NT7 Volume-Price Spike Indicator - NinjaTrader | futures io social day trading
futures io futures trading


NT7 Volume-Price Spike Indicator
Updated: Views / Replies:679 / 0
Created: by benedetti Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

NT7 Volume-Price Spike Indicator

  #1 (permalink)
Elite Member
Barcelona Catalonia
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 1 since Jun 2012
Thanks: 2 given, 0 received

NT7 Volume-Price Spike Indicator

Here’s an idea for a simple indicator that I think most intraday traders would find useful. Maybe one of you talented guys can code it. It is intended for time charts, and it alerts you when there’s a spike in both price and volume.

Conditions could be something like these:

Calculate on bar close

IF (Volume ≥ 1.618 × the average volume of last 14 bars)
AND (price bar length ≥ 1.618 the average of price bar length for the last 14 bars)

AND ((Close – Low) ≥ 0.8 × (High – Low))
OR ((High – Close) ≥ 0.8 × (High – Low))

THEN overlay an arrow in Volume bar AND play audio alert

Nice to have: it is possible for the user to change desired values (amount of volume, number of bars, bar length and percentage of close regarding high to low)

This indicator accomplishes two things: it gives you confirmation that volume and price spikes respond to your criteria instead of just relying on your visual estimation, and you don’t miss the action thanks to the alert.

Reply With Quote

Reply



futures io > > > > NT7 Volume-Price Spike Indicator

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
NT7 Need some help configuring volume indicator sands NinjaTrader 2 February 23rd, 2014 07:41 PM
Best Volume Delta Indicator for NT7? Jim P The Elite Circle 3 March 2nd, 2012 11:15 AM
Volume Profile Indicator for NT7 snp500analyst The Elite Circle 34 February 11th, 2012 12:52 PM
Love the Volume Spike Indicator tradeguy24 Traders Hideout 1 August 20th, 2009 04:06 AM
stop volume/ spike volume cory Traders Hideout 6 June 29th, 2009 11:13 PM


All times are GMT -4. The time now is 10:38 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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 2017-12-10 in 0.07 seconds with 19 queries on phoenix via your IP 54.221.73.186