category: NinjaTrader 8 Indicators and More 


May 8th, 2016
Size: 2.42 KB
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Keywords: betterrenko renko
UniRenko - Universal Renko BarType 5 *
This is my implementation of a Universal Renko bar type. It allows the user to choose when the bar closes in the direction of the previous bar (Trend), and when it closes in the direction against the previous bar (Reversal).

This allows you to tailor the bar to behave specifically how you want it in ways that hopefully may enhance your particular trading style. As an example, if I am a reversal trader, entering on reversal bars, and putting my stop behind the entry bar, I can choose trend and reversal settings that minimize the size of reversal bars, and therefore optimize my stop sizes, etc.

Parameters are:

'Tick Trend' - Number of ticks to close the bar in the Trend direction
'Tick Reversal' - Number of ticks to close the bar in the Reversal direction
'Open Offset' - Number of ticks offset to draw the artificial open

Like most Renko bars, the bar open is artificial, and is placed by default halfway up the previous bar. The open is aesthetic only, it is not used in the bar size calculation. The tails on the bar show real prices. The artificial Open may affect your backtesting depending on the coding of your strategy. Internally uses NT PeriodType.Custom5

V2:
To support Muti TimeFrame indicators/strategies using the Add() method, added an alternative way to specify all bar specs in the 'Tick Trend' parameter. You can now alternatively specify each parameter as 3 digits in the Data Series window 'Tick Trend' parameter or Add() method 'Period' parameter. For example to specify TickTrend=4 , TickReversal=8, OpenOffset=2 or (T4R8O2) then specify: 'Tick Trend'=004008002 in Data Series window, or Add(PeriodType.custom5, 004008002);' in your MTF code. The normal way of specifying the parameters will continue to work as well.

IMPORTANT UPDATE JULY 11 2013, "VERSION 3" -- FROM BIG MIKE:
July 11 2013: Please note, user "dstrader" has uploaded a crucial bug fix for this bartype. You can find the download link here: https://futures.io/download/ninjatrader-7/indicators/1430-download.html?view

Note you must use that link to download V3.

You can find the discussion thread here: https://futures.io/ninjatrader/24408-unirenko-universal-renko-bar-type-20.html#post343052


Category NinjaTrader 7 Indicators 
 
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Details: UniRenko - Universal Renko BarType
Category: NinjaTrader 7 Indicators 


July 11th, 2013
Size: 2.08 KB
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Keywords: bar unirenko trend renko bartype universal type reversal monpere
UniRenko Projected Bar Closes 5 *
Indicator marks where current UniRenko bar will close in both directions.


Category NinjaTrader 7 Indicators 
 
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Details: UniRenko Projected Bar Closes
Category: NinjaTrader 7 Indicators 


November 29th, 2012
Size: 2.13 KB
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Keywords: bar close monpere predict predictor projected renko unirenko universal
RBI (RenkoBarsIndicator) 5 *
I recently wrote this RBI indicator and found it very useful for my trading. I got frustrated of fighting the bugs of different BarsTypes (for instance Tick and Renko charts of the same instrument), and the ugly superposition of different Bars Types in NT7.

So what I am doing now is calculating and plotting as an INDICATOR the "LineOnClose" of the Renko Bars on top of 1 Range and 1 Tick Charts (I also use others), so that the nice "big picture" noise filtering view of the Renko bars combines well with the detailed price action. Works great on strategies, no need to use "AddRenko" or Add(PeriodType.Renko), they run much faster.

See attached screen capture, the Black plots are the LineOnClose of the 1 Range or 1 Tick Bars, the Blue plots are the LineOnClose of the RBI. You can select the BrickSize, Reversal amount (Renko's default is 2 Bars) , and to color the backgound based on the RenkoTrend. It also has a RenkoTrend +1 / -1 output for strategy integration uses. I hope you find it useful, I have "borrowed" so much good stuff from BMT!

Compiled on NT7 b18, works also on NT 6.5.


Category The Elite Circle 
 
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Details: RBI (RenkoBarsIndicator)
Category: The Elite Circle 


July 20th, 2010
Size: 2.66 KB
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Keywords: renko drben
SbS Renko for NinjaTrader 7.0 5 *
Renko variation which shows current price, highs and lows of the price travel during the formation of the bar.

Import as a regular indicator.
Do not look for it in the indicator list.

It will appear under Interval Settings in "Format Data Series" dialog


COMPATIBILITY:
NinjaTrader 6.5: No
NinjaTrader 7.0: Yes


Category NinjaTrader 7 Miscellaneous 
 
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Details: SbS Renko for NinjaTrader 7.0
Category: NinjaTrader 7 Miscellaneous 


May 14th, 2010
Size: 3.69 KB
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Keywords: renko roonius sbs
Renko Bars
Renko charts are price charts with rising and falling diagonal lines of boxes that are either filled or hollow. Renko charts are "time independent" charts that do not have constantly spaced time axes.

The word "Renko" comes from "Renga", the Japanese word for "brick". The filled and hollow squares that make up a Renko chart are often referred to as "bricks." Renko charts were popularized by Steve Nison in his book "Beyond Candlesticks".

Renko charts have a pre-determined "Brick Size" that is used to determine when new bricks are added to the chart. If prices move more than the Brick Size above the top (or below the bottom) of the last brick on the chart, a new brick is added in the next chart column. Hollow bricks are added if prices are rising. Black bricks are added if prices are falling. Only one type of brick can be added per time period. Bricks are always with their corners touching and no more than one brick may occupy each chart column.

It's important to note that prices may exceed the top (or bottom) of the current brick. Again, new bricks are only added when prices completely "fill" the brick. For example, for a 5-point chart, if prices rise from 98 to 102, the hollow brick that goes from 95 to 100 is added to the chart BUT the hollow brick that goes from 100 to 105 is NOT DRAWN. The Renko chart will give the impression that prices stopped at 100.

It's also important to remember that Renko charts may not change for several time periods. Prices have to rise or fall "significantly" in order for bricks to be added.

Courtesy roonius @ tradingstudies.com


Category NinjaTrader 6.5 Miscellaneous 
 
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Details: Renko Bars
Category: NinjaTrader 6.5 Miscellaneous 


July 3rd, 2009
Size: 1.58 KB
Downloaded: 292 times

Keywords: bars renko
 


 
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