OrderFlow - Ratio Bounds Low & High

[NinjaTrader_Jim]

Hello dlshepjr,

You can loop through the price levels of the bar by tick size to get the highest and lowest price levels of the bar, then you can use VolumetricBars' GetAskVolumeForPrice and GetBidVolumeForPrice to get the bid/ask volume of those price levels.


Looping through price levels of a bar, from low to high:

for (double rowPrice = Low[0]; rowPrice <= High[0]; rowPrice += TickSize)

Looping through price levels of a bar, from high to low:

for (double rowPrice = High[0]; rowPrice >= Low[0]; rowPrice -= TickSize)

You could limit the loop to check 2 price levels if you do the following:

Looping through price levels of a bar to get the bottom 2 price levels, from low to high:

for (double rowPrice = Low[0]; rowPrice <= Low[0] + TickSize; rowPrice += TickSize)

Volumetric Bars Data Access methods can be found here - https://ninjatrader.com/support/help...tric_bars2.htm

As this thread was opened in our Platform Technical Support forum, we ask that if you have any other NinjaScript related questions, to open a thread in the NinjaScript Indicator Development or Strategy Development forums if you have additional NinjaScript questions.

[M.elShafey]

Hello Cyanez Cyanez and everyone,
Please what are doing in the ratio matter? do you find a representation for it in the order Flow chart? in my own simple knowledge is it not included in ninjatrader packs
Thanks

[M.elShafey]

Hello Cyanez,

The calculation for Ratio Bounds is actually pretty simple. Explaining it, not so much.

For a SELL/DOWN bar: You take the two highest price volume records in a bar ON THE BUY/UP side and divide the second place price volume by the first place price volume. It's the opposite for a BUY/UP bar. See the attached example. 743/200 = 3.715

Hope this helps!

yes, Chessdweeb it is simple and important but notice that it must be a blue colour ratio in the case of having a bullish reversal and the last volume traded in a bar is less than 10 in the bid side.
and likely in a bearish reversal but in the offer side. if i have something wrong in my view please correct.
and please what is that add on tools to get this order flow chart with ratio?
Thanks

[Trader17]

Trader17, thanks for the feedback. But part of my issue is that I’m having a hard time getting the 2 levels for the low and the upper. I’m familiar with the max/min for the bar, but not sure how to code to get these two levels. Any help would be much appreciated.

Jim D explained it. Can you do it now?

[dlshepjr]

Thanks Jim D for the explanation.

[toocool7610]

well i am brand new to ninjatrader , can anyone please post the code please

thanks

[NinjaTrader_Jim]

Welcome to the forums toocool7610!

We do not have any example code for this exact purpose, it would have to be written, and the direction from post #16 could be used as a starting point if someone wanted to look at each bid/ask price and volume to develop the ratio bounds calculation.

We will leave the thread open for other community feedback incase another member has some pre-written code, or knows of an available script that performs the task.