Is there a way to turn off the time based component of the renko bars here so they can look like regular Renko bars? With them chugging along on a time axis, how do they even differ from Range bars?
Yes. Right-click the chart, open Properties, and set Equidistant bar spacing to True. That keeps each completed Renko brick the same horizontal distance apart instead of placing it on a fixed time scale. The timestamps may still be shown on the x-axis, but time no longer controls brick creation or spacing.
Renko and Range bars are both price-based, but they are not the same. A Range bar closes when its high-low span reaches the range value. A Renko brick is added only when price exceeds the prior brick’s high or low by the brick size, so its reversal construction differs.
NinjaTrader documents both points here:
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Thanks so much, that did the trick! 