The Renko bars for NinjaTrader 7 are based on pure price action and make it easier for traders to visualize the trend. They were developed by the Japanese, and are thought to be named for the Japanese word for bricks, “renga”, as the chart looks like bricks. Trading123 Renko bars smooth out the price action and give the trader a clean easy to read chart. This results in less noise and chop which will provide for longer trades that you manage to your targets. Trade any futures, YM, CL, ES, NQ, TF with our Renko bars. We are a proud member of the NinjaTrader Ecosystem since 2007.
Our indicators are applicable to all global markets and various time frames including minute, daily, tick, range, volume and Renko. You can use the Renko charts to trade equities, commodities, any futures contracts or trade the NYSE, DOW and NASDAQ stocks.
We provide support for our software call us on the phone or email us. All emails are answered within 2-3 hours. All sales are final there are no refunds or returns or I changed my mind.
Designed for the NinjaTrader Platform the renko bars were designed specifically for both automated trading and discretionary trading. They can be used with any bar size and has built in noise filtering for smoothing of the bars. Which result in longer trends.
As you see from the Renko charts below, the Renko bars remove choppiness and have built in noise filtering the makes trading easier. Entry signals are clearly defined, they provide true price wick display with the added benefits of proprietary intra-bar calculations.
Color coded bars help keep you in the trend, red for a down trend and green for uptrend.
Trading123 indicators come with Step by Step Manuals and Trading Videos. When you buy an indicator what good is it if you don’t know how to properly use it? All our indicators come with a PDF manual that explains how to install it and use it within the NinjaTrader Trading Platform. Plus there is a video to review on how to trade with the indicator to be successful.
The charts below show the clear trends and the long wick candles. They help identify trend changes, along with the color-coded candles, red for down-trend and green for an uptrend.
NinjaTrader Renko Bars
NinjaTrader 7 Renko Bars
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