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Better Volume Indicator with Sound Alerts
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Created: by Fat Tails Attachments:24

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Better Volume Indicator with Sound Alerts

  #141 (permalink)
Elite Member
canada
 
Futures Experience: Intermediate
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ChocLab's Avatar
 
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Sorry to bump thread but I'm confused to all the different choices.

I have had some losses on CL today when volume exceeded 3k (i trade using a 1 minute chart), alot of slippage. I would like a reall good indicator that gives me Volume spike alerts so that I can make my exit from the trade. can anyone please make some recommendations?

Thanks


Last edited by ChocLab; March 20th, 2015 at 12:25 PM.
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  #142 (permalink)
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Fat Tails's Avatar
 
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perrysingh View Post
Sorry to bump thread but I'm confused to all the different choices.

I have had some losses on CL today when volume exceeded 3k (i trade using a 1 minute chart), alot of slippage. I would like a reall good indicator that gives me Volume spike alerts so that I can make my exit from the trade. can anyone please make some recommendations?

Thanks

If you wish to use a volume alert to exit your trade, this only makes sense if your trade is profitable. In this case you would use a limit order (no slippage) and not a market order.

If you have set a hard stop to limit your losses, you cannot avoid slippage. Theoeretically, you could use a stop limit order which would limit losses. But with that order type you may not get filled at all.

The BetterVolume indicator comes with volume alerts and can be used for your purpose. You can also look for the 1 min volume and use an alert when the specified amount is exceeded.

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  #143 (permalink)
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San jose
 
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Need little change in the indicator


Hi Fat Tails,
I have small request to make a change in this indie. I like to see the dot on the bar where the volume is > 3X then the average volume. Can you please help me out on this.

Regards
Bill

Attached Files
Register to download File Type: zip BetterVolumeEnhanced.zip (9.9 KB, 102 views)
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  #144 (permalink)
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i am sure you will get " i am sorry "

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  #145 (permalink)
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billsingh View Post
Hi Fat Tails,
I have small request to make a change in this indie. I like to see the dot on the bar where the volume is > 3X then the average volume. Can you please help me out on this.

Regards
Bill

Try asking here:
https://futures.io/elite-circle/1261-want-your-ninjatrader-indicator-created-free.html#post16068

Nil per os
-NJAMC [Generic Programmer]

LOM WIKI: NT-Local-Order-Manager-LOM-Guide
Artificial Bee Colony Optimization
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  #146 (permalink)
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Thanks NJAMC...already done. I am learing programming.....what one line of code...got it from Ninjatrader support guys.

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  #147 (permalink)
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Nice workmanship

Good work and time you put in, thank you for the tool.

All of your tools...again...great work, and appreciate your sharing.

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  #148 (permalink)
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billsingh View Post
Hi Fat Tails,
It is working in MA now. but I am getting the values from 0 - 9 don't know how to inter-prate them.

Seems like this sequence.....is that right.

0 - strong climax churn bar
1 - strong climax bar
2 - strong churn bar
3 - weak climax churn bar
4 - weak climax bar
5 - weak churn bar
6 - low volume bar
7 - upclose other
8 - downclose other
9 - doji


Hi @billsingh, Would you mind to share the indi you modified to use it in Market Analyzer?
Thanks in advance.
Pep

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  #149 (permalink)
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Need to Refresh Data constantly

HI I have been using Better Volume, for a couple of years now and love this indicator, but find it has one really annoying characteristic. Every time a new bar prints i need to refresh the data in order to get the correct bar color, otherwise it often prints a false one, usually magenta.

Once I refresh the data it's fine, until the next bar.

Does anyone know how to fix this? is it a setting problem?

Thanks in advance hope someone has the answer.

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  #150 (permalink)
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Change settingsw



kiasucapital View Post
HI I have been using Better Volume, for a couple of years now and love this indicator, but find it has one really annoying characteristic. Every time a new bar prints i need to refresh the data in order to get the correct bar color, otherwise it often prints a false one, usually magenta.

Once I refresh the data it's fine, until the next bar.

Does anyone know how to fix this? is it a setting problem?

Thanks in advance hope someone has the answer.

Set 'Calculate on bar close' to 'True'

Dudley

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