{"id":3140,"date":"2017-03-01T11:38:40","date_gmt":"2017-03-01T16:38:40","guid":{"rendered":"http:\/\/www.innovative-trading-solutions-online.com\/new\/?page_id=3140"},"modified":"2023-04-30T17:29:12","modified_gmt":"2023-04-30T21:29:12","slug":"ninjatrader-renkospectrum-bar-chart-2-0-3-0-upgrade","status":"publish","type":"page","link":"https:\/\/www.innovative-trading-solutions-online.com\/new\/ninjatrader-renkospectrum-bar-chart-2-0-3-0-upgrade\/","title":{"rendered":"NinjaTrader RenkoSpectrum Bar Chart 3.0"},"content":{"rendered":"<h1 style=\"text-align: center;\"><\/h1>\n<h1 style=\"text-align: center;\"><strong>Introducing RenkoSpectrum\u00a0\u00a0 Bar Chart 3.0 <\/strong><\/h1>\n<h1 style=\"text-align: center;\"><strong>(Adaptive)<\/strong><\/h1>\n<h2 style=\"text-align: center;\"><strong>***<\/strong><\/h2>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Renko Spectrum 3.0 Chart Description<\/strong><\/span><\/p>\n<p style=\"text-align: center;\">New to this version is the charts ability to automatically adapt to price changes due to market gaps and session breaks.<\/p>\n<p style=\"text-align: center;\">3.0 automatically extends the current bar to include any market gaps in real time.<\/p>\n<p style=\"text-align: center;\">Prior versions of this product create as many bars as necessary to jump the gap.<\/p>\n<p style=\"text-align: right;\">.<\/p>\n<p style=\"text-align: center;\">As with all of our 2.0 and 3.0 version bar charts, this product utilizes true bar open, bar high, bar low, and bar close in live market, replay, and back testing scenarios.<\/p>\n<p style=\"text-align: right;\">.<\/p>\n<h3 style=\"text-align: center;\"><strong>This Renko Bar Chart Utilizes a Two Variable System<\/strong><\/h3>\n<p style=\"text-align: center;\">Each variable is calculated independently from the other.<\/p>\n<p style=\"text-align: center;\">Both variables are calculated directly from instrument price ticks.( No funky math stuff )<\/p>\n<p style=\"text-align: right;\">.<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Variable One \u2013 Bar Body Renko<\/strong><\/span><\/p>\n<p style=\"text-align: center;\">This variable sets the number of instrument price ticks for the bar body height.<\/p>\n<p style=\"text-align: center;\">This adjustment\u00a0 determines how many ticks of \u201cprice movement\u201d is absorbed into the bar body height.<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Variable Two \u2013 New Bar Renko<\/strong><\/span><\/p>\n<p style=\"text-align: center;\">This variable determines when a new bar is to be created.<\/p>\n<p style=\"text-align: center;\">This occurs when the prior bar\u2019s ends in either direction is exceeded by\u00a0 New Bar Renko number on the current bar.<\/p>\n<p style=\"text-align: right;\">.<\/p>\n<p style=\"text-align: center;\">(Please review\u00a0<span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/www.innovative-trading-solutions-online.com\/new\/disclaimer\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Disclaimer<\/strong><\/a><\/span> prior to ordering product)<\/p>\n<p style=\"text-align: center;\">Order Ninjatrader 8 <strong><a href=\"https:\/\/www.innovative-trading-solutions-online.com\/new\/purchase-nt8\/\"><span style=\"color: #00ccff;\">Purchase<\/span><\/a><\/strong> of this product.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introducing RenkoSpectrum\u00a0\u00a0 Bar Chart 3.0 (Adaptive) *** Renko Spectrum 3.0 Chart Description New to this version is the charts ability to automatically adapt to price changes due to market gaps and session breaks. 3.0 automatically extends the current bar to include any&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3140","page","type-page","status-publish","hentry"],"aioseo_notices":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.innovative-trading-solutions-online.com\/new\/wp-json\/wp\/v2\/pages\/3140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.innovative-trading-solutions-online.com\/new\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.innovative-trading-solutions-online.com\/new\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.innovative-trading-solutions-online.com\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.innovative-trading-solutions-online.com\/new\/wp-json\/wp\/v2\/comments?post=3140"}],"version-history":[{"count":0,"href":"https:\/\/www.innovative-trading-solutions-online.com\/new\/wp-json\/wp\/v2\/pages\/3140\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.innovative-trading-solutions-online.com\/new\/wp-json\/wp\/v2\/media?parent=3140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}