i am watching T&S a bit these days and would like to have an indicator that shows me Blocktrades in my chart.
with this help i dont need to watch T&S permanently - that the idea.
i define a Blocktrade as a trade wich has a lot-size of X or more - in example X = 50 / X should be a choosable parameter.
this function is given in T&S - properties - Block alert trade size - but its only working in T&S list.
i want to build an indicator that does a backcolor in the chart - green for blocks on buy - red for blocks on sell .
thats for the beginning - later i will play with diff alerts like drawing-objects / sound etc - i dont know yet what will be the best - but thats not important for now.
main thing is to grab / identify those blocktrades with coding.
important is also that the backcolor stays permanetly if its done one time at this bar.
alternatively it would be possible to do a lower panel indicator - like a histogramm - that paints pos. or neg. lets say value of 1 for one blocktrade, value of 2 for the second blocktrade in the same bar etc. (thinking about minutebars)
i dont want to plot or need to know the volume of the blocks - that doesnt matter -
i just want to show blocks (backcolorversion) or count blocks (lower-panel-version)
i have no idea of coding this cause i never played with the vol + gomi-stuff.
maybe its out there yet - or you have an idea how to realize this.
BTW - the thing should work on NT 6,5 ! - so if it will be based on gomi-indies - it should use versions that are compatible to NT 6,5 !
The following user says Thank You to max-td for this post:
Trades with buyvolume only that are above the block size
Trades with sellvolume only that are above the block size
Trades with buyvolume and sellvolume above the block size.
However, several months ago I coded a Trade Size Analyzer that may give you what you want. It shows the volume traded OR orders traded in small, medium, and large lots. The size cutoffs are user adjustable.