TickRangeAdaptive Bar Chart 2.0 for Ninjatrader 8 Only
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The TickRangeAdaptive Bar Chart. Representing a new level of sophistication in tick based price charts.
This chart has the ability to automatically switch between Tick Based Bars and Price Based Range Bars.
Four images of TickRangeAdaptive vs Tick charts are shown below.
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(Click on images for larger view)
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TickRangeAdaptive Bar Chart Images Description
Top chart in each above Image is the TickRangeAdaptive Bar Chart.
Bottom chart in each above Image is a standard Tick Chart.
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How does the TickRangeAdaptive Bar Chart work?
When the market price is moving faster than your selected tick size, this chart program switches from tick bars to range bars during volatile periods in the market. It then switches back to ticks when the market volatility slows down. While in range mode, the normally “large bar” gets separated into a series of smaller bars based on your selected ticks setting.
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There are two things that need to be set when loading this chart.
1. Select the desired ticks per bar in Trade Ticks.
2. Select the Range bar size setting in Price Ticks.
(Note: The Range Bars in this chart use RJay’s RangeNoGap Bar coding)
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(Please review Disclaimer prior to ordering product)
Order Ninjatrader 8 Purchase of this product.