TS_RenkoBand_Pro

Honest Reversal Signals on the Cleanest Chart Type Ever Built

TS RenkoBand Pro is a multi-filter Triangular Moving Average bands scalper designed from the ground up for Renko bars but works flawlessly on any bar type. It identifies high-probability reversals at band extremes and locks every signal permanently the moment it fires — no repainting, no hindsight illusions, no vanishing arrows when you actually need them.

Most TMA-based indicators show you a beautiful chart full of perfectly-placed arrows, you buy them, and then in live trading the arrows from a few bars ago shift or disappear because the underlying calculation moved. You enter a trade based on what you see, only to discover the signal is gone and your trade is in the red. TS RenkoBand Pro fixes this with an architectural separation: the visual bands smooth and adapt with price (the way TMA was designed to), but the Buy/Sell signals lock instantly and never move.

What Makes This Different

• Non-repainting signals on smooth bands — best of both worlds. Beautiful visual bands + locked execution triggers.
• Built-in backtest engine — every historical signal counts as a virtual trade. Panel shows real win rate, profit factor, expected value, max drawdown — computed live from the actual indicator's signals on your chart, not from cherry-picked screenshots.
• Auto-drawn trade plan — every signal can optionally draw Entry / SL / TP1 / TP2 lines with tick distances and R-multiples directly on your chart. No mental math.
• Vertical trade-result bars — green/red bars below the price action show every closed trade's outcome at a glance. Visual equity curve.
• 5 power filters — Higher-Timeframe Trend, ADX (rotational sweet spot), Time-of-Day, Band Squeeze, and Wick Rejection. Use any combination to dial in signal quality for your specific market.
• Filter rejection counters — the panel shows exactly how many signals each filter blocked, so you know which ones are pulling weight and which are too aggressive.
• Renko detection — automatically detects if you're on a non-Renko chart and reminds you that Renko gives the cleanest signals.

Built for Active Scalpers

The default settings are tuned for index futures intraday scalping. Out of the box you get:

• TMA bands with ATR-based dynamic width (auto-adapts to volatility)
• Non-repainting Buy and Sell signals at band extremes
• Branded statistics panel showing license, current bar state, full backtest metrics
• Sound and on-chart alerts on every signal
• Strategy Builder series exposed for fully automated trading

What's Included

• Lifetime license for the indicator (one-time purchase) or included free with Pro Membership
• 2 machine activations per license (5 with Pro Membership)
• Free updates for life — including new filters and features as they're released
• Comprehensive branded user manual (PDF) with three trade plans, filter recipes, and a win-rate optimization guide
• Discord community support
• 7-day free trial — no credit card required

Compatible With

NinjaTrader 8 (free or licensed). Designed for Renko bars but works on every chart type and instrument: futures, forex, equities, crypto, options. Optimized defaults for NQ, ES, MNQ, MES, YM, RTY but easily tunable for any market.

"Most reversal indicators are dishonest about repainting. This one shows you exactly what you would have actually traded — and gives you the backtest stats to prove the strategy works on your instrument."