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I am using a charting software called Trade Navigator. The range charts compared to another charting plattform like Ninja Trader look terrible. A screenshot is in the attach.
I wrote the support from Trade Navigator why the range charts look like this. And got the following answer:
Because you selected 5 ticks, this is part of the issue. Trade Navigator does not create fake smoothing of the Range Bars. Any and all trades that happen at the same second are counted within the same Range Bar. Which means you can and will have bars that exceed the 5 tick range or bars that do not meet the 5 tick range.
There is no setting or option to change how this is displayed from within the software unless you increase the size of the range bar you are viewing.
GenesisFT
Does that mean that Ninja Trader has fake range bars? I am trading from a 6 tick range chart with Ninja Trader. But I never had the feeling that something is a fake. But I cannot imagine to trade frome a range chart like Trade Navigator.
What is it what I am overlooking.
Thank you
Can you help answer these questions from other members on NexusFi?
Every range bar should be exactly 5 ticks large in length.
"Any and all trades that happen at the same second are counted within the same Range Bar." I don't understand that lol
Are you sure you have the right chart type setup correctly? whats a 5 tick breakout bar? Maybe you have a tick chart thinking it's a range chart or something...
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