buying pressure

[mystiq]

:confused:...is there a recommended solution to show buying pressure in MA as a "graph" or "regular" ?

[NinjaTrader_Jason]

Hello mystiq,

You can plot the BuyPressure or SellPressure value (regular) in the Market Analyzer or you can plot a BarGraph.

When you add an Indicator column in the Market Analyzer and you select the BuySellPressure indicator, you can set 'Plot' to BuyPressure or SellPressure. Subsequently make sure 'Type' is set to 'Regular' and it will plot the BuyPressure or SellPressure value in the Market Analyzer.

If you set 'Type' to 'BarGraph' it will plot a horizontal bar in the Market Analyzer.

In addition, you could add two Indicator columns - one for the BuyPressure and one for the SellPressure.

[mystiq]

Hello mystiq,

You can plot the BuyPressure or SellPressure value (regular) in the Market Analyzer or you can plot a BarGraph.

When you add an Indicator column in the Market Analyzer and you select the BuySellPressure indicator, you can set 'Plot' to BuyPressure or SellPressure. Subsequently make sure 'Type' is set to 'Regular' and it will plot the BuyPressure or SellPressure value in the Market Analyzer.

If you set 'Type' to 'BarGraph' it will plot a horizontal bar in the Market Analyzer.

In addition, you could add two Indicator columns - one for the BuyPressure and one for the SellPressure.
Thx. i have one for buypressure and one for sellpressure. calculateon barclose-TRUE
bargrapgh-left to right- 60min. ....but the M.A. display shows nothing. granted i tried this after market closed. any suggestions?:confused:


p.s. what are the advantages of using buysellpressure over buysellvolume?
i have read the info on them and still cannot differ...

edit--- cobc- FALSE is the correct setting

[NinjaTrader_Jason]

Yes, you will need to set 'Calculate on bar close' to False for it to function properly. Please note that the BuySellPressure is a real-time indicator, meaning it will only work on real-time data. Please see the link below for more information.
http://www.ninjatrader.com/support/helpGuides/nt7/power_volume_indicators.htm

[mystiq]

http://www.ninjatrader.com/support/forum/c:\users\collmang\desktop\editmenow.xps

[mystiq]

Yes, you will need to set 'Calculate on bar close' to False for it to function properly. Please note that the BuySellPressure is a real-time indicator, meaning it will only work on real-time data. Please see the link below for more information.
http://www.ninjatrader.com/support/helpGuides/nt7/power_volume_indicators.htm

thanks...I have an .xps file with columns of buypressure and sellpressure. i cannot upload it on the site. format not supported. is there an email address i can send it to you to show you what values i get and confirm what i think is happening?

[NinjaTrader_Jason]

Hello mystiq,

You can send it to support[at]ninjatrader[dot]com. Please put 'Attn Jason' in the subject header and reference this forum thread.

If the file is larger than 3 MB, please zip the file first.

[mystiq]

Hello mystiq,

You can plot the BuyPressure or SellPressure value (regular) in the Market Analyzer or you can plot a BarGraph.

When you add an Indicator column in the Market Analyzer and you select the BuySellPressure indicator, you can set 'Plot' to BuyPressure or SellPressure. Subsequently make sure 'Type' is set to 'Regular' and it will plot the BuyPressure or SellPressure value in the Market Analyzer.

If you set 'Type' to 'BarGraph' it will plot a horizontal bar in the Market Analyzer.

In addition, you could add two Indicator columns - one for the BuyPressure and one for the SellPressure.

* for these indicators, should the timeframe be set to 1-minute data? or can 30-minute data also work? *

is it possible to post a screenshot of BuySellPressure using the "bargraph" in MA? with settings?

[NinjaTrader_Jason]

Hello mystiq,

You can set the timeframe to your liking. If you select 30 minutes, the BuySellPressure will be applied on a data set of 30 minute bars.

I have attached two screenshots below.

[mystiq]

Hello mystiq,

You can set the timeframe to your liking. If you select 30 minutes, the BuySellPressure will be applied on a data set of 30 minute bars.

I have attached two screenshots below.
Thanks ...the indicator you use does not match what i use...i am on NT6.5
the settings you have are not available to me? i really dont think buysellpressure works in nt6.5 i give up on this indicator...

[NinjaTrader_Jason]

Yes, I used NinjaTrader 7 when I tested and created the screenshots. You can download and install NinjaTrader 7 for free from the link below.
http://www.ninjatrader.com/download-registration.php

However, it should work in NinjaTrader 6.5 as well. Please set 'Type' to BarGraph and setup the other settings as per my screenshots.

[mystiq]

Thanks ...the indicator you use does not match what i use...i am on NT6.5
the settings you have are not available to me? i really dont think buysellpressure works in nt6.5 i give up on this indicator...

Ok. but...
"..# of bars to lookback : 50"
"..maximum bars lookback : twohundredfiftysix"

.....are not in the nT6.5 indicator, how; where would I implement this change?

also, if i needed to see the pressure for the entire day? - should the period be set to 1day(daily)? to measure the daily bar?

[NinjaTrader_Jason]

These settings are not required to plot the BuySellPressure indicator in the Market Analyzer. The BuySellPressure is a real-time indicator - it will only plot values on real-time data. So amount of bars to look back does not affect the indicator.

Yes, you can set it to a daily interval. However, since it is a real-time indicator, it will reflect the current buy/sell pressure.

[mystiq]

These settings are not required to plot the BuySellPressure indicator in the Market Analyzer. OK

The BuySellPressure is a real-time indicator - it will only plot values on real-time data. So amount of bars to look back does not affect the indicator.OK

Yes, you can set it to a daily interval. However, since it is a real-time indicator, it will reflect the current buy/sell pressure. OK. NO Problem, that is what I want

Thanks:cool:

[mystiq]

Hello mystiq,

You can set the timeframe to your liking. If you select 30 minutes, the BuySellPressure will be applied on a data set of 30 minute bars.

I have attached two screenshots below.

**thanks for the screenshot of buysellpressure...can you also provide a screenshot of buysellvolume?**

[NinjaTrader_Jason]

Please see the attached screenshot.

[mystiq]

Please see the attached screenshot.

Thank you...appreciate it:cool:

[mystiq]

Please see the attached screenshot.

..since the BUYSELLVOLUME indicator only plots the sell volume in market analyzer, the BUYSELLVOLUME2 indicator that allows for plots of buys , sells and largest volume...plotted for largest, would in theory ONLY plot the LARGEST SELL VOLUMEs?
...and when it is not plotted(displayed), it means the BUY VOLUME was LARGEST?:confused:

[NinjaTrader_Brett]

Hello,

Yes this is the case. The higher is what would be displayed.