UniRenko/NinzaRenko help

[sprks7979]

Good morning all,

I am working on a few strategies and this forum has been much help so I thought I'd try again. I am using NinzaRenko bars and to test I am using it in a simple reversal strategy, taking every reversal just to see how it acts. I am using 20/10 Ninza bar settings. I think this typ of bar makes it almost impossible to go for a 1:1 ratio. I am not well versed on how the bar works but from my looking, the "bar" is 20 price ticks, and the the next bar forms halfway up the bar at 10 price ticks, which means that if I set a 10 price tick TP and a 10 price tick SL I get immediately stopped out.

Am I not seeing this correctly? Am I doing something wrong? Any help would be appreciated.

Thanks,

[NinjaTrader_ChrisL]

Hello, thanks for writing in. The support team does not help with the creation of custom strategies, and we do not have access to the NinzaRenko bar type, so a member of the forum will need to volunteer to help with strategy creation using this bar type.

[andrewduffey]

These bars aren't back-testable, because the open of the bar is not a true open for the bar. If you use the same brick and trend size, this would be back-testable.

There are a variety of paid versions that can be back-tested.