KingRenko$

-30%
Regular Price $396 Special Price $277

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Product Description

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.

Software Changelog

  • 25 Oct 2022 - Version 1.0 - The bar type was released (built new).

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From very happy customers... 500+ reviews →
  1. product_image KingRenko$ $$
    5 5

    Day Range

    Pi’s version of the Day Range plugin is an excellent addition to his great set of indicators. Above other versions on the market, the potential high/low visual lines provide nice visual perspective on what might be expected for the session. These lines move and adjust as the day’s moves on and more of the day range is “used up”. Quite pleased with this indicator. Great job!

  2. product_image KingRenko$ $$
    5 5

    HAMA Monster + MA Crossover

    I find that HAMA Monster and MA Crossover give me great discipline when using as entries, combined with other information that the market is signaling. These are being used in the futures market on a chart using your ninZaRenko bars, the visual information cannot be beaten.

  3. product_image KingRenko$ $$
    5 5

    Utility Indicators

    I have tried various indicators of Mr. Pi, and they work very well. Mention a few: Timeframe Overlay, Psychological Barrier, and free stuff to work excellently. Test their tools and remain enthralled.

  4. product_image KingRenko$ $$
    5 5

    Best

    Your indicators and your customer service is the best. - Purchased Volume Delta + Market Profile (Flexible) + MA Crossover + Market Profile (Daily) + Superior Stochastic + Superior RSI + HAMA Monster + Superior Volume + Superior Bollinger + SuperTrend Pro + Order Flow Presentation + Magical TMA Bands + Superior Ichimoku + Be$t Alligator + Pinocchio Bar Pro + Solar Wind + Divergence Engine$ + Divergence Hidden$ + AAA+ Trend Sync

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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