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NoGapRangeBars / RangeNoGap


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NoGapRangeBars / RangeNoGap

  #11 (permalink)
 
RJay's Avatar
 RJay 
Hartford, CT. USA
 
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AynRandFan View Post
I like this modification by a significant degree -- and it also seems to me that moving averages tend to be "cleaner" on these charts -- although I may be imagining that, and it only looks & feels cleaner. However, the look and feel of charts does matter; most "real" traders are finicky & particular about how they want their charts -- I'm no exception to that, by the way; I love a nice clean chart. In any case, I like this a bunch, and I thank you for sharing it.


AynRandFan,

When I realized that NT had actually designed low level chop into their Range bars to meet trade industry specs description for this bar type, I blew a gasket!!!

I created NoGapRangeBars to correct a problem that NT said didn't exist.

I am posting images of each so others here can see what I'm talking about.

RJay

NoGapRangeBars



RangeBars


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  #12 (permalink)
 sukhsan 
Ottawa, Canada
 
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Thanks RJay,

I used your NoGapRange bars on my trend chart and take entries on Point O bars because u can see the steps there.

SSS

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  #13 (permalink)
 igork11 
California
 
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RJay View Post
Hi Todd,

The new zip program on my computer has hijacked NT's zip utility.

Sorry about that.

unzip the file and put it in the ninjatrader6.5/bin/custom/type folder.

Then import any indicator with NT's import utility. this will trigger a reset of intellisense's cache.

Open an edit of any indicator, compile and save. This will reload the cache.

exit and restart NT. (save workspace)

New listing will be in the type dropdown list.

Good luck,

RJay

Update: Zip file has been relocated to the misc download area.

Hi RJay,

I'm happy to have your NoGapRange bars. Followed your instructions but NoGapRange options doesn't appear in BarStyle dropping List. It may be my specific problem. Do you have an idea how to fix the problems? Alternative way? Please help.

Igor

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  #14 (permalink)
 
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 Saroj 
Arcata, CA
 
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I copied MedianRenko.cs into My docs\bin\Custom\Type... recompiled indicators... closed and reopened NT.. don't see anywhere where to choose them... seems like the choice should show up when you click the bar type icon in the bar... I also tried clicking the bar type selection....nodo; then the Format Data Series... the only things that show up in the "Type" drop down are Cufutes, Currency, etc... nothing even in the same category as a bar type. the indicators have been compiled since I copied it in there.

Any thoughts?

Saroj

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  #15 (permalink)
 
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 lolu 
Lagos, Nigeria
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Saroj View Post
I copied MedianRenko.cs into My docs\bin\Custom\Type... recompiled indicators... closed and reopened NT.. don't see anywhere where to choose them... seems like the choice should show up when you click the bar type icon in the bar... I also tried clicking the bar type selection....nodo; then the Format Data Series... the only things that show up in the "Type" drop down are Cufutes, Currency, etc... nothing even in the same category as a bar type. the indicators have been compiled since I copied it in there.

Any thoughts?

Saroj

Saroj,

When you do "Format Data Series", you'll see "Interval Settings", this "Interval Settings" consists of the "period" and "bar" type settings. See the attached snapshot.

Lolu

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  #16 (permalink)
 igork11 
California
 
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lolu View Post
Saroj,

When you do "Format Data Series", you'll see "Interval Settings", this "Interval Settings" consists of the "period" and "bar" type settings. See the attached snapshot.

Lolu

Lolu,

Thanks, it really works

Igor

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  #17 (permalink)
 
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 RJay 
Hartford, CT. USA
 
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Saroj View Post
I copied MedianRenko.cs into My docs\bin\Custom\Type... recompiled indicators... closed and reopened NT.. don't see anywhere where to choose them... seems like the choice should show up when you click the bar type icon in the bar... I also tried clicking the bar type selection....nodo; then the Format Data Series... the only things that show up in the "Type" drop down are Cufutes, Currency, etc... nothing even in the same category as a bar type. the indicators have been compiled since I copied it in there.

Any thoughts?

Saroj

Saroj,

If you are using NT 6.5 and you triggered an intellisense reload and you have rebooted NT and still don't see the new chart type, you may have a periodtype or Sortorder conflict.

Check all your non default chart types for the following info:

----------------------------------------------------------------------------------

public xxxxxxxxxxxxx () : base(PeriodType.Custom4)

public override int SortOrder
{
get { return 13390; }
}

----------------------------------------------------------------------------------

the code in red must be unique. If it is not unique, one chart type can override the other.

RJay

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  #18 (permalink)
 
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 RBSailing 
Palm Beach Gardens
 
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I have been trading range bars for some time. I guess the gap never really bothered me. But I did download your type file and will check it fully. Thanks for the work.
I compared two charts of the ES carefully and as you sated you changes the "open"Mark to match the close of the previous bar. It looks to me like the bars are the same "size" and measure so in the dta box ie the High and Low of the corresponding bars match.
As for the effect on an indicator. Only indicators that use the Open or Typical price value would be affected. Most use the Close , Median , Low or High which are not affected by your modification.
Thanks for the work

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  #19 (permalink)
 
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 Saroj 
Arcata, CA
 
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lolu View Post
Saroj,

When you do "Format Data Series", you'll see "Interval Settings", this "Interval Settings" consists of the "period" and "bar" type settings. See the attached snapshot.

Lolu

Thanks much, lolu... nothing like a picture... I had already discovered that and all works great now... I was told it was a "type" so, being a literalist, I only looked in the "Type" list... which is something entirely different.

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  #20 (permalink)
 
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 Saroj 
Arcata, CA
 
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thanks RJay... all good now.. I'd like to know more about renko bars... got a reference?

like... how they affect indicators, how to know what the "real" OHLC are...

The only indicators I use are Bollinger Bands,CCI and volume and they seem really good with the renko bars.

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