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Volume Delta Indicator

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    Volume Delta Indicator

    Is there an indicator that is very similar to "BuySellVolume" except that the larger volume always switches to the "top"?

    see: http://www.traderslaboratory.com/for...ator-1153.html

    I use Volume Delta Indicator in Tradestation and really liked it. I am trying to convert fully over to NinjaTrader now.

    An alternative would be to add a few lines of code to "BuySellVolume" and allow the user to input a "true" or "false" if they would rather use it the way it currently works or to allow the higher volume to be on top. Unfortunately, I have not learned Ninjascript (C#) or I would do it myself...

    Thanks for any help!
    Bob

    #2
    Hi Bob,

    This is not supported out of the box at this time. Will add this as a request to our list of potential future enhancements.
    RayNinjaTrader Customer Service

    Comment


      #3
      Heard that fin-alg is working on one for NT

      Originally posted by Robotman View Post
      Is there an indicator that is very similar to "BuySellVolume" except that the larger volume always switches to the "top"?

      see: http://www.traderslaboratory.com/for...ator-1153.html

      I use Volume Delta Indicator in Tradestation and really liked it. I am trying to convert fully over to NinjaTrader now.

      An alternative would be to add a few lines of code to "BuySellVolume" and allow the user to input a "true" or "false" if they would rather use it the way it currently works or to allow the higher volume to be on top. Unfortunately, I have not learned Ninjascript (C#) or I would do it myself...

      Thanks for any help!
      Bob

      Comment


        #4
        As a further example of a brilliant market delta volume tool, take a look at this..... http://www.linnsoft.com/tour/techind/vb.htm

        I love the ability to use the "VB" tool in the cumulative mode to track the ES volume flow through the day....to see if the market is "net" negative or positive at s/r areas. This type of tool would be excellent in V6.5

        Comment


          #5
          Try this. (Not for 6.0 -- For 6.5 only.)

          For other variations of this indicator, also see: http://www.ninjatrader-support.com/v...ad.php?p=23711
          Attached Files
          Last edited by KBJ; 12-28-2007, 11:59 PM. Reason: Added reference to other BuySellVolume indicator variations.

          Comment


            #6
            KBJ - That looks good showing the "intra-bar" delta for each candle.

            I am a cumulative delta junkie, so having the "intra-bar" delta cumulative and displayed as separate candles for each price bar is really powerful. With a cumulative delta candle format, you can then apply indicators to these just as they were price candles (hint..hint, and you can spot huge divergences between price and the cumulative affect of the days delta at key turning points of the ES each day).

            Here is an example of "5Pillars" work taken from elitetrader.com .. he shows how he looks for cumulative delta divergence with price for entries... http://www.charthub.com/images/2007/...TradeChart.png

            That was taken from this page at ET.... http://www.elitetrader.com/vb/showth...ta#post1313402

            Hope this helps...Happy New Year To ALL The Ninja's!
            Last edited by Fulcrum; 12-29-2007, 08:14 AM.

            Comment


              #7
              Bid Ask delta display

              Click image for larger version

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              Is it possible to display the Bid Ask volume like esignal. See attachment. Light green is total volume, dark green is Ask volume and red is Bid volume.

              Comment


                #8
                OK, here's one that displays the total volume.

                Note this indicator does not work for 6.0 -- For 6.5 only.)

                (The other indicators in the screen shot can be found here: http://www.ninjatrader-support.com/v...11&postcount=1)
                Attached Files

                Comment


                  #9
                  version 6.5??

                  Originally posted by KBJ View Post
                  OK, here's one that displays the total volume.

                  Note this indicator does not work for 6.0 -- For 6.5 only.)

                  (The other indicators in the screen shot can be found here: http://www.ninjatrader-support.com/v...1&postcount=1)
                  How do I get version 6.5? I didnt see it on the NT download page.

                  thanks,
                  David

                  Comment


                    #10
                    Josh P.NinjaTrader Customer Service

                    Comment


                      #11
                      KBJ,
                      NIce work!
                      Anyone know when we'll be able to utilize historical data with these indicators?
                      Rok

                      Comment


                        #12
                        Hi KBJ,

                        I forgot to thank you for writing these indicators. Thank you very much!

                        Bob Perry
                        Los Altos, CA

                        Comment


                          #13
                          The Total volume indicator is Perfect. Thank you KBJ, and thanks for the quick response.

                          Comment


                            #14
                            Originally posted by KBJ View Post
                            OK, here's one that displays the total volume.

                            Note this indicator does not work for 6.0 -- For 6.5 only.)

                            (The other indicators in the screen shot can be found here: http://www.ninjatrader-support.com/v...1&postcount=1)
                            Hi KJB,

                            Thanks for the indicators. I assume these work in real time during market hours because there is nothing on my chart.

                            thanks again,
                            David

                            Comment


                              #15
                              Apply Average to Delta

                              It would be very useful to watch the average delta change to see if the average (delta) buying or selling is increasing or decreasing by being able to view the histogram of the average over a user selectable time period.

                              Comment

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