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JTRelativeVolume
Relative Volume aka CSI (Cumulative Sheep Index)
I have had this indicator converted from NT7 for use on NT8
This indicator shows volume at the time of day relative to the prior n days. This is very useful in terms of identifying when volume is picking up or slowing down. The absolute value is not as important as whether it is rising or falling. As participation changes, the price action changes too. Probably one of the best ways to analyze volume/participation in the markets.
Tried and tested on NT8 8.0.0.12 64-bit (Standard) - BETA
Category
NinjaTrader 8 Indicators and More
Details:
JTRelativeVolume
Category:
NinjaTrader 8 Indicators and More
July 28th, 2016
Size: 1.71 KB
Downloaded: 1246 times
Keywords:
relative
volume
1747
tradertom2012
Comments/ratings
OpalDragon
September 13th, 2019 10:32 AM
Is this available for NT 7?
I can't seem to find it for Ninja 7
Also it is also missing the n bar lookback parameter like other guys have said.
pmat
November 25th, 2020 12:27 PM
thanks
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