How does one measure PRESSURE up or down?

NexusFi · 2013-04-15T00:34:54-04:00

I use a William Blau's Tick Volume Indicator, described in his book Momentum, Direction, and Divergence (Wiley). Fortunately, a very competent version of this was coded for MetaTrader 4 (I trade Forex) and is available here: Tick Volume Indicator v2 - MQL4 Code Base ( As with any indicator, you'll need to play around with the settings to find those that work best for you. Currently, I use 8,8,3 on my 5-minute charts, and it is very helpful. Combined with some sort of support & resistance tool, …

Discussion in Emini and Emicro Index

Updated April 15, 2013

How does one measure PRESSURE up or down?

April 15th, 2013, 12:34 AM

#11 (permalink)

hector24

austin, texas

Elite Member

Experience: Intermediate

Platform: ninja trader

Trading: currency futures

Posts: 506 since Jan 2011

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scratchman

Sorry, Hector, I don't know of a NinjaTrader version, and I couldn't find one, which surprises me. Perhaps someone on this forum will be inspired to create one.

Thanks Scratchman, I will check around and see if someone might be able to convert it for me.

Thanks
Hector

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Last Updated on April 15, 2013