Volume Oscillator usage

[kinshin9]

Need help with coding . when the prices are falling I want to check if the volume is decreasing. And I've come across this Volume Osc indicator. But finding hard to rightly use it with stochastics.
Need to know two things:
1. how do I check for when the stochastics coming down volume osc is decreasing.
(fast 3 , slow 5).
2. Is this the right indicator for this kind of check or Is there any built in volume indicator that I can use.

thanks.
`kinshin

[NinjaTrader_Matthew]

Hello,

You can using the Rising() or Falling() methods to determine if it is increasing or decreasing:

http://www.ninjatrader.com/support/helpGuides/nt7/rising.htm

http://www.ninjatrader.com/support/helpGuides/nt7/falling.htm

Whether or not the indicator you are using is the right kind would be subjective and I would not be able to comment, however we will leave this thread open for any other users to share their experience.

[kinshin9]

Thnx Matthew, could you direct me Math function to find % diference between two price points(closes).

[NinjaTrader_Matthew]

Hello,

The formula would be X - Y / X * 100

For example:

Close[0] - Close[1] / Close[0] * 100

[prudential]

HI NT Support,

Is it possible to get the intra-bar value (or tick value) for the Volume Oscillator/Histogram? If not, can it be calculated from the values of a smaller TF?

thanks

[NinjaTrader_CalH]

Hello,

Yes you would need to use a smaller time frame to get the intrabar values that you would want.

[prudential]

Hi Cal, do you know how to do this because im not sure its as simple as adding the intrabar value to the Oscillator. I think I would at the very least need the formula for the Oscillator/Histogram.

thanks.

[NinjaTrader_CalH]

Prudential,

I do not know the formula for the oscillator.

However, I am attaching a link on how to use Multi Time Frames with NinjaScript to help the process of writing this.
http://www.ninjatrader.com/support/h...nstruments.htm