Hello All,

Has anyone seen a bar time that works with renko charts. Juat a timer that resets at every new bar.

Thanks,
Mark

markbb10 

Hello All, Has anyone seen a bar time that works with renko charts. Juat a timer that resets at every new bar. Thanks, Mark

I was looking for something like this a couple months ago. Searched high and low and came across this one. Probably not exactly what you had in mind but does indicate the time it took for each renko bar to close.

Bar Speed Indicator for NinjaTrader/TradeStation - FreeIndicators.com

Thanks gifted, you are right not exactly what I am looking for, hoping for just a time readout without another graph on the chart. Thank you for researching it.. If I find anything else I will let you know.

Mark

markbb10 

Hello All, Has anyone seen a bar time that works with renko charts. Juat a timer that resets at every new bar. Thanks, Mark

Usually the bar timer counts down the time left until the bar is closed. Such a bar time may only be used with time based bars. For renko bars this is not possible.

What shall the renko bar timer display, and what is its intended use?

Hi Harry,

What would display is just a time elapsed from the start to the close of the bar. Once a new bar
forms it would reset.

I use it as part of a trigger looking for a renko reversal or as an exit for a trade that is losing momentum.

Mark

This one interests me because OnBarUpdate doesn't get triggered on a consistent enough basis to really display a clock correctly. Instead we have to use a timer. I just capture the time at the start of the bar, and then print out the difference every few milliseconds. I think we can make what it prints out a little prettier, and I might be able to make it more efficient, but let's see if we're close first.