NexusFi: Find Your Edge


Home Menu

 





NT not showing correct range bar size


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one gracepips with 3 posts (0 thanks)
    2. looks_two MXASJ with 1 posts (1 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 eDanny with 1 posts (1 thanks)
    1. trending_up 3,770 views
    2. thumb_up 3 thanks given
    3. group 3 followers
    1. forum 6 posts
    2. attach_file 2 attachments




 
Search this Thread
  #1 (permalink)
gracepips
Northern Ireland, UK
 
Posts: 68 since Dec 2010
Thanks Given: 76
Thanks Received: 43

Hi, I'm having some difficulties with NT7 showing the right size of range bars and also having some gaps between them.

On the FDAX I have the chart set for 5 range but all the bar are 2.5. I checked the "Z" (FTSE100) and they are the same?? CL is OK but lots of 1 tick gaps between some bars. 6E is ok but again lots of 1 tick gaps between bars.

My data is a demo account from Optimus so its Rithmic. I'm still learning NT so probably the problem is ....me.....

I have attached two images fir you to look at..................thanks




Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Daytrading to swingtrading
Traders Hideout
Netherlands & Germany Surge as World Cup Field Narro …
Prediction Markets & Event Contracts
Warsh Drops Easing Bias, December Hike Now Above 50% -- …
Prediction Markets & Event Contracts
Would a node-based workflow for automated trading be useful?
Traders Hideout
Fed Hike Odds at 57% After Warsh: England Surges 12.9%, …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Want your NinjaTrader indicator created, free?
5 thanks
Denied 20K payouts: Alpha Futures
1 thanks
FootPrintV2 Chart for NT8
1 thanks
BERN ALGOS algo trading journal
1 thanks
Afternoon-close session
1 thanks
  #3 (permalink)
 MXASJ 
Asia
 
Experience: Beginner
Platform: NinjaTrader, TOS
Posts: 796 since Jun 2009
Thanks Given: 109
Thanks Received: 801


umm, it looks OK to me. I see similar bars on IQFeed. Range is still an OHLC candle (for its range obviously) and some of those candles have granularity below the 2.5R you suggest.

Can range bars gap? Yep.


Reply With Quote
Thanked by:
  #4 (permalink)
 
eDanny's Avatar
 eDanny 
East Rochester, NY
 
Experience: Intermediate
Platform: NT
Posts: 329 since Jul 2009
Thanks Given: 18
Thanks Received: 425

These bars have 5 ticks and regular range bars always jump a tick to start the new bar. Perfectly normal.

Dan


Reply With Quote
Thanked by:
  #5 (permalink)
gracepips
Northern Ireland, UK
 
Posts: 68 since Dec 2010
Thanks Given: 76
Thanks Received: 43


eDanny View Post
These bars have 5 ticks and regular range bars always jump a tick to start the new bar. Perfectly normal.

Dan

Aaaah, I think my lack of know how is showing. What I saw as 2.5 you see as 5. The smallest movement on the FDAX is not 1(as I was assuming) but 0.5 so a 5 range bar is actually 5 x 0.5 ticks = 2.5.

Am I right?

Sorry for being so silly but thanks for your patience...!


Reply With Quote
  #6 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader
Broker: Interactive Brokers
Trading: Futures & Stocks
Posts: 9,887 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,117


gracepips View Post
Aaaah, I think my lack of know how is showing. What I saw as 2.5 you see as 5. The smallest movement on the FDAX is not 1(as I was assuming) but 0.5 so a 5 range bar is actually 5 x 0.5 ticks = 2.5.

Am I right?

Correct. 5 range means 5 ticks, and one tick for the DAX is 0.5 points.


Reply With Quote
Thanked by:
  #7 (permalink)
gracepips
Northern Ireland, UK
 
Posts: 68 since Dec 2010
Thanks Given: 76
Thanks Received: 43


Fat Tails View Post
Correct. 5 range means 5 ticks, and one tick for the DAX is 0.5 points.

Thanks Fat Tails. At least that's another mistake I'll not make again..........


Reply With Quote




Last Updated on March 28, 2011


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts