📐 Smooth Percent Bars for NinjaTrader 8
Tick-based structure with percentage-controlled smoothing for clearer price action.
Smooth Percent Bars is a professional NinjaTrader 8 custom bar type built on tick data. It uses percentage-based offsets to control how bars open, continue trends, and reverse—resulting in smoother candles and reduced market noise.
Unlike time-based charts, bars only form when price moves far enough to exceed predefined tick ranges. This creates a more consistent structure that helps traders focus on price movement instead of time.
🚀 Key Features
- ✅ Tick-based, non-time-based bar construction
- ✅ Percentage-controlled open offset for smoother candles
- ✅ Adjustable reversal sensitivity for trend clarity
- ✅ Cleaner trends with less chop and noise
🧭 Why Traders Use Smooth Percent Bars
- 📈 Clearer trend direction
- ⚡ More precise scalping structure
- 🤖 Consistent logic for automated strategies
- 📊 Improved chart readability for discretionary trading
📊 Smooth Percent Bars vs Renko Charts
| Feature | Smooth Percent Bars | Renko Charts |
|---|---|---|
| Bar Formation | Based on tick movement + percentage offsets | Based purely on fixed price range |
| Time Influence | None – tick-driven | None – price range only |
| Trend Continuation | Controlled by percentage offsets for smooth flow | Only based on new brick formation |
| Best For | Scalping, discretionary trading, algorithms | Trend visualization, simpler swing analysis |
❌ Who This Is NOT For
- 🚫 Beginners expecting “automatic signals” or one-click profits
- 🚫 Traders who want bars strictly based on time intervals
- 🚫 Anyone not willing to adjust the bar size and percentage settings
- 🚫 Users looking for traditional Renko or candlestick charts only
Pair it with indicators, strategies, or pure price action. Focus on structure, reduce distractions, and let price movement define your chart.
Platform: NinjaTrader 8
Type: Custom Bar Type (not an indicator)
Time-Based: No
Repainting: No