# AlgoBars

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.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FNSS5IGOv6HeRJLGVXHmO%2Falgobars%20main.png?alt=media&#x26;token=7efb7fbb-2ab1-448c-ad0f-049976ea960a" alt=""><figcaption><p>AlgoBox™ AlgoBars chart showing an up trend.</p></figcaption></figure>

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

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2Fs0JJmlLrPqk0C5OcXnSy%2Falgobars%20vs%20time%20bars.gif?alt=media&#x26;token=4960d4bc-c1d2-442e-a8cd-2f3bba6818f8" alt=""><figcaption><p>Comparison between the AlgoBars and time bars (OHLC).</p></figcaption></figure>

***

## More Reasons Why AlgoBars Are Better

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

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FOx4htOLWDkyjokN8JR8n%2Falgobars%20vs%20time%20bars%20full.gif?alt=media&#x26;token=a649c7b5-712f-4360-a668-0dfda86aa63b" alt=""><figcaption><p>Time charts hide price movement while AlgoBars help reveal true price movement in a visually organized way.</p></figcaption></figure>

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

***

## Basic Examples of AlgoBar Charts

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FoVOiBEPo6jM2erHswKh2%2Falgobars%20down%20trend.png?alt=media&#x26;token=e48f8c6f-2355-42fd-8b0d-c84eb6c87d79" alt=""><figcaption><p>AlgoBox™ AlgoBars showing a down trend.</p></figcaption></figure>

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

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FTKkLhZMHJLHVIq0FMo8M%2Falgobars%20range.png?alt=media&#x26;token=2a12e8fd-18d4-49bb-8a8c-596cd81b1c45" alt=""><figcaption><p>AlgoBox™ AlgoBars in a trading range or accumulation zone.</p></figcaption></figure>

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.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FLi42mjPSR2csEM5lVwI3%2Falgobars%20zoomed%20out%20down%20trend.png?alt=media&#x26;token=a2cdfe46-f6f7-40fd-bce0-7935dc049349" alt=""><figcaption><p>AlgoBox™ AlgoBars slightly zoomed out on the chart, showing a down trend.</p></figcaption></figure>

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.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FW8HHJjM0GlWlYHS70AWq%2Falgobars%20uptrend.png?alt=media&#x26;token=c5d7877c-fdfe-4f7b-a4eb-3da316ccbf44" alt=""><figcaption><p>AlgoBox™ AlgoBars chart showing an uptrend.</p></figcaption></figure>

AlgoBox™ AlgoBars are the key to being able to see real market structure price movement and measure [market speed](https://docs.algoboxpro.com/fundamentals/speedometer-and-psychology-module) objectively, while time charts inherently cannot.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FNz00CFChIir90I8kItEQ%2Falgobars%20accumulation.png?alt=media&#x26;token=566806f1-0f61-4825-b95d-80616de91543" alt=""><figcaption><p>Another accumulation zone with AlgoBox™ AlgoBars.</p></figcaption></figure>

***

## Video Tutorial: AlgoBar Setup

{% embed url="<https://youtu.be/8Rc0ErDDU1U?si=VXKhoQeCn_EdMcdh>" %}
WATCH: Vinny E. Mini teaches you step by step how to configure your AlgoBars for fast selection in this video tutorial.
{% endembed %}

## Video Tutorial:  AlgoBars vs Time Charts

{% embed url="<https://www.youtube.com/watch?v=inDeJWDKKhA>" %}
WATCH: A Short clip showing AlgoBars vs time charts and more.
{% endembed %}

***

Only available on AlgoBox™ for NinjaTrader 8. [Try AlgoBox™ for free today.](https://www.algoboxpro.com/start-trial)

[**Disclaimer**](https://docs.algoboxpro.com/links/disclaimer)&#x20;