KingRenko$
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Product Description
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To other vendors/developers: KingRenko$'s ID is 678910. Each custom bar type on the market should have a different ID, so that ID interference can be avoided.
Have you ever taken a moment to consider the real 'face' of ninZaRenko, the popular renko bar that is widely used on NinjaTrader 8?
One of the reasons for its popularity is its ability to simplify trend visualization, achieved through the use of an "artificial". That ensures a consistent brick size between up and down candles, resulting in harmonious charts that are easy on the eyes.
However, this feature poses a problem for system builders, as ninZaRenko cannot be accurately backtested. This led us to develop KingRenko$, a new bar type for NinjaTrader 8 that does not use an artificial open and relies solely on real data.
This makes KingRenko$ the real "face" of ninZaRenko with the real OHLC, and it can be backtested accurately, allowing traders to fine-tune their strategies with greater confidence.
Not only is KingRenko$ good for backtesting, but it's also great for live trading as it provides the real OHLC values for each candle. It shares the same settings as ninZaRenko, including "Trend Threshold" and "Brick Size," so Close prices for both bar types match exactly when the settings are the same.
This means that any indicators based on Close prices will have identical values on both ninZaRenko and KingRenko$ charts, allowing traders to seamlessly transition between the two bar types.
Usability
Ready to use out of the box
Fully configurable & customizable with ease
30 Days ninZa Exchange
If you are not satisfied with an indicator you’ve bought, you may request us to replace it with another indicator of the comparable price for you.
Software Changelog
Oct 25, 2022
Version 1.0 - The bar type was released (built new).
Product Media
How to Install?
Step by step guide on how to install the indicators
From Happy Customers
By: Nick K
Love ninZa.Co!
I’ve just purchased another indicator and it’s amazing! They always work great and and do exactly what is described. I’ve alway know and trust you guys as you can see, as I now have several! Thank you! Love ninZa.co! - Purchased EOB Ordering + Smart Flattening + HAMA Monster + Smart Ruler + Easy Trend + SuperTrend Pro + Innovative Ordering
By: M.
Indicators Improved My Charts. Hannah's Help And Great Customer Service. Will Buy Again.
I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.
By: Bartosz
Grace Goes Above And Beyond: A Customer Support Experience That Exceeds Expectations!
Thank You, Grace! Your support is extraordinary I wish all companies have such great support. Keep going I’m 200% satisfied.
By: Kari L.
ConnorsRSI Pro With Grace's Outstanding Customer Service
Thank you very much for your excellent customer service, Grace! You are doing an excellent job making customers' lives much easier.
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Because software products may be copied and stored easily, we will NOT issue refunds of any kind. ALL SALES ARE FINAL & NON-REFUNDABLE!
Futures, foreign currency, and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
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