You can read more about it and watch a video about it here: Pace of Tape
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Measuring trade intensity with the free Pace of Tape indicator
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Measuring trade intensity with the free Pace of Tape indicator
I have created a simple indicator that measures trade intensity by measuring the number of trades in a given number of seconds. A high trade intensity often marks turning points in the market.
You can read more about it and watch a video about it here: Pace of TapeLast edited by cunparis; 05-31-2010, 08:33 PM.Tags: None
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Originally posted by cunparis View PostI have created a simple indicator that measures trade intensity by measuring the number of trades in a given number of seconds. A high trade intensity often marks turning points in the market.
You can read more about it and watch a video about it here: Pace of Tape
This indicator looks like it could be very helpful!! Did you ever post it, and if you did, would you please share where?
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Hi BMM73
Yes, it exists. It's not free but If you are interested only let me know. This indicator shows also sweeps, pocs, big orders...1 Photo
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1 Photo
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PaceOfTapeNT8.csOriginally posted by BMM73 View PostDoes something similar exist for Ninja 8 ?
It is Free! (a 10 min effort)
Cheers!Attached FilesLast edited by aligator; 03-16-2024, 12:25 PM.
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Hi, I just tried this and says still made from Ninja 7. I use this and enjoy it, hoping the version 8 one can be fixed.
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PaceOfTapeNT8.cs
But, no need for that. The attached zip file includes the same indicator and can be directly imported per Ninja import add-on process. Zip file in Post# 11 can be disregarded.
A Note about the indicator:
As indicated by the original author, the indicator will only work properly in Tick charts (i.e. 100 ticks). For larger tick charts I assume one needs to increase the threshold accordingly.
Cheers!
Attached FilesLast edited by aligator; 03-16-2024, 12:25 PM.
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