NinjaCoding @ NinjaTrader
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No fake opens, no fake values. Real interesting code review, full explanation on how these bars are made.
Just finished a 45 code review video for these bars so will be releasing these bars today.
NC RenkoBars Source Code Coming Soon, these bars are very similar to NinzaRenko however they do NOT have fake values so can be fully back testable. Also, the code review will look into creating your own Bar Types which is something that I have not looked into for a long time.
Hello guys, for those who purchased NC Block Marker yesterday the file is uploaded now. There was an error and there was no file. All good now.
Secondly, for those not interested in coding, I think it can really speed up your set up and you can easily plot required levels on the chart with no need to spend ages plotting lines. Additionally once the levels are actually crossed they will change color. If comparing this algo to the automatic one, the automatic one has many more levels and does create some noise that you might not need where this one is completely controlled by the user.
I think he indictor has two main high lights. First, it has a really cool coding solution that allows you to a) identify which bar you clicked on b) get that bar OHLC and time c) build level based on that bar body or high/low c) figure out whether the market price has already crossed over/under this level
