Optimal Tempo overlays time bars onto your renko charts

Optimal Tempo

See time bar information on your renko chart!

Now using renko bars doesn’t mean you have to ignore the minute bar levels that other traders might be looking at. With Optimal Tempo you can see the High/Low/Close of the last closed minute bar overlaid on your bars.

This makes it simple to blend renko bar and time bar analysis on the same chart. Price tests of 1-minute bar highs and lows can be easily followed and used for placing tighter stops or trailing stops in open positions.

NinjaTrader chart showing Optimal Tempo with a minute setting

Optimal Tempo has user-definable periods, so you can set the time bar to any length you choose to track additional levels.

NinjaTrader indicators properties box showing user inputs

You may wish to add a longer time interval, such as 5 minutes, in order to watch acceptance or rejection of price at the close of 5 minute bars.

This amazingly useful tool adds a secondary layer of insight to your Optimal Ninja charts, creating hybrid analysis of price movement for scalping or swing trading.

Optimal Tempo

See time bar information on your renko chart!

Now using renko bars doesn’t mean you have to ignore the minute bar levels that other traders might be looking at. With Optimal Tempo you can see the High/Low/Close of the last closed minute bar overlaid on your bars.

This makes it simple to blend renko bar and time bar analysis on the same chart. Price tests of 1-minute bar highs and lows can be easily followed and used for placing tighter stops or trailing stops in open positions:

Optimal Tempo has user-definable periods, so you can set the time bar to any length you choose to track additional levels.

You may wish to add a longer time interval, such as 5 minutes, in order to watch acceptance or rejection of price at the close of 5 minute bars.

This amazingly useful tool adds a secondary layer of insight to your Optimal Renko charts, creating hybrid analysis of price movement for scalping or swing trading.

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Risk Disclosure –Futures and forex 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.

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results.

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