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Better Volume Indicator with Sound Alerts
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Better Volume Indicator with Sound Alerts

  #171 (permalink)
Market Wizard
New York, NY
 
Trading Experience: Intermediate
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Sound files for NT8 - volume filter mod - pls


Fat Tails View Post
Have posted the indicator in the download section. Please let me know any observations.

Fat Tails, may I request you post the sound files referenced in the indicator.

Also, is there a possibility to add a volume filter? Would think filtering out the very low contract size of say 3 contracts would eliminate most of the "uninformed investors." Not sure how that would impact the analysis being done but would like to test it.

THANKS FOR ALL YOU DO!

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  #172 (permalink)
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jmont1 View Post
Fat Tails, may I request you post the sound files referenced in the indicator.

Also, is there a possibility to add a volume filter? Would think filtering out the very low contract size of say 3 contracts would eliminate most of the "uninformed investors." Not sure how that would impact the analysis being done but would like to test it.

THANKS FOR ALL YOU DO!


I do not have plans for a volume filter right now.

I will possibly add sound alert files later, but in the meantime you may use the indicator with your own sound files. Just select them via the indicator dialogue box.

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  #173 (permalink)
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Fat Tails View Post
Have posted the indicator in the download section.

https://futures.io/local_links.php?action=ratelink&catid=27&linkid=1989

Please let me know any observations.

Hello Fat Tails,

thank you for the great indicator. Just one question - is there a way how to call this indicator? I mean something like: if CurrentBar is ClimaxBar than do something. It would be very useful with working with it further.


Thanks again,
emun

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  #174 (permalink)
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emun View Post
Hello Fat Tails,

thank you for the great indicator. Just one question - is there a way how to call this indicator? I mean something like: if CurrentBar is ClimaxBar than do something. It would be very useful with working with it further.


Thanks again,
emun

Of course you may call it. It comes with a public Series<double> "BarType" that can be accessed by an indicator or a strategy. When you first do so, please use the indicator with the default settings. As long as you set the volume type to amaBetterVolumeType.Absolute_Volume, it only requires a few bars, before returning any results.

However, with volume type set to amaBetterVolumeType.Relative_Volume, it will not return any values for the first 8 weeks on your chart. This is because the relative volume is calculated by comparing today's volume to the average volume of the prior 8 weeks.

This means that when running a strategy that uses this indicator with relative volume, you would need to let the strategy run for 8 weeks without taking any positions. Only when the indicator starts returning values, you may use the signals. In order to check whether the indicator returns a signal you would use the inbuilt NinjaScript method "IsValidDataPoint". Here is a piece of a sample code you may use to check whether the current bar is a strong climax bar (not tested).

 
Code
if(amaBetterVolume.IsValidDataPoint(0) && amaBetterVolume[0].BarType == 1) 
{
   // The current bar is a strong climax bar.
   // Do something here.
}

The values for the bar types are the same as used for the market analyzer columns, also see description in the download section: https://futures.io/local_links.php?action=ratelink&catid=27&linkid=1989

strong climax churn bar = 0
strong climax bar = 1
strong churn bar = 2
weak climax churn bar = 3
weak climax bar = 4
weak churn bar = 5
low volume bar = 6
upclose no signal bar = 7
downclose no signal bar = 8
doji no signal bar = 9

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  #175 (permalink)
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Abiquiu NM
 
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Y close discrepancy on 20S Chart

@Fat Tails

Attached please find pic of two charts side by side . . .

The chart on left is 1M and prints Y-close from 9/7 Fri at 2874.75

the char on the right is 20S and prints Y-close from 9/6 at 2879.00

Both charts are ETH and Floor Trader Pivots and Daily Bars.

I reloaded all historical data on both charts but the discrepancy did not go away.

Today from yesterday's (Mon) data the charts are in agreement . . .

Thank you again for your great indys . . .

rickr
Attached Thumbnails
Better Volume Indicator with Sound Alerts-fat-tails-daily-pivots-discrepancy.png  
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  #176 (permalink)
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rickr View Post
@Fat Tails

Attached please find pic of two charts side by side . . .

The chart on left is 1M and prints Y-close from 9/7 Fri at 2874.75

the char on the right is 20S and prints Y-close from 9/6 at 2879.00

Both charts are ETH and Floor Trader Pivots and Daily Bars.

I reloaded all historical data on both charts but the discrepancy did not go away.

Today from yesterday's (Mon) data the charts are in agreement . . .

Thank you again for your great indys . . .


Pretty easy to fix.

Your 1-minute chart displays the pivots correctly. Your 20-second chart does not.

In fact the 20-second chart calculates Monday's pivots from Thursday's data.

This points to a large data gap on your 20-second chart for Friday.

Please reload all historical data for your 20-second chart, and the issue should be fixed.

Not related to the indicator.

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  #177 (permalink)
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@Fat Tails

Thank you Sir, great indicator....

Regarding Alerts, I can see them printed in my Alert Log, however i don't hear the sound (.wav File).
I have my sound files at C:\Program Files (x86)\NinjaTrader 8\sounds. I typed the name of the .wav file and i also tried the putting then name inside " .wav" still doesn't seem to work either.

Is anyone having issues or is it just me..

Thank you,
Sudhir

I have a few sound files if any one is interested...

Attached Thumbnails
Better Volume Indicator with Sound Alerts-sound-files.jpg  
Attached Files
Register to download File Type: zip Sounds.zip (470.6 KB, 8 views)
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  #178 (permalink)
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sudhirc View Post
@Fat Tails

Thank you Sir, great indicator....

Regarding Alerts, I can see them printed in my Alert Log, however i don't hear the sound (.wav File).
I have my sound files at C:\Program Files (x86)\NinjaTrader 8\sounds. I typed the name of the .wav file and i also tried the putting then name inside " .wav" still doesn't seem to work either.

Is anyone having issues or is it just me..

Thank you,
Sudhir

I have a few sound files if any one is interested...


Sudhir,


Thank you for your feedback.

The sound files did not fire because I had forgotten to initialize the path pointing to the sounds directory of NinjaTrader 8.

I have now updated the indicator, and the sound alerts should work as intended.


https://futures.io/local_links.php?action=ratelink&catid=27&linkid=1989

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  #179 (permalink)
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Alert / Market Analyzer.

Hello, @Fat Tails

I have this indicator on all my minute charts (5/15/60) and three markets (ES, CL & GC) and i'm most interested in getting alerts when i get a churn bar and a climatic bar on any of these charts. In all, i have 9 charts. Basically i have three tabs for each market and what i noticed is that the tab that is on top i get the signals without any issues, but the tabs that are on back ground i don't seem to be getting the alerts in real time..

i.e suppose if 5 min tab is the viewing it has no problem in issuing a signal in real time (which i see in my Alert Log screen), but if won't issue the alert signal in real time on 15 & 60 min and it seem to trigger the alert only when i move over to that tab at a later time i.e. a churn bar could have formed say at 9:45 but since the tab is in the background it wont alert in real time, only when i clicked that tab and bring it to my viewing screen at 9:55, it will alert with a churn signal.

i think this is an NT8 Issue, do any one notice the same issues?

Any one using Alerts in Market Analyzer? if so, can you guys help me with real time alerts.


Thank you,
Sudhir.


Last edited by sudhirc; January 9th, 2019 at 01:26 PM.
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  #180 (permalink)
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sudhirc View Post
Hello, @Fat Tails

I have this indicator on all my minute charts (5/15/60) and three markets (ES, CL & GC) and i'm most interested in getting alerts when i get a churn bar and a climatic bar on any of these charts. In all, i have 9 charts. Basically i have three tabs for each market and what i noticed is that the tab that is on top i get the signals without any issues, but the tabs that are on back ground i don't seem to be getting the alerts in real time..

i.e suppose if 5 min tab is the viewing it has no problem in issuing a signal in real time (which i see in my Alert Log screen), but if won't issue the alert signal in real time on 15 & 60 min and it seem to trigger the alert only when i move over to that tab at a later time i.e. a churn bar could have formed say at 9:45 but since the tab is in the background it wont alert in real time, only when i clicked that tab and bring it to my viewing screen at 9:55, it will alert with a churn signal.

i think this is an NT8 Issue, do any one notice the same issues?

Any one using Alerts in Market Analyzer? if so, can you guys help me with real time alerts.


Thank you,
Sudhir.


Hi Sudhir,


Thank you for coming up with this question.


To fix this issue please edit the indicator and change line 193 to
 
Code
IsSuspendenWhileInactive = false;

then compile via F5.

The setting "IsSuspendenWhileInactive = true" is a default setting for all indicators that ship with NinjaTrader 8, because it reduces CPU load when inactive charts are not being recalculated for every incoming tick. Obviously, when using indicators with sound alerts, you also want to have them calculated for inactive charts.

I have already changed all of my indicators with sound alerts to work with inactive charts, but not had the time yet to do all the required updates in the download section and indicator library.

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