UniRenko Accuracy Chelsea_B

[sdauteuil]

I have downloaded UniRenko candles from NT ecosystem created by Chelsea_B

https://ninjatraderecosystem.com/user-app-share-download/unirenko-universal-renko-bartype-8

How accurate are these historically? I know there can discrepancies from live streaming data and reloading the historical data when using Renko candles.

I would like to manually back test a strategy.

thank you

[NinjaTrader_ChrisL]

Hello sdauteuil, thanks for writing in.

We do not recommend using Renko bars in a historical backtest. Renko bars on real-time data re-draw the open based on the direction of the bar and this is something that can not be simulated historically. The best way of backtesting a Renko bar strategy would be to use the Playback connection:

https://ninjatrader.com/support/helpGuides/nt8/?playback_connection.htm

Please let me know if I can assist any further.