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I think you need to restart NinjaTrader because you are installing a new bartype. After you restart ninja, create a new chart and where the type of chart is listed tick, range, minute, daily, etc.. you should now find the type Unirenko.
Be yourself; everyone else is already taken. Oscar Wilde
I have a question about how UniRenko bars are calculated if a tick arrives which is essentially outside of the current bars boundaries creating a new bar and essentially, out of the next.
For example, on CL, using T2R6O2 (Trend = 2, Reversal = 6, Offset = 2) and tickSize = 0.01 with the previous bar close of 95.50 going bullish, a new bar should be created if tick price goes more than 95.52 or beyond or less than 95.44.
What would happen if the new tick came in at 95.60? Would a phantom bar be created to fill in the gap because essentially, each brick using the above configuration would be 4 ticks.
I hope I've explained my question clearly and I hope someone knows the answer to this.
In that case, a series of "phantom" bricks would be constructed to fill the price gap, each with it's phantom or theoretical open 2 ticks inside the prior brick.
Thank you "trendwaves", I just couldn't see the logic in the Ninja Script for this when I opened up the UniRenkoBarsType.cs file. Maybe my Ninja Scripting is just a little rusty ;-)
Tasker, so at a session break, on resume of a session, for the first bar, how is the previous Close calculated? As far as I understand, UniRenko uses previous Close as the point of all calculations.
I am looking to get the bar type modified if possible. I am looking to be able to set where the first candle of the session closes. For example, I want the candles on the ES to always close on the even dollar amounts in each daily session. Is there a way to add code to force the close. Or can I add code to create a phantom bar based on the opening price of the session to accomplish this feat. Thanks in advance.
