VOL Indicator

[ryebank]

Hi,

I'm looking for a ninjascript i can use in the Market Analyser, which signals an alert if vol bar[0] is twice the size of more than that of bar[1].

Has anyone developed a indicator/signal for this?
Would this be easy to implement for a non-programmer?

Thanks
Rye

[NinjaTrader_Bertrand]

Hi ryebank,

Please take a look at this link - http://www.ninjatrader-support.com/H...Expansion.html

This could be used in a custom indicator as well.

To learn how to start developing those, please see this link - http://www.ninjatrader-support.com/H...verview18.html

If you need custom coding assistance, please contact one of these NinjaScript developers - http://www.ninjatrader.com/webnew/pa...injaScript.htm

[ryebank]

VOL Indicator

Hi,

Thanks for the advise.

I've now created what i'mlooking for with the strategy analyser (see attachment) i would now like to add this to the market analyser or as an indicator how would i go about doing this. I've tried exporting and importing but there are errors

Thanks
Rye

[NinjaTrader_Bertrand]

Hi ryebank,

You have a few options here - add a drawing to your strategy condition (under Drawing in the Condition Builder) to highlight your pattern.

Or you can unlock the code and take the conditions from the condition builder (named condition1 / condition2 ...) to a custom NinjaScript indicator which can then be used in the Market Analyzer columns.

To get started in custom indicators, please see and review this link - http://www.ninjatrader-support.com/H...verview18.html

[ryebank]

VOL Indicator

Ok,

I've added a dot to be displayed and set to plot on chart. Now what

(Updated file attached)

Rye

[NinjaTrader_JoshP]

Your condition is very limiting. You are requiring the current volume to be exactly the volume of the previous bar * 2. I suggest you switch it to a >= or an >.

Then all you need to do is just throw the strategy onto a chart.

[NinjaTrader_JoshP]

Also, you are drawing the dot at price 0. You will definitely not see this dot if it is way down at 0. I suggest you draw it somewhere visible. An easy value to draw at could be something like Close[0], the close price of the bar.

[ryebank]

VOL Indicator

Thanks guys

I've got my logic right now and the indicators displayed on a chart. I do however have 2 more questions...

1 - Is it possible to plot the dots on the VOL display beneath the chart. I've tried using to do this but can't seem to find the right combination?

2 - Is it possible to add this as a column in the Market Analyser?

Rye

[NinjaTrader_JoshP]

1. You need to unlock the code to do that. In the Initialize() method type out DrawOnPricePanel = false.

2. No, you cannot add a strategy to the Market Analyzer.

[ryebank]

Cheers thanks for all the help

Rye