TBars Marker Indicator

[KSB_012]

I'm looking for an indicator that marks where the current TBars bar will close. I searched a lot for this indicator and I didn't find it, also it's not exist on the Ecosystem User App Share



This is an example of what I'm looking for:

https://ninjatraderecosystem.com/user-app-share-download/range-marker-indicator/

[NinjaTrader_ChelseaB]

Hello KSB_012,

I'm not aware of an existing indicator such as this and I am not very familiar with TBars. I would recommend that you reach out to the vendor or author that develops the TBars and inquire if they have an indicator such as this to go along with it.

This thread will remain open for any community members that may know of this indicator and wish to share this with you.

[KSB_012]

Thanks for your reply,
I hope someone will share this indicator with us after seeing this thread.

[armybender]

The reason it works with range bars is because they have a constant range. It doesn't appear T Bars (tick bars?) have a constant range. Their height varies, so it would be impossible to know where they're going to close.

[aligator]

Not sure what TBars are, not everyone knows what a Tbar is.

Juust to clarify, Range Bars have a fix range (5, 10, 15, etc.) so when a bar starts you know at what level it will have a high/low point, so can identify and program that level to show before the Range bar actually gets there. To get a correct answer you need to explain what TBars are first, since they do not exist here as a default Bars Type.

Unless you actually mean TBars are the same as Tick Bars (100,200, 500, etc.). While these bars all have the same number to ticks, they do not fill to size with the same rate depending on market times and conditions. For example, in slow market it may takes several minutes for a 100T bar to complete while in a fast and volatile market that same bar may complete in seconds. Becuase of the unpredictability of the closing Time one can not program at what time a certain bar size will complete (The chart X-Axis is always time based, so is the data flow.)

There you have it, unless your TBars are another kind of Range Bars (Renko, etc.)

Cheers!