Question: Indicator for Current Bid / Ask Volume - NinjaTrader | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Platforms and Indicators > NinjaTrader

Question: Indicator for Current Bid / Ask Volume
Started:August 19th, 2014 (04:59 PM) by pbailey19 Views / Replies:780 / 1
Last Reply:August 19th, 2014 (05:07 PM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Question: Indicator for Current Bid / Ask Volume

Old August 19th, 2014, 04:59 PM   #1 (permalink)
Elite Member
Denver, CO
Futures Experience: Intermediate
Platform: ToS, NT
Favorite Futures: ES
Posts: 11 since Aug 2013
Thanks: 7 given, 2 received

Question: Indicator for Current Bid / Ask Volume

This seems like something that should already exist, but I can't find it - so, naturally, I expect someone to point out that it's been hiding right under my nose.

Everyone's familiar with the 2nd-level DOM information: the "ladder" that shows the current volume at the bid, and at the ask. In NinjaTrader, it's fairly simple to access this information with the GetCurrentBidVolume() and GetCurrentAskVolume() indicators. I'm looking for an indicator that shows the change in bid/ask volume over the course of the trading day. Optionally, it could apply a moving average to the bid/ask volume.

I'm doing some time-of-day research, and wanted a visual way to observe the change in liquidity over time. For example, In the first two hours of the NYSE trading day, Bid/Ask Volume for the ES would be very high, maybe in excess of 1000 contracts at the bid/ask. Right after the session close, around 5 or 6 pm ET, the volume probably reaches its low for the day.

I could write this indicator myself, but I'm lazy. Plus, I'm just curious as to whether or not somebody's already written it, and it's simply got a name that I'm not anticipating.

Reply With Quote

Old August 19th, 2014, 05:07 PM   #2 (permalink)
Site Administrator
Manta, Ecuador
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 45,432 since Jun 2009
Thanks: 28,836 given, 79,560 received

GomCD part of GomRecorder


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote

Reply > Futures Trading, News, Charts and Platforms > Platforms and Indicators > NinjaTrader > Question: Indicator for Current Bid / Ask Volume

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Ninjatrader indicator that displays the current bar's volume delta on the chart? Zigrivers The Elite Circle 5 November 17th, 2013 12:27 AM
volume need to make average price current bid/offer - nt gparkis NinjaTrader 0 February 23rd, 2013 01:41 PM
Current volume vs average indicator shipolito Elite Automated NinjaTrader Trading 3 July 5th, 2012 01:18 PM
is there bid volume X ask volume in the gomiladder indicator ebdvi The Elite Circle 4 November 29th, 2011 02:02 PM
can you get a horizontal line at the current high of the volume indicator anniebee321 NinjaTrader 4 December 10th, 2010 05:18 PM

All times are GMT -4. The time now is 03:18 AM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-24 in 0.07 seconds with 19 queries on phoenix via your IP