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Is there an Indicator for length of time for a bar to form in renko?
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Is there an Indicator for length of time for a bar to form in renko?

  #1 (permalink)
Elite Member
waldwick, new jersey, United States
 
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Is there an Indicator for length of time for a bar to form in renko?

I 'm using unirenko bars and when I get overbought or oversold according to RSI, the reversal bar generally takes a long time to form and Identifies tops and bottoms pretty well. Even before it completely forms.

Is there an indicator that shows length of time to form a bar in histogram form?

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  #3 (permalink)
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I think this indicator is what you want:

https://futures.io/local_links.php?action=ratelink&catid=27&linkid=1769

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  #4 (permalink)
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ramieltrader View Post

Is this indicator available for ninja 7?

It is just what I'm looking for.

Thanks

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mannya View Post
Is this indicator available for ninja 7?

It is just what I'm looking for.

Thanks

I don´t know. I just tried this that is for ninja 8

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  #6 (permalink)
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I thought renko bars were time independent. Therefore how can you have an indicator that tells you the remainder time?

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  #7 (permalink)
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iq200 View Post
I thought renko bars were time independent. Therefore how can you have an indicator that tells you the remainder time?

I think what the OP is after is the duration a particular bar takes to close. Presumably this applies to the current bar.

So to clarify, rather than saying something like "2 mins left for the bar to complete" (which you couldn't do as you rightly pointed out) it would say "bar open for 2 mins".

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  #8 (permalink)
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xplorer View Post
I think what the OP is after is the duration a particular bar takes to close. Presumably this applies to the current bar.

So to clarify, rather than saying something like "2 mins left for the bar to complete" (which you couldn't do as you rightly pointed out) it would say "bar open for 2 mins".

OK Thanks. That would make sense.

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