VBar Bar Type


This is a bar that we generated because it takes a lot of wiggles and waggles out of the price action. When a tail appears either up or down one can get some nice price movement.

This bar is a modified renko type bar and the candle body size can be modified if desired. We normally use this bar on a 3 tick body, but even numbers are really nice and you can predict very easily when a new bar will be formed.

Several of our indicators work so nicely with this bar type that you don't need to wonder what bar style to use because you should be using this one.