Cumulative Volume Profile Indicator would be very powerful

[waverider]

Hi Team,

Just a suggestion for future indicator development. The volume profile in NT7 is excellent and a powerful tool for predicting support & resistance. Some professional traders rely almost exclusively on volume profiles for trading decisions and software such as INVESTOR RT provides the capacity to build a CUMULATIVE volume profile on a daily chart for weeks / months of historic volume data.

Since the NT database contains all of this data, it would be an extremely valuable development of the Vol Profile indicator if there was an option to build a historic, cumulative volume profile in Ninja, say on a daily chart, whereby all tick by tick volume data (no need for bid/ask vol, just total) was accurately and cumulatively plotted on the Y axis such that one could see low and high volume trading areas over the prior months.

Look forward to it!

[NinjaTrader_ChristopherJ]

Hello waverider,

Thank you for your post and suggestion.

I will forward your note to our development team for future considerations within the indicator portion of the NinjaTrader platform.

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

[JoshDance]

My vote as well, no brainer

+1

[tradinginzen]

If someone can post the calculation or how a cumulative vol profile would work, I'd be happy to code it.

[JoshDance]

gomi has done all these tools including this one-- but it would be nice if it or something like it were part of the software package and supported directly by the NT team.

[tradinginzen]

can you direct me to where I can find gomi's files?

[JoshDance]

http://www.google.com/search?sourceid=chrome&ie=UTF-8&q=gomi+volume+profile
http://www.bigmiketrading.com

[miker]

Might want to check out my Volume Profile indicator as well at http://www.criticaldata.com/index.php/products-3/volume-profile. (http://www.criticaldata.com/index.php/products-3/volume-profile)
Download free trial here: http://www.criticaldata.com/index.php/downloads

[CriticalTrader]

Hi waverider,

It was Investor/RT's VP features that I used as a standard in developing my CDA_VolumeProfile indicator...see comments here (http://www.ninjatrader.com/support/forum/showthread.php?p=253509#post253509).