{"id":75,"date":"2012-05-25T15:57:58","date_gmt":"2012-05-25T19:57:58","guid":{"rendered":"http:\/\/www.innovative-trading-solutions-online.com\/new\/?page_id=75"},"modified":"2021-02-07T10:32:50","modified_gmt":"2021-02-07T15:32:50","slug":"renko-hybrid-chart-one-computer","status":"publish","type":"page","link":"https:\/\/www.innovative-trading-solutions-online.com\/new\/renko-hybrid-chart-one-computer\/","title":{"rendered":"NinjaTrader Renko Hybrid Bar Chart"},"content":{"rendered":"
\n

Renko Hybrid Bar Chart<\/strong> 2.0<\/del>\u00a0<\/strong> with Synchronization
\n<\/strong><\/h1>\n

***<\/strong><\/h2>\n

This is the Original Hybrid Bar Chart that is changing the trading world.<\/strong><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Click on images below for zoom view<\/span><\/h2>\n

New \u2013 This bar chart is now viewed using two Custom Chart Styles <\/strong><\/span><\/p>\n

.<\/p>\n

Chart Style \u2013 <\/strong><\/span>RJay Classic Candles<\/strong><\/span><\/p>\n

\u00a0<\/strong><\/p>\n<\/div>\n

\n
\n

RenkoHybrid – 6\u00a0 <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 RenkoHybrid<\/strong><\/strong> – 2\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <\/strong><\/strong><\/strong>RenkoHybrid<\/strong><\/strong> – 18
\n<\/strong><\/strong><\/strong><\/p>\n

\"RenkoHybrid2<\/a>\u00a0 \"RenkoHybrid2<\/a>\u00a0 \"RenkoHybrid2<\/a><\/p>\n

 <\/p>\n

Chart Style \u2013 <\/strong><\/span>RJay XRay Candles<\/strong><\/span><\/strong><\/strong><\/strong> <\/strong><\/p>\n

 <\/p>\n

RenkoHybrid – 6\u00a0 <\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 \u00a0 \u00a0 \u00a0\u00a0 RenkoHybrid<\/strong><\/strong> – 2\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 \u00a0\u00a0 \u00a0 \u00a0 \u00a0 <\/strong><\/strong><\/strong>RenkoHybrid<\/strong><\/strong> – 18
\n<\/strong><\/strong><\/strong><\/p>\n

\"RenkoHybrid2<\/a>\u00a0 \"RenkoHybrid2<\/a>\u00a0 \"RenkoHybrid2<\/a><\/p>\n

.<\/p>\n

(Click on images\u00a0 for larger view. Click on image to advance to next image.)<\/p>\n

.<\/p>\n

Bar Synchronization Option Description <\/strong><\/span><\/p>\n

https:\/\/www.innovative-trading-solutions-online.com\/new\/chart-bar-body-synchronizer<\/span><\/strong><\/span><\/a><\/p>\n

.<\/p>\n

Renko Hybrid Chart Description<\/strong><\/p>\n

.<\/p>\n

Available only on the Ninja Trader platform, this chart type was built\u00a0specifically<\/strong> for both automated trading and hands on discretionary trading.<\/p>\n

RenkoHybrid has the responsiveness of a smaller bar size Renko Chart, with the noise filtering capacity of a larger bar size Renko Chart.<\/p>\n

Value settings are set to the larger bar size value and are restricted to even numbers to ensure mathematical accurate.\u00a0 An odd number would result in split ticks on the smaller bar size causing NT to round off numbers and lose accuracy.<\/strong><\/p>\n

.<\/p>\n

Secondary Series Information ( Ninjatrader 7 Only)<\/strong><\/span><\/p>\n

This product can now be used as a secondary chart series in Indicators and Strategies.<\/p>\n

Code Examples are as follows\u2026<\/p>\n

RenkoHybrid\u00a0 2\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0 >>>\u00a0\u00a0\u00a0\u00a0\u00a0 Add(PeriodType.Final0, 2);<\/p>\n

RenkoHybrid\u00a0 4 \u00a0\u00a0\u00a0\u00a0\u00a0 >>>\u00a0\u00a0\u00a0\u00a0\u00a0 Add(PeriodType.Final0, 4);<\/p>\n

RenkoHybrid\u00a0 12\u00a0\u00a0\u00a0 >>>\u00a0\u00a0\u00a0\u00a0\u00a0 Add(PeriodType.Final0, 12);<\/p>\n

.<\/p>\n

BackTesting:<\/strong><\/span><\/p>\n

While testing with real time data and market replay data is most accurate and preferred. If you must back-test,<\/p>\n

For RenkoHybrid 2.0 – adding slippage of\u00a0 one is preferred for realistic results.<\/strong><\/p>\n

For prior versions\u00a0 – adding slippage of\u00a0 1\/2 the bar height setting plus one is required for realistic results.<\/strong><\/p>\n

.<\/p>\n

(Please review\u00a0Disclaimer<\/strong><\/a><\/span> prior to ordering product)<\/p>\n

Order Ninjatrader 7 Purchase<\/span><\/a>\u00a0 <\/strong>of this product.<\/p>\n

Order Ninjatrader 8 Purchase<\/span><\/a><\/strong> of this product.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Renko Hybrid Bar Chart 2.0\u00a0 with Synchronization *** This is the Original Hybrid Bar Chart that is changing the trading world. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Click on images below for zoom view New \u2013 This bar chart is now viewed using two Custom Chart Styles…<\/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-75","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\/75","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=75"}],"version-history":[{"count":0,"href":"https:\/\/www.innovative-trading-solutions-online.com\/new\/wp-json\/wp\/v2\/pages\/75\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.innovative-trading-solutions-online.com\/new\/wp-json\/wp\/v2\/media?parent=75"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}