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add the volumes of the imbalance candles


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add the volumes of the imbalance candles

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  #1 (permalink)
STORNARELLA
 
 
Posts: 6 since Dec 2016
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Goodmorning everyone. I have recently started using the multicharts platform. Please ask if it is possible to sum the volumes both in ask and bid on the candle imbalance of multicharts. I saw a similar thing in the ninjatrader platform.
Can someone help me?
I'll thank you in advance.
Angelis

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Catskill, NY
 
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angelis View Post
Goodmorning everyone. I have recently started using the multicharts platform. Please ask if it is possible to sum the volumes both in ask and bid on the candle imbalance of multicharts. I saw a similar thing in the ninjatrader platform.

Can someone help me?

I'll thank you in advance.

Angelis







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  #3 (permalink)
Catskill, NY
 
Experience: Advanced
Platform: NinjaTrader
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Harr's Avatar
 
Posts: 9 since Jul 2010
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Mzpack on Ninjatrader 8 offers their Footprint indicator which offers Audio and audio signals of imbalances. Mz charges a fee but is user friendly but well worth it. I know of reputable competitors such as Gomicators but I do not have person experience.


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Vendor
 
 
Posts: 2,225 since Apr 2013
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angelis,

this can be accomplished in MC.NET (by accessing values from the Volume Profile collection), but it will require some programming. In regular MC the data can't be accessed easily unfortunately.

Regards,

ABCTG

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  #5 (permalink)
STORNARELLA
 
 
Posts: 6 since Dec 2016
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Thanks Harr.
What I am looking for is a code in easylanguage that makes the sum of the contracts exchanged both ask and bid for these candles. I don't think it's hard for a platform like multicharts to do this. The problem is that I can't program.
Sorry for my English.

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STORNARELLA
 
 
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ABCTG View Post
angelis,

this can be accomplished in MC.NET (by accessing values from the Volume Profile collection), but it will require some programming. In regular MC the data can't be accessed easily unfortunately.

Regards,

ABCTG


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  #7 (permalink)
Vendor
 
 
Posts: 2,225 since Apr 2013
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angelis,

one thing you can try is adding the built-in "Custom 2 Line" indicator to your chart and using Upticks as value for the Plot1Formula input and DownTicks as value for Plot2Formula.
You might want to uncheck the "Skip Identical Ticks" option on the Properties tab of the Format Study dialog window to ensure the indicator gets updated with every tick.

Regards,

ABCTG


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