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Identify volume

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    Identify volume

    Hello ninjatrader support! I need your help to identify an event.
    I'm working with range 10 in volumetric bars
    Under what conditions does the most intense yellow color appear in the volume bar?
    You can see picture of the event.
    Thank you.

    #2
    With default settings, the top row of bar statistics is 'trades'. The gradient of the yellow color indicators a higher or lower amount of trades in that bar. The most 'intense' yellow would be the bar with the most trades relative to the surrounding bars.

    You can read more about the Volumentric Bars and it's settings/features here:

    https://ninjatrader.com/support/help...etric_bars.htm
    Patrick G.NinjaTrader Customer Service

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      #3
      Thanks for your reply Patrick, I read the settings and I understand that the last 20 periods are used to determine the average for the bars, but I would like to know what ratio makes that the bars are painted on intense yellow. What kind of calculation is used to assign the color for the bars.
      Thanks and best regards

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        #4
        Correct - there are 20 different opacity levels by default due to the strength sensitivity property. The most opaque have the largest values and the smallest values have the least opacity. For example, change the strength sensitivity from 20 to 2 and you will only see 2 opacity levels.

        The opacity is evenly dispersed from the highest value. So if the sensitivity was 10 and the largest value was 100, values 91-100 would be assigned the most opaque level.
        Patrick G.NinjaTrader Customer Service

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