20 Day Volume Average

[michi08]

Hi,
I'm looking for a (example) 20 day volume average indicator, is there somthing like that in the Market Analyzer or anywhere in the NT?

Greatings
Michael

[NinjaTrader_Kyle]

Hi michi08,

Thank you for your post.

You could use the VMA indicator and set it's period to 20 using a daily interval to achieve this goal.

[mystiq]

market analyzer volume

Hi michi08,

Thank you for your post.

You could use the VMA indicator and set it's period to 20 using a daily interval to achieve this goal.

can you use this indy to show high volume/low volume in market analyzer?

[NinjaTrader_PatrickH]

Hello mystiq,

Thank you for your post.

The VMA will only show the Moving Average of the volume and no the high and low.

Please let me know if I may be of further assistance.

[koganam]

can you use this indy to show high volume/low volume in market analyzer?

What exactly are "high volume/low volume". High and Low are relative terms. You need to be more exact in what you mean by those terms, and it may be possible to filter on the values.

[mystiq]

What exactly are "high volume/low volume". High and Low are relative terms. You need to be more exact in what you mean by those terms, and it may be possible to filter on the values.

...just simple 1.5x higher than average volume for high volume and relative low volume for low volume

[koganam]

...just simple 1.5x higher than average volume for high volume and relative low volume for low volume

Easiest way then is to write an indicator to return a plot value indicative of what you want and filter on those values in the MarketAnalyzer. For example, an indicator with this in the OnBarUpdate() event:

if (Volume[0] > 1.5 * SMA(Volume, 5)) Plot0.Set(2);
else if (Volume[0] < 0.67 * SMA(Volume, 5)) Plot0.Set(0);
else Plot0.Set(1);

You can now create filters in the MarketAnalyzer to filter/change color if Plot0 is above 1 or below 1 to get the respective volume condition.

[mystiq]

Easiest way then is to write an indicator to return a plot value indicative of what you want and filter on those values in the MarketAnalyzer. For example, an indicator with this in the OnBarUpdate() event:

if (Volume[0] > 1.5 * SMA(Volume, 5)) Plot0.Set(2);
else if (Volume[0] < 0.67 * SMA(Volume, 5)) Plot0.Set(0);
else Plot0.Set(1);

You can now create filters in the MarketAnalyzer to filter/change color if Plot0 is above 1 or below 1 to get the respective volume condition.

Thx... looks perfect...but have no clue on how to use it...

NT support; can you show how to implement this?

[NinjaTrader_PatrickH]

Hello mystiq,

Thank you for your post.

Unfortunately, we cannot do the programming for you. However, we do have NinjaScript Consultants available at the following link: http://www.ninjatrader.com/partners#...pt-Consultants

We can point you in the right direction however or answer any questions. Specifically what would you like us to assist you with on this?

I look forward to assisting you further.

[mystiq]

...was looking for the steps to use the code in market analyzer.

[NinjaTrader_PatrickH]

Hello mystiq,

Thank you for your post.

The code will need to be programmed in an Indicator as a NinjaScript file.
Once the Indicator is complete and compiled you can then set a filter on the Indicator column for this Indicator.
For a video demonstrating the use of Filter Conditions in the Market Analyzer please visit the following link: http://www.ninjatrader.com/support/m...Conditions.htm
For information on creating Alert, Cell and Filter Conditions please visit the following link: http://www.ninjatrader.com/support/h..._and_filte.htm

Please let me know if I may be of further assistance.