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Is it possible to make a volume indicator that shows volume of that time of day?

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    Is it possible to make a volume indicator that shows volume of that time of day?

    Say I have a daily chart open, and it's 11AM. I'd like to see volume for each day up until 11AM, rather than total volume for that day.

    #2
    Hello Drtro,

    Thank you for your post.

    It would be possible to created such an indicator that accumulated volume of the day through either a tick or minute series and stored that only between the defined time frames.

    If you would like to take on learning NinjaScript, we have a fully documented help guide which will help you get started with Ninja Script. You will find language references to all of the methods and functions you will be using. You will also see a tutorial section which will help you create your first indicator and get you started with some of these concepts.
    A link to our Help Guide can be found below: http://www.ninjatrader.com/support/h...stribution.htm

    I am also linking you to the Educational Resources section of the Help Guide to help you get started with NinjaScript: http://www.ninjatrader.com/support/h..._resources.htm

    You will find Reference Samples online as well as some Tips and Tricks for both indicators and strategies:
    Click here to see our NinjaScript Reference Samples: http://www.ninjatrader.com/support/f...splay.php?f=30
    Click here to see our NinjaScript Tips: http://www.ninjatrader.com/support/f...ead.php?t=3229

    These samples can be downloaded, installed and modified from NinjaTrader and hopefully serve as a good base for your custom works.

    There is a also a growing library of user submitted custom indicators (100+) that can be downloaded from our support form. Please look in the NinjaScript File Sharing section of our support forum as you may find what you are looking for there: http://www.ninjatrader.com/support/f...splay.php?f=37

    Please let me know if you have any questions.

    Comment


      #3
      I have coded a Relative Volume indicator which can be applied to minute charts. If you apply it to a 15 min chart, it allows you to compare each period of 15 minutes to the typical volume for that period. In the chart below

      -> green volume bars represent a volume > 120% of average volume for that same period of the day over the last half year
      -> red volume bars represent a volume < 80% of average volume for that same period of the day over the last half year
      -> white volume bars are bars close to average volume over the last half year

      Now you have asked about the cumulated volume of the current trading day until now. The indicator also shows the cumulated volume as a separate plot. However, it is not shown as an absolute value but as a percentage of average cumulated volume for that time of the day.

      If you look at the chart below you will find that cumulated volume for 6E 12-15 today is significantly lower as usual. At 6:00 PM CET the cumulated volume runs at

      -> 74% of the average volume of the last 130 trading days (26 weeks)
      -> 82% of the average volume of the last 26 Mondays

      Monday already is a low volume day, today's volume is even low compared to other Mondays.

      The indicator can be downloaded from the free indicator library at www.lizardtrader.com.
      Attached Files

      Comment


        #4
        Originally posted by Harry View Post
        I have coded a Relative Volume indicator which can be applied to minute charts. If you apply it to a 15 min chart, it allows you to compare each period of 15 minutes to the typical volume for that period. In the chart below

        -> green volume bars represent a volume > 120% of average volume for that same period of the day over the last half year
        -> red volume bars represent a volume < 80% of average volume for that same period of the day over the last half year
        -> white volume bars are bars close to average volume over the last half year

        Now you have asked about the cumulated volume of the current trading day until now. The indicator also shows the cumulated volume as a separate plot. However, it is not shown as an absolute value but as a percentage of average cumulated volume for that time of the day.

        If you look at the chart below you will find that cumulated volume for 6E 12-15 today is significantly lower as usual. At 6:00 PM CET the cumulated volume runs at

        -> 74% of the average volume of the last 130 trading days (26 weeks)
        -> 82% of the average volume of the last 26 Mondays

        Monday already is a low volume day, today's volume is even low compared to other Mondays.

        The indicator can be downloaded from the free indicator library at www.lizardtrader.com.
        This is what I was looking for. Have you updated any of them to NT8 yet?

        Comment


          #5
          Originally posted by Drtro View Post
          This is what I was looking for. Have you updated any of them to NT8 yet?
          Planning for updates, but will take some time.

          Comment


            #6
            Originally posted by Harry View Post

            Planning for updates, but will take some time.
            Hello Harry,

            I tried to download this indicator for NT8 but not succesful. Is it a free indicator or I must to pay some subscription?

            BR,
            Fede

            Comment


              #7
              Originally posted by federicoo View Post

              Hello Harry,

              I tried to download this indicator for NT8 but not succesful. Is it a free indicator or I must to pay some subscription?

              BR,
              Fede
              Hello Fede,

              The Relative Volume indicator for NinjaTrader 7 is a free download. The indicator for NinjaTrader 8 is available in our indicator library at www.lizardindicators.com. The indicator library contains 135 indicators for NinjaTrader 8. All indicators are maintained and regularly updated.To access the indicators you need to purchase a membership, which is available for a one-time fee of USD 150 (no recurring payments). As a member you may download any of the indicators (free downloads with no limitations for members).

              Here is a link to the Relative Volume indicator: https://www.lizardindicators.com/ind...lative-volume/

              Comment


                #8
                Originally posted by Harry View Post

                Hello Fede,

                The Relative Volume indicator for NinjaTrader 7 is a free download. The indicator for NinjaTrader 8 is available in our indicator library at www.lizardindicators.com. The indicator library contains 135 indicators for NinjaTrader 8. All indicators are maintained and regularly updated.To access the indicators you need to purchase a membership, which is available for a one-time fee of USD 150 (no recurring payments). As a member you may download any of the indicators (free downloads with no limitations for members).

                Here is a link to the Relative Volume indicator: https://www.lizardindicators.com/ind...lative-volume/
                Hello Harry,

                Are all these 135 indicators global? I mean, can I use these to write my own strategies based on these?

                BR

                Comment

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