Trade In Each Renko Bar Bot For NinjaTrader 8

Trade In Each Renko Bar Bot For NinjaTrader 8

The bot opens a deal every time a Renko bar opens in the direction of the closing price, if the closing price was higher than the opening, then buy, and vice versa. The bot also provides a huge number of settings for management: 1) Session time 2) Trading days 3) Position management, including Breakeven. 4) Money management 5) Setting a dynamic order, etc.

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Installation instructions

In the NinjaTrader8 trading terminal, using standard functions, we import the purchased archive through the tools to import the addon. Next, add a new strategy in the strategy tab and click ok.

Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.