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Multicharts.Net and Footprint charts
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Multicharts.Net and Footprint charts

  #1 (permalink)
Trading Apprentice
Sevilla + Spain
 
Futures Experience: Beginner
Platform: Multicharts
Favorite Futures: SP
 
Posts: 20 since May 2016
Thanks: 3 given, 2 received

Multicharts.Net and Footprint charts

Hi,

I am using Multicharts.NET SE and I would like to know if is possible to improve the footprint (Volume Delta) charts, via indicator programing in PowerLanguage.

The way of showing data in those charts, is very confusing and unreliable. I would like to do something like the following:

The bar is like this:

230x540
620x10
720x980
5x36

This is an example. What I would like to have is: if number at the right is at least three times number at the left in the row below put it in green. If not, leave it in black (foreground color of the font)

If the left number is at least three times the number of the right in the above row, print it in red.

For this to work, we should configure the style of the chart to make the background always white.

So in the above example, we woulf have 230 in black, 540 in black, 620 in black, 10 in black, 720 in red, 980 in green, 5 in black and 36 in black.

Is it possible? Any approach to do this?

Thanks in advance.

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  #2 (permalink)
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  #3 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
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fjgaspar,

yes, this would be doable with a custom indicator. You can access the data via the Volume Profile collection and then draw the outcome via GDI. It's definitely doable, but will require some advanced coding.

Regards,

ABCTG

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  #4 (permalink)
Trading Apprentice
Sevilla + Spain
 
Futures Experience: Beginner
Platform: Multicharts
Favorite Futures: SP
 
Posts: 20 since May 2016
Thanks: 3 given, 2 received

Thanks for the answer

Could you then put me in the way to do it? The documentation of Powerlanguage is quite insuficient, specially with the GDI part.

Not need the whole code, just some guidance.

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  #5 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
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fjgaspar,

the build in Depth of market indicators provide a good start for the GDI part.

Regards,

ABCTG

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  #6 (permalink)
Trading Apprentice
Sevilla + Spain
 
Futures Experience: Beginner
Platform: Multicharts
Favorite Futures: SP
 
Posts: 20 since May 2016
Thanks: 3 given, 2 received

Thanks again..

That is in Multicharts Built in indicators?

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  #7 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,455 since Apr 2013
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These are indicators build in Multicharts.NET. They are called _Market_Depth_on_Chart_ and _Market_Depth_on_Chart_2_.

Regards,

ABCTG

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  #8 (permalink)
Trading Apprentice
Sevilla + Spain
 
Futures Experience: Beginner
Platform: Multicharts
Favorite Futures: SP
 
Posts: 20 since May 2016
Thanks: 3 given, 2 received

OK

Ok, thank you very much. I will try to figure out and work in a code to do what I told.

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  #9 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,455 since Apr 2013
Thanks: 222 given, 830 received

fjgaspar,

you are welcome. By the way you can show your appreciation for a post on futures.io by clicking the "Thanks" button next to it.

Regards,

ABCTG


fjgaspar View Post
Ok, thank you very much. I will try to figure out and work in a code to do what I told.


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