{"product_id":"scalper-renko","title":"Scalper Renko","description":"\u003cdiv class=\"si-tabs\"\u003e\n\u003ch3\u003eOverview\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eScalper Renko for NinjaTrader 8\u003c\/strong\u003e — a Renko-style \u003cstrong\u003ebar type\u003c\/strong\u003e that splits the single brick size into two independent thresholds: a \u003cstrong\u003eTrend Offset\u003c\/strong\u003e that governs continuation and a \u003cstrong\u003eReversal Size\u003c\/strong\u003e that governs turns. Filter chop without dulling the trend.\u003c\/p\u003e\n\u003cp\u003eIt also ships with something standard Renko does not have: a \u003cstrong\u003ebacktest-safe price mode\u003c\/strong\u003e where every open, high, low and close is a price that actually traded. \u003cem\u003eFree. Tick-based. Built for NinjaTrader 8.\u003c\/em\u003e\u003c\/p\u003e\n\u003caside class=\"si-cal\"\u003e\u003cstrong\u003eWhy This Matters\u003c\/strong\u003e\u003cbr\u003eClassic Renko bricks open at a synthetic price that never traded. Backtest a strategy on those bars and the engine happily fills you at levels the market never printed — which is exactly why so many Renko systems look brilliant in the Strategy Analyzer and fall apart live. Scalper Renko's \u003cstrong\u003eClose\u003c\/strong\u003e mode builds every bar from real traded prices, so what you test is what you could actually have been filled at.\u003c\/aside\u003e\n\u003ch4\u003eWhat Makes It Different\u003c\/h4\u003e\n\u003cdiv class=\"si-grd\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eRenko That Doesn't Lie\u003c\/strong\u003eSwitch Bar Prices to Close and every O\/H\/L\/C on the chart is a price that genuinely traded. No synthetic opens, no invented fills, no backtest fantasy.\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eTwo Thresholds, Not One\u003c\/strong\u003eStandard Renko forces continuation and reversal to share one number. Here a small Trend Offset keeps the trend granular while a large Reversal Size ignores counter-trend noise.\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eFilter Noise Without Adding Lag\u003c\/strong\u003eToo many bricks in chop? Raise the Reversal Size and leave the Trend Offset alone. The trend stays as responsive as it was — only the turns get stricter.\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch3\u003eFeatures\u003c\/h3\u003e\n\u003ch4\u003eCore Behavior\u003c\/h4\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eTrend Offset (ticks):\u003c\/strong\u003e Continuation threshold. When price moves this far beyond the last brick's close in the direction of the current trend, the bar closes and a new one opens. Small values (1-2) give a fine-grained trend; larger values compress it. Default 1.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eReversal Size (ticks):\u003c\/strong\u003e Reversal threshold. Price must travel this far \u003cem\u003eagainst\u003c\/em\u003e the current direction before a brick prints the other way. This is your noise filter — raise it to ignore more chop, lower it to react to turns sooner. Default 11.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBrick Size (ticks):\u003c\/strong\u003e Purely cosmetic body height of the drawn candle in HighsAndLows mode. It never affects when a bar forms, and has no effect at all in Close mode. Default 5.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBar Prices — HighsAndLows:\u003c\/strong\u003e Classic Renko appearance. Uniform bodies, wicks clipped to the brick, easy on the eye. Built for discretionary chart reading.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBar Prices — Close:\u003c\/strong\u003e Every price on the bar actually traded. The new brick opens at the boundary price that triggered it and the closing brick keeps its true high and low. Built for the Strategy Analyzer, optimization and live automation.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMode Visible At A Glance:\u003c\/strong\u003e The chart tab appends \u003cstrong\u003e[real]\u003c\/strong\u003e while Close mode is active, so you always know which bars you are looking at.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch4\u003ePractical Notes\u003c\/h4\u003e\n\u003cul\u003e\n\u003cli\u003eBuilt from tick data. Intraday, not time-based — bars form on price movement, so a chart may print several bars in a second or none for an hour.\u003c\/li\u003e\n\u003cli\u003eSetting Trend Offset and Reversal Size to the same value reproduces standard Renko behavior, which makes it easy to compare like for like.\u003c\/li\u003e\n\u003cli\u003eKeeping Reversal Size a multiple of Trend Offset gives the cleanest, most consistent brick structure.\u003c\/li\u003e\n\u003cli\u003eChanging any setting rebuilds the series and bar boundaries will move — re-tune strategies after a change.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eHow It Compares\u003c\/h3\u003e\n\u003cp\u003eHow Scalper Renko stacks up against the standard Renko bar type.\u003c\/p\u003e\n\u003ctable class=\"si-cmp\"\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003cth\u003eFeature\u003c\/th\u003e\n\u003cth\u003eScalper Renko\u003c\/th\u003e\n\u003cth\u003eStandard Renko\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eContinuation vs Reversal\u003c\/td\u003e\n\u003ctd\u003e✔ Two independent thresholds\u003c\/td\u003e\n\u003ctd\u003e✖ One shared brick size\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBacktest-Safe Prices\u003c\/td\u003e\n\u003ctd\u003e✔ Close mode — every price traded\u003c\/td\u003e\n\u003ctd\u003e✖ Synthetic opens only\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTrue High \u0026amp; Low Preserved\u003c\/td\u003e\n\u003ctd\u003e✔ In Close mode\u003c\/td\u003e\n\u003ctd\u003e✖ Clipped to the brick\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFilter Chop Without Lag\u003c\/td\u003e\n\u003ctd\u003e✔ Raise reversal only\u003c\/td\u003e\n\u003ctd\u003e✖ Raise brick size, delays everything\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenko Look For Chart Reading\u003c\/td\u003e\n\u003ctd\u003e✔ HighsAndLows mode\u003c\/td\u003e\n\u003ctd\u003e✔ Standard\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePrice\u003c\/td\u003e\n\u003ctd\u003e✔ Free\u003c\/td\u003e\n\u003ctd\u003e✔ Built in\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003ch3\u003eQuick Start\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e1.\u003c\/strong\u003e Chart → Data Series → Type: \u003cstrong\u003eScalperRenko\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e2.\u003c\/strong\u003e Reading the chart by eye: Brick 5 | Trend 1 | Reversal 11 | \u003cstrong\u003eHighsAndLows\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e3.\u003c\/strong\u003e Backtesting a strategy: Brick 5 | Trend 1 | Reversal 11 | \u003cstrong\u003eClose\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e4.\u003c\/strong\u003e Too many bricks in chop → raise Reversal Size first, not Trend Offset. Turns detected too late → lower Reversal Size.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eStarting points to experiment from — not recommendations. Every instrument and volatility regime needs its own tuning.\u003c\/p\u003e\n\u003ctable class=\"si-cmp\"\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003cth\u003eProfile\u003c\/th\u003e\n\u003cth\u003eTrend Offset\u003c\/th\u003e\n\u003cth\u003eReversal Size\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eScalping\u003c\/td\u003e\n\u003ctd\u003e1\u003c\/td\u003e\n\u003ctd\u003e6\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIntraday (default)\u003c\/td\u003e\n\u003ctd\u003e1\u003c\/td\u003e\n\u003ctd\u003e11\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSwing \/ filter\u003c\/td\u003e\n\u003ctd\u003e2\u003c\/td\u003e\n\u003ctd\u003e20\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003ch3\u003eCompatibility\u003c\/h3\u003e\n\u003ch4\u003ePlatform Support\u003c\/h4\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eNinjaTrader 8\u003c\/strong\u003e — Latest stable build. Works on all instruments NT8 supports — Futures, Forex, and more.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTick Data Required\u003c\/strong\u003e — Bars are built from tick data. Make sure your data provider supplies enough history for the days you load. Days To Load defaults to 3.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIndicators \u0026amp; Strategies\u003c\/strong\u003e — Any NinjaTrader indicator or strategy that runs on a bar type runs on Scalper Renko, including Strategy Builder and NinjaScript strategies.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eStrategy Analyzer\u003c\/strong\u003e — Use Close mode for backtesting, optimization and live automation.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch4\u003eReliability \u0026amp; Trust\u003c\/h4\u003e\n\u003cul\u003e\n\u003cli\u003e✔ Close mode builds bars only from prices that actually traded\u003c\/li\u003e\n\u003cli\u003e✔ No forward-looking logic — each brick is decided by the tick that triggered it\u003c\/li\u003e\n\u003cli\u003e✔ Mode is labelled on the chart tab so backtest and display bars are never confused\u003c\/li\u003e\n\u003cli\u003e✔ Free, with updates and fixes included\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eFAQ\u003c\/h3\u003e\n\u003cdetails class=\"si-faq\" open=\"\"\u003e\n\u003csummary\u003eWhy do standard Renko backtests look so good and then fail live?\u003c\/summary\u003e\n\u003cp\u003eBecause standard Renko bricks open at a synthetic price. The brick is drawn opening a fixed distance back from its close, and that opening price frequently never traded. A backtest engine treats it as a real, fillable level, so your strategy gets entries the market would never have given you. Scalper Renko's Close mode removes that entirely: the new brick opens at the actual boundary price that triggered it, and the closing brick keeps its true high and low.\u003c\/p\u003e\n\u003c\/details\u003e\n\u003cdetails class=\"si-faq\" open=\"\"\u003e\n\u003csummary\u003eWhat is the difference between Close and HighsAndLows?\u003c\/summary\u003e\n\u003cp\u003eHighsAndLows is the classic Renko look — uniform bodies, wicks clipped to the brick, clean and easy to read, but built on synthetic prices. Close is the honest one — every open, high, low and close actually traded, so bars look less uniform and that is the point. Use HighsAndLows for discretionary chart reading and Close for the Strategy Analyzer, optimization and live automation.\u003c\/p\u003e\n\u003c\/details\u003e\n\u003cdetails class=\"si-faq\" open=\"\"\u003e\n\u003csummary\u003eWill a strategy behave the same in both modes?\u003c\/summary\u003e\n\u003cp\u003eNo, and it should not. Switching between the two changes the bars themselves, not just their appearance. A strategy tuned on HighsAndLows will not behave identically on Close. Tune and validate on Close — that is the mode that reflects prices the market really printed.\u003c\/p\u003e\n\u003c\/details\u003e\n\u003cdetails class=\"si-faq\" open=\"\"\u003e\n\u003csummary\u003eWhat does Brick Size actually control?\u003c\/summary\u003e\n\u003cp\u003eOnly the drawn body height of the candle in HighsAndLows mode — the brick opens that many ticks back from its close. It is cosmetic. It never changes when bars form, and it has no effect at all in Close mode. Set it near your Trend Offset for a conventional look, or to 1 for near-doji bodies.\u003c\/p\u003e\n\u003c\/details\u003e\n\u003cdetails class=\"si-faq\" open=\"\"\u003e\n\u003csummary\u003eHow do I get fewer bars in chop without losing trend detail?\u003c\/summary\u003e\n\u003cp\u003eRaise the Reversal Size and leave the Trend Offset alone. That is the whole reason the two are separate. On standard Renko your only lever is the brick size, which filters noise and delays every continuation signal at the same time.\u003c\/p\u003e\n\u003c\/details\u003e\n\u003cdetails class=\"si-faq\"\u003e\n\u003csummary\u003eCan I reproduce standard Renko with it?\u003c\/summary\u003e\n\u003cp\u003eYes. Set Trend Offset and Reversal Size to the same value and the bar type behaves like standard Renko. It is a useful baseline when you want to see exactly what the split thresholds are buying you.\u003c\/p\u003e\n\u003c\/details\u003e\n\u003cdetails class=\"si-faq\"\u003e\n\u003csummary\u003eWhy does volume read slightly high at brick boundaries?\u003c\/summary\u003e\n\u003cp\u003eThe tick that triggers a boundary is credited to both the closing brick and the new one, so volume-based indicators read a little high at those points. This is deliberate and documented — changing it would shift historical volume on every existing chart.\u003c\/p\u003e\n\u003c\/details\u003e\n\u003cdetails class=\"si-faq\" open=\"\"\u003e\n\u003csummary\u003eIs it really free?\u003c\/summary\u003e\n\u003cp\u003eYes. Scalper Renko is a free 2 years license like all our free indicators. Download it, Activate the license, install it, use it on live charts and in the Strategy Analyzer.\u003c\/p\u003e\n\u003c\/details\u003e\n\u003c\/div\u003e\n\u003caside class=\"si-cal\"\u003e\u003cstrong\u003eBuilt For Traders Who Backtest\u003c\/strong\u003e\u003cbr\u003eIf you trade Renko and you have ever wondered why your Strategy Analyzer results never survive contact with a live account, this is the bar type to test on. Two thresholds instead of one, and prices that actually traded.\u003c\/aside\u003e","brand":"ScalperIntel","offers":[{"title":"Free License","offer_id":45415679656051,"sku":null,"price":0.0,"currency_code":"CAD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0582\/3836\/9907\/files\/ScalperRenko-main.png?v=1788364753","url":"https:\/\/scalperintel.com\/en-ca\/products\/scalper-renko","provider":"ScalperIntel","version":"1.0","type":"link"}