AlgoBars

Charting True Market Movements

AlgoBars are a proprietary type of bar that removes the time element from the chart and are aesthetically pleasing to look at and simple to understand.

AlgoBox™ AlgoBars chart showing an up trend.

Time charts can hide many price patterns by only showing you the open, high, low and close (OHLC):

Comparison between the AlgoBars and time bars (OHLC).

More Reasons Why AlgoBars Are Better

AlgoBars provide better market data, enabling strategy coding in ways that time-based bars cannot:

Time charts hide price movement while AlgoBars help reveal true price movement in a visually organized way.

Look "inside" the time bars and expose the market's true movements with AlgoBox™ AlgoBars.


Basic Examples of AlgoBar Charts

AlgoBox™ AlgoBars showing a down trend.

AlgoBox™ AlgoBars do not "repaint" or reprint in any way - WYSIWYG - What You See Is What You Get.

AlgoBox™ AlgoBars in a trading range or accumulation zone.

An AlgoBar does not change color on you the way other bars do (WYSIWYG). Time bars, Renko bars, and Range bars can change color or state (bullish/bearish) before they close and often fool traders, trapping them on the wrong side.

AlgoBox™ AlgoBars slightly zoomed out on the chart, showing a down trend.

AlgoBars are designed to provide a clear and accurate representation of price movement. New bars are printed only when the price changes, eliminating the confusion of color changes within bars.

AlgoBox™ AlgoBars chart showing an uptrend.

AlgoBox™ AlgoBars are the key to being able to see real market structure price movement and measure market speed objectively, while time charts inherently cannot.

Another accumulation zone with AlgoBox™ AlgoBars.

Video Tutorial: AlgoBar Setup

WATCH: Vinny E. Mini teaches you step by step how to configure your AlgoBars for fast selection in this video tutorial.

Video Tutorial: AlgoBars vs Time Charts

WATCH: A Short clip showing AlgoBars vs time charts and more.


Only available on AlgoBox™ for NinjaTrader 8. Try AlgoBox™ for free today.

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