Better Volume Indicator with Sound Alerts - NinjaTrader | futures io social day trading
futures io futures trading


Better Volume Indicator with Sound Alerts
Updated: Views / Replies:69,662 / 209
Created: by Fat Tails Attachments:40

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 100,000 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 Ė 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 donít 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

 
 40  
 
Thread Tools
 

Better Volume Indicator with Sound Alerts

 
Elite Member
New York, NY
 
Trading Experience: Intermediate
Platform: NinjaTrader8
Broker/Data: Data = Rithmic -- Gives 70 Level II Data
Favorite Futures: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
 
Posts: 1,014 since May 2011
Thanks: 1,453 given, 692 received

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!

 
 
Elite Member
Berlin, Europe
 
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,765 since Mar 2010
Thanks: 4,233 given, 26,142 received
Forum Reputation: Legendary


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.

The following user says Thank You to Fat Tails for this post:
 
 
Elite Member
prague, czech republic
 
Trading Experience: Advanced
Platform: NinjaTrader
Favorite Futures: NQ
 
Posts: 125 since May 2012
Thanks: 40 given, 49 received



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

 
 
Elite Member
Berlin, Europe
 
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,765 since Mar 2010
Thanks: 4,233 given, 26,142 received
Forum Reputation: Legendary


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

The following 2 users say Thank You to Fat Tails for this post:
 
 
Elite Member
Abiquiu NM
 
Trading Experience: Intermediate
Platform: NT
Broker/Data: NT / Dorman
Favorite Futures: ES, CL, GC, NQ, RTY, Currency Futures
 
Posts: 90 since Mar 2010
Thanks: 4,089 given, 59 received

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  
 
 
Elite Member
Berlin, Europe
 
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,765 since Mar 2010
Thanks: 4,233 given, 26,142 received
Forum Reputation: Legendary


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.

The following user says Thank You to Fat Tails for this post:
 
 
Elite Member
detroit,mi
 
Trading Experience: Beginner
Platform: NT
Favorite Futures: NQ
 
sudhirc's Avatar
 
Posts: 356 since Sep 2011
Thanks: 1,630 given, 400 received

@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, 18 views)
The following user says Thank You to sudhirc for this post:
 
 
Elite Member
Berlin, Europe
 
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,765 since Mar 2010
Thanks: 4,233 given, 26,142 received
Forum Reputation: Legendary


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

The following 3 users say Thank You to Fat Tails for this post:
 
 
Elite Member
detroit,mi
 
Trading Experience: Beginner
Platform: NT
Favorite Futures: NQ
 
sudhirc's Avatar
 
Posts: 356 since Sep 2011
Thanks: 1,630 given, 400 received

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 12:26 PM.
 
 
Elite Member
Berlin, Europe
 
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,765 since Mar 2010
Thanks: 4,233 given, 26,142 received
Forum Reputation: Legendary



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.

The following 3 users say Thank You to Fat Tails for this post:

 



futures io > > > > Better Volume Indicator with Sound Alerts
Thread Tools



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

Order Flow Patterns and Set-ups w/Anthony Drager @ Verbal Journal

Apr 18
 

Donít Let One Bad Trade Wipe Out Your Entire Account w/GFF Brokers

Apr 23
 

New CME Micro Indices: New Trading Opportunities w/FuturesTrader71

Elite only
 

Benefits of Trading the Micro E-Minis w/Stage 5 & CME Group

Apr 30
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Indicator that alerts me when candle is 10 pts or bigger wallsteetking NinjaTrader Programming 6 February 26th, 2015 01:50 PM
line breaking indicator with sound wanted ronan2505 NinjaTrader 6 June 5th, 2013 12:12 PM
? Audible alerts on Better Volume and VOLbased color kbandtheriptides NinjaTrader Programming 2 October 4th, 2010 06:03 PM
NinjaTrader indicator SuperTrend + audio alerts ojwright NinjaTrader 6 July 29th, 2010 01:54 AM
Adding sound files to indicator desander NinjaTrader Programming 2 November 16th, 2009 12:17 PM


Tags
5m_chart, accumulation, ai, alerts, amp, average, better volume, breakout, buy, chat, code, coding, comparison, confluence, data, day session, day trading, delta, distribution, divergence, dow, e-mini, elite, emini, emini trading system, error, es, est, eth, fat tails, feedback, futures, gomrecorder, how to, indicator, indicators, information, intraday, ladder, limit, list, lookback, margin, momentum, ninja, ninjatrader, ninjatrader 7, ninjatrader 8, options, platform, precision, price action, programming, properties, range bars, range chart, range charts, research, resistance, reverse, reward, reward-to-risk, rollover, sample, search, short, signals, size, sound alert, spread, standard deviation, stocks, strategy, support, text to speech, tick, tick charts, time frames, top, traded, trading, trading system, trend, volume, volume bars, volume spread analysis, vsa, vwap, warning

All times are GMT -4. The time now is 07:51 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, 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 2019-04-19 in 0.16 seconds with 14 queries on phoenix