Renko bar timing

[ewdin4400]

Hi,

I am using Renko bars for strategy development. I noticed there is a time stamp on each bar, not sure if this time stamp signifies the completion of each bar. I would like to know if there is a command to call out the timing between say bar[0] and bar[3]?

Please advise. Thanks.

[NinjaTrader_Bertrand]

Welcome to our forums, yes the Time[x] method would give you access to the historical time stamp values of the bars. You can store the difference of Time[0] - Time[3] in a timepan variable and then print this for analysis.

[ewdin4400]

Another question to add. Time[0]-Time[3] will give what format? I need the compare timing between the current bar and 3 bar ago and give a value in terms of minute.

Example: If Time[0]-Time[3]< 3minute then {go long}, how do I code this into ninjascript? Cause the timing maybe 1101 at Time[0] and 1059 at Time[3]. Hope my question is clear. Thanks.

[NinjaTrader_Bertrand]

For this you can check the Duration method of the TimeSpan - much like :

protected override void OnBarUpdate()
{
if (CurrentBar < 3) return;

myTS = Time[0] - Time[3];

Print(myTS.Duration().ToString());
}

For more info on the C# TimeSpan methods / Duration() please check : http://msdn.microsoft.com/en-us/libr....duration.aspx

[djkiwi]

TimeSpan Renko

Hi Bertrand, thanks for posting this. I'm trying to do the same thing. The problem is I'm getting an error. I tried converting the myTS to a double and that didn't work either. Is there something missing to get it working? Thanks. DJ

[NinjaTrader_Austin]

DJ, that error says you must first declare the variable before you can use it. I believe this variable should be of type TimeSpan, so please add this to your variables section:

private TimeSpan myTS;

[djkiwi]

Renko Time Bars

Thanks Austin that solved that issue. A couple of other issues have arisen now on this. Firstly I'm trying to put the time rounded to the nearest minute in the middle of the bar as a visual. This has resulted in the picture attached which looks like a dog's breakfast. So the first question is how would I round this to the nearest 0.5 minutes? For example, 1.5 or 20.5 minutes instead of what is appearing on the chart? I am using the following formula:

DrawText("My text196"+CurrentBar ,false,(myTS.Duration().ToString()),0,((Open[0]+Close[0])/2),0,Color.Black,textFontSmall, StringAlignment.Center, Color.Transparent, Color.Transparent, 10);

Normally I used "N0" but this is now not available with this timespan in the string.

The second point is I am trying to say if the time of the last bar was less than 5 minutes then do something. I am using the following code and many different types of it but get compile errors. Could you please enlighten me on the format of this?

myTS[0]<[00:00:05]

Thanks in advance
DJ

[NinjaTrader_Bertrand]

DJ, for the rounding part, please check into this from MSDN here - http://social.msdn.microsoft.com/For...-36ae5a06710c/

For your filtering condition, try something like

if (myTS.Duration().Minutes < 5) ... do something ...