New BarsType

[MisterGee]

Hello, looking for an easy (hopefully) way to convert the standard Renko bar from calculating bricks based on ticksize to based on a percentage of the instrument value. Thanks in advance!

[NinjaTrader_ChrisL]

Hello MisterGee, thanks for your post.

You would need to study the source code for the original Renko bars type and modify it to suit the requirement. There's no specific path I could tell you to take as it could take an entire re-write of the Renko bars type to get to the desired result. The source code of all bar types are available to be viewed and modified through the NinjaScript Editor.

Please let me know if I can assist any further.

[MisterGee]

Okay, thank you. I have been studying the source code already. I attempted to make some tweaks to the code and everything compiled without error, but now I am not seeing the new Bars type in the drop down menu when I open a new chart. Any insight here?

[NinjaTrader_ChrisL]

Hello MisterGee, thanks for your reply.

In the OnStateChanged method of the new script, did you change the Name property?
e.g.

if (State == State.SetDefaults)
{
Name = "MyRenko";

[MisterGee]

That was it, thanks!