M.
Renko-Style Trend is a price-based trend indicator that employs the logic with which Renko bars are built.
There are 2 parameters to determine trend states and trend shift: "Trend Offset" and "Reversal Offset", which is similar to Renko settings. Let's take an example of Trend Offset and Reversal Offset configured as 2 ninZaATR and 4 ninZaATR, respectively. Then:
- Every time the market moves at least 2 ninZaATR in the direction of the existing trend, the trend will strengthen with the upper & lower thresholds moved to the next step (in the direction of the trend).
- If the market moves at least 4 ninZaATR against the existing trend, the trend will reverse.
- Otherwise, the market will keep moving in a "box" with the upper & lower thresholds unchanged - which is something similar to Darvas boxes.
All threshold meetings are verified by the Close price.
The indicator generates "Trend Start" signals when the market enters a new trend and "Trend Strengthening" signals when the existing trend steps up. Bar colorization and background painting can be enabled for you to easily identify trend states.
Most of what we build ends up in one place â the full index of NinjaTrader addons.
Dedicated NinjaScript Signals
- Signal_Trend: 1 = uptrend, -1 = downtrend, 0 = no trend
- Signal_Trade: 1 = uptrend start, 2 = uptrend strengthening, -1 = downtrend start, -2 = downtrend strengthening, 0 = no trend
Software Changelog
- 05 Jan 2023:The indicator was released (build new).
Policies
Software license
Every purchase includes a perpetual software license, granting you the right to use the software indefinitely on the number of computers permitted by your license.
Installation & Onboarding
Every purchase includes guided installation assistance.
Purchases with Premium Services also include white-glove software setup and onboarding, along with personalized trading setup and workflow optimization.
Software updates & upgrades
Software updates & upgrades are provided at no additional cost.Â
For products with a modular structure, this coverage applies to the core product, while optional expansion modules may be offered separately.
Read the full policy
Customer service
Every purchase includes lifetime support via email & chat, delivered by our renowned Customer Care team â widely recognized throughout the trading community for its world-class service.
As your NINZA product collection expands, Premium Path unlocks a growing range of enhanced Customer Care benefits & privileges, available through dedicated channels.
Explore Premium Path
Remote assistance
Every purchase includes up to 3 complimentary remote assistance sessions, available within 30 days of purchase â with each session lasting up to 30 minutes.
Purchases with Premium Services include up to 6 sessions within 60 days of purchase, with priority scheduling and longer session durations.
Product exchange
Customers may request up to 3 product exchanges within 30 days of purchase, at little or no additional cost when exchanging for a comparable product.
Read the full policy
Returns & refunds
Due to the ease with which software products can be stored and copied, no returns will be accepted and no refunds will be issued.
ALL SALES ARE FINAL & NON-REFUNDABLE.








