RV Bars

RV Bars—Reversal bars—are NinjaTrader bars inspired by the ADTS core trading system and are designed for easy automation. RV bars do not shift the new bar open price (as most Renko charts do) nor fill the gap between the last close and the new open of the bar. They are 100% correct for incoming ticks. This makes them the first choice for any automated system to show really true results while back testing.