ATR (backtestable) Median Renko bars
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Why You Should Trade With This Tool...
ATR Mean Renko Bars
Stop guessing your chart settings and let market volatility do the work for you with the first ATR-based median Renko bars for NinjaTrader.
Automatic Sizing
The tool calculates the perfect brick size based on current market movement so you are always in sync with the trend.
Filter Out Noise
Renko bars remove "market static," allowing you to see clear price action and improve indicator performance.
Backtest Ready
Unlike standard Renko bars, this version includes true open prices for accurate automated strategy testing.
Market-Adaptive Charting
Finding the right Renko brick size is a constant struggle for many traders. If the size is too small, you get too much noise; if it's too big, you enter trades too late. This tool uses the Average True Range (ATR) to automatically increase brick sizes during high volatility and decrease them when the market slows down.
Accurate Strategy Backtesting
Most median Renko bars use "fake" open prices to look pretty, which makes automated backtesting impossible. Our tool includes a specific backtestable version that uses real open prices. This ensures your automated strategies give you results you can actually trust.
Full Control Over Calculations
You can customize exactly how the tool calculates volatility. Adjust the ATR timeframe and the period settings to match your specific trading style, ensuring your charts reflect the data that matters most to your strategy.
Full Feature Specifications
- ATR-based median Renko bar logic
- Backtestable mode for accurate automated strategy results
- Real-time brick size adjustment based on volatility
- Customizable ATR timeframe and period settings
- Full support for Tick Replay
- Compatible with any market (Futures, Stocks, Forex)
- Works with all NinjaTrader license types
Update History
21-Aug-2022 v1.0.05
- Added backtestable version of the ATR median renk
18-Aug-2021 v1.0.04
- Fixed some bugs
18-Aug-2021 v1.0.0.3
- Fixed weird bars when selecting RTH trading hours
22-Jul-2021 v1.0.0.2
- added option to specify the ATR multiplier (in %)
22-jun-2021 v1.0.0.1
- added the ATR renko status lines
5-jun-2021
- released the first version