Bar Type — NinjaTrader 8
MeanRenko Bars
Standard Renko bars react to every tick. MeanRenko bars only print when price moves meaningfully beyond the prior bar’s midpoint — filtering out the noise that causes false signals and choppy reads on standard charts.
The result is a cleaner bar structure that makes trends easier to identify, indicator signals more reliable, and trade setups easier to evaluate at a glance.
- Filters small fluctuations — only prints on meaningful price movement
- Cleaner trend structure compared to standard time or Renko bars
- Compatible with any indicator or automated strategy in NT8
- Recommended bar type for the Turning Points Indicator
Important: MeanRenko is a bar type, not an indicator. Add it via Right-click → Data Series inside your NT8 chart — not through the Indicators menu.