Volume Delta Indicator

[Robotman]

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/forums/f46/volume-delta-indicator-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

[NinjaTrader_Ray]

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.

[momentom]

Heard that fin-alg is working on one for NT

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/forums/f46/volume-delta-indicator-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

[Fulcrum]

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 :cool:

[KBJ]

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

For other variations of this indicator, also see: http://www.ninjatrader-support.com/vb/showthread.php?p=23711

[Fulcrum]

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). :cool:

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/2007/01/03/ESTradeChart.png

That was taken from this page at ET.... http://www.elitetrader.com/vb/showthread.php?s=&postid=1313402&highlight=cumulative+delta#post1313402

Hope this helps...Happy New Year To ALL The Ninja's! :D

[raumrudee]

1533

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.

[KBJ]

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/vb/showpost.php?p=23711&postcount=1)

[slableak]

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/vb/showpost.php?p=23711&postcount=1)

How do I get version 6.5? I didnt see it on the NT download page.

thanks,
David

[NinjaTrader_Josh]

http://www.ninjatrader-support.com/vb/showthread.php?t=4944

[rokafella]

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

[Robotman]

Hi KBJ,

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

Bob Perry
Los Altos, CA

[raumrudee]

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

[slableak]

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/vb/showpost.php?p=23711&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

[Gibby]

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.

[Khepfere]

Along the same lines as Gibby- It would be great to have the difference between the Buy and Sell volume in a bar as an indicator that can then be set up as a long and short Moving Average cross-over.

KBJ- is this something that you have the time to do? (I would do it myself - but It's been a long time since I've programmed - e.g. PL1, Pascal, etc.)

Thanks

[T2020]

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 :cool:

Investor RT really has a handle on these type of volume indicators . Delta bars , vwap bands , volume area's charted . I would also like to see these
implemented in Ninja as soon as possible . :)

[randyjb]

Investor RT really has a handle on these type of volume indicators . Delta bars , vwap bands , volume area's charted . I would also like to see these
implemented in Ninja as soon as possible . :)

Well, good luck with that T2020.. We haven't seen much in this regard for
quite awhile. I suspect it is more a matter of not knowing the code behind those indicators, thus no one has ported them over to NT. There might also be other reasons, but not being a programmer myself, I am not privy to what they might be. A fellow ginned up a very clever Time and Sales based (bid versus ask) volume oscillator that he calls the BuySell Strength Indicator (you can just look it up on Google if you want to see how it operates).

Unfortunately, he stopped selling the indicator outright and he instead now leases it monthly so that you end up paying for it again and again and again.

Anyway, I certainly support your desires for better volume tools for Ninjatrader. Maybe we will see something new in that regard when they come out with 7.0 next year.

Happy Trading :)

[T2020]

Here's a guy that wrote something like what we've been talking about ,
(for Ninja) but he hasn't answered my email about it ????
http://www.whitmarkdevelopment.com/projects/projects.htm
The look is different , maybe better ?

[randyjb]

Here's a guy that wrote something like what we've been talking about ,
(for Ninja) but he hasn't answered my email about it ????
http://www.whitmarkdevelopment.com/projects/projects.htm
The look is different , maybe better ?

If you mean what is found at that link under New Development.. .that is an old example of something they programmed up for ViperSpeedTrader... There was an old thread on elitetrader about that by the fellow who developed the idea and reportedly trades it. They won't give you info on it as it is proprietary.

As to not hearing back from them, well if they actually got your inquiries it does seem a bit unprofessional for them not to have replied, but I think I read elsewhere here on the forum about a similiar situation. Of course, they could also just be on an extended vacation or only dabble in programming for traders occasionally for all I know.

I actually far prefer the BuySell Strength indicator, but again.. that is proprietary and available only via monthly subscription.

Happy Trading :)

[T2020]

Well , lets hope that Ninja surprises up with a whole new complete suite
of volume indicators in V.7 ...:cool:

[timmyb]

I have been using Fin-Algs demo for ninja trader, Its free for 30 days and it is an unbeleivable tool. I highly recomend it, and even after the demo 50 bucks a month is a great deal for this powerful software.


if you demo it please say

timothy brandon

sent you

again i cant recomend it enough