Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Identify volume

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    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

    Comment


      #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

      Comment


        #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

        Comment

        Latest Posts

        Collapse

        Topics Statistics Last Post
        Started by UltraNIX, Today, 06:17 AM
        0 responses
        1 view
        0 likes
        Last Post UltraNIX  
        Started by knarfoe, Today, 04:01 AM
        1 response
        6 views
        0 likes
        Last Post NinjaTrader_ChrisSch  
        Started by jukilo2000, Today, 02:28 AM
        1 response
        3 views
        0 likes
        Last Post NinjaTrader_Marco  
        Started by iamkajal, Today, 01:27 AM
        0 responses
        4 views
        0 likes
        Last Post iamkajal  
        Started by timmbbo, Yesterday, 10:27 PM
        1 response
        11 views
        0 likes
        Last Post tgn55
        by tgn55
         
        Working...
        X