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Brick Size & Trend Threshold Setting for Renko Bars

Feature RequestChartsTrading

My main platform is Ninja Trader, but I would love to switch over to TopStep X, but I currently use a specific style of Renko bars referred to as ninZaRenko.

So the difference here is they allow brick size and trend threshold settings to be added. So I would like to request the ability to add both brick size and trend threshold to Renko. Thank you.

Posted by jnova82 ·
Status: Added to Backlog2 comments

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Comments2

  • acfncp4

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    Jul 20

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    Merged request

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    4 votes

    renko brick size : right now only 400 ticks brick size .. there is no way to lower the brick size ... I currently set my brick size to 12 ticks .. thanks Bill

  • jnova82

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    Jun 14, 2024

    In case you're wondering these are the settings and how it looks inside NT. I have no clue if it uses ATR or traditional. I just install it, choose my brick size and trend threshold. They offer this as a free download on their website.

    From their website:

    The NinjaTrader Renko charts plotted by our ninZaRenko bar are entirely based on price movement and completely ignore the time factor. As a result, ninZaRenko takes away negligible price fluctuations, thus considerably removing noise in the financial markets.

    Moreover, this awesome NinjaTrader Renko bar helps you easily recognize strong trend moves as well as detect valuable turning points to make clever entry and exit orders.

    With all the undeniable benefits it brings, our ninZaRenko is a must-have bar for you to build a great NinjaTrader Renko strategy.

    Please read the information below about the key features of this remarkable NinjaTrader Renko bar with wicks.

    Key features:

    • Help you visualize trends with ease and comfort

    • Print wicks that show real lows & highs of renko bars

    • Give you total control on how bars are defined via 2 simple parameters: "Brick Size" & "Trend Threshold"