I really didn't remember too much about the indicator. It is basically a sort of Time&Sale with a Bid and Ask volume at each price point. There is a little toggle at the bottom where you can choose Time frame. That makes the count reset after the chosen candle expiration. The interesting part to me is to see how many are waiting at the bid, for example, and then to see how many actually prints. If there is a lot more printing than are showing on the DOM, that could suggest good support.
I just don't remember enough right now, and my NT keeps freezing up when I use it so I have to restart it.
It never used to paint anything on the charts, so that must be a new problem in NT7. It also freezes my NT and I have to restart it. Might be too much work to get to the point it needs to be, even though it had a really good use on news. If you were fast enough, you could often use it to see where the spike was ending, or at least taking a breather. I didn't have the cajones at the time to make full use of it. Still not sure that I do, but I was wanting to see if I could use it better now.
Thanks for all your help, Anders
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The DrawText stuff has a lot of overhead, and the indicator would probably be much less resource intensive if those were commented out or replaced with objects managed by the Plot method.
"If we don't loosen up some money, this sucker is going down." -GW Bush, 2008
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“The greatest shortcoming of the human race is our inability to understand the exponential function.” Prof. Albert Bartlett
Last edited by Zondor; August 25th, 2014 at 06:25 PM.
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Hi Zondor, I have been away on vacation, so haven't had a chance to get back to you.
I just read an old article about scalping, and the guy was talking about looking at the order book. In the article there is a DOM in a picture that has the volume traded at each level. It's not NT, but made me think I can use this indicator the same way. Do you think there is a lot of work to get this to work seamlessly? If so, I have a version that will work on Crude and ES too. Let me know what you think.