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Just close prices, without open prices
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Just close prices, without open prices

  #1 (permalink)
Trading Apprentice
Joinville Santa Catarina/ Brasil
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Currency
 
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Just close prices, without open prices

Anyone know if exist a way to use just close prices in chart style, for when a new candle open use the close price of the previous candle.
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Last edited by jeanalves; November 24th, 2017 at 05:59 PM. Reason: Add Image
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  #2 (permalink)
Market Wizard
Germany
 
Futures Experience: Intermediate
Platform: Other
Favorite Futures: ES, YM, 6E
 
Posts: 2,640 since Feb 2013
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Answer
This post has been selected as an answer to the original posters question Answer

NT has a HLC chart style for such bars (if you don't want to program your own bar type):
https://ninjatrader.com/support/helpGuides/nt8/en-us/?chart_styles.htm
See their corresponding warning below the HLC style.

SC has an option to artificially set Open=Close range bars:
https://www.sierrachart.com/index.php?page=doc/ChartSettings.html#RangeBarOpenClose

Keep in mind that all of the measures are purely artificial for time/range/volume based bars, i.e. the
behavior of your bars will consistently differ from the real prices.



----------

If you want to visually keep Open=Close switch to Renko or other Reversal Bars which are based
solely on price movement with no regard to time or volume. Nevertheless these bar styles leave
you with a decision about how to treat gaps (visual/artificial fill vs showing the gap).

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  #3 (permalink)
Elite Member
Columbus, OH
 
Futures Experience: Advanced
Platform: NT8
Favorite Futures: ES, CL, GC, NQ, YM, RTY/TF/EMD, 6A/B/C/E/S
 
Posts: 28 since Jan 2017
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Coded this up awhile ago because I wanted the exact same thing you do. Works great and makes charts much easier to read. Let me know if you have any suggestions.

https://futures.io/local_links.php?action=ratelink&catid=27&linkid=1867

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