To that end, I've created an EquiVolume Chart Style for NinjaTrader 8 to share with the community. I'll be uploading this to the Version 7 Indicators sharing forum temporarily until we have a proper home for it in a NinjaTrader 8 file sharing forum.
Overview
- Identifies the highest single-bar volume displayed on the chart canvas (the visible bars on the chart at a given time)
- Separates bars into three distinct widths: a Small width for volume less than 1/3rd of the highest volume, a Large width for volume greater than 3/4ths of the highest volume, and a Medium width for everything in between
Properties
- Features three user-defined properties: "High Volume Modifier," "Medium Volume Modifier," and "Low Volume Modifier," which will set the modification for each volume category, based on the "Base Width" property.
- Re-draws widths immediately when the visible range of the chart is changed.
Enjoy, and of course, feel free to edit this to suit your individual preferences or trading style.
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