Is the Renko that comes with NT8 Backtest-able?

[RookieTrader]

Is the Renko that comes with NT8 Backtest-able? In other words, does it return accurate backtest information?

[NinjaTrader_Clayton]

Hello RookieTrader,

Thank you for writing in.

When backtesting different Bar Types (most notably Point and Figure and Renko) the backtest can yield different results than what you would experience in real-time, due to the nature of how the bars are constructed and the possibility of not having enough granular information to simulate what would have happened in real-time.

• Please see the following link for the source of this information and more on the different bar types in NinjaTrader:
  • https://ninjatrader.com/support/help.../bar_types.htm

Please visit the following link for more in-depth information on comparing the results from a backtest vs. what happened in real time.

• https://ninjatrader.com/support/help...ime_vs_bac.htm
  • There is a specific section about Renko bars at the bottom of the link above

[RookieTrader]

Thanks for your assistance.