Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Block trade volume

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Block trade volume

    Hi Folks,
    I'm new to NT and completely out of my depth with indicator scripting so I am wondering if there is a kindly soul out there who might be interested in my thoughts below for a simple volume indicator and have a go at scripting it?

    I am interested in filtering volume for block trades (with a user-definable block-size parameter). The logic being that size moves the market and small lots are essentially just noise.
    I am not convinced that discriminating between hitting bid or ask would be of great value since in a key reversal bar springing at ice for example, initial blocks would be being hit at the bid as retail/specs are selling in anticipation of a break-down and then as the CM reverses the market and prices start to mark up blocks will be hit on the ask as shorts are covered - all in one bar.
    While it would be fine for the indicator to be placed in it's own pane, the option to overlay the value (as a coloured portion) on the standard volume histogram would be nice and save space.
    I get the impression there might be the issue of data loss/restart each time the indicator is adjusted as per the 'BuySell' series of indicators as a consequence of deriving the input data from Time and Sales, or has this issue now been resolved?

    Here's hoping - with fingers crossed!

    David

    #2
    Sisyphus,

    You could discuss with a NinjaScript consultant, however hopefully someone else can help here.

    http://www.ninjatrader.com/partners#...pt-Consultants
    Adam P.NinjaTrader Customer Service

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by toughiee, Today, 12:04 AM
    0 responses
    2 views
    0 likes
    Last Post toughiee  
    Started by vdoan20, Yesterday, 08:30 PM
    0 responses
    7 views
    0 likes
    Last Post vdoan20
    by vdoan20
     
    Started by gupagoer, Yesterday, 07:42 PM
    0 responses
    9 views
    0 likes
    Last Post gupagoer  
    Started by Holligoly, Yesterday, 05:13 PM
    2 responses
    11 views
    0 likes
    Last Post Holligoly  
    Started by Raginpower, Yesterday, 01:53 PM
    0 responses
    14 views
    0 likes
    Last Post Raginpower  
    Working...
    X