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:59,505 / 162
Created: by Fat Tails Attachments:24

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 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

Reply
 24  
 
Thread Tools Search this Thread
 

Better Volume Indicator with Sound Alerts

  #61 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary


Ashtreegambler View Post
That would be much appreciated.

Many thanks.

@Ashtreegambler:

Here is a modified version. I have not yet tested it with all bar types. I would appreciate, if you did the testing and then give some feedback. Thank you.

Once it is cleared, I will put into the download section.

Attached Files
Register to download File Type: zip BetterVolumeEnhanced.zip (9.9 KB, 422 views)
Reply With Quote
The following 9 users say Thank You to Fat Tails for this post:
 
  #62 (permalink)
Elite Member
Chester, Cheshire
 
Futures Experience: Beginner
Platform: Ninjatrader
Broker/Data: Dorman, CQG
Favorite Futures: Futures
 
Posts: 17 since Nov 2011
Thanks: 978 given, 7 received

Thanks for the speedy response, will let you know the results

Reply With Quote
 
  #63 (permalink)
Elite Member
Chester, Cheshire
 
Futures Experience: Beginner
Platform: Ninjatrader
Broker/Data: Dorman, CQG
Favorite Futures: Futures
 
Posts: 17 since Nov 2011
Thanks: 978 given, 7 received


Fat Tails, apologies for not responding earlier, I've been out of action but now back in the saddle.

I've tried importing your latest version of the bettervolume indicator but get the error message "Import failed. The Ninjascript Archive File may contain duplicate method names that already exist on your PC or there is a required file missing on either your PC or in the import archive.

Any ideas ?

Thanks.

Reply With Quote
 
  #64 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary


Ashtreegambler View Post
Fat Tails, apologies for not responding earlier, I've been out of action but now back in the saddle.

I've tried importing your latest version of the bettervolume indicator but get the error message "Import failed. The Ninjascript Archive File may contain duplicate method names that already exist on your PC or there is a required file missing on either your PC or in the import archive.

Any ideas ?

Thanks.

I think it is not linked to the indicator file, as the install file does come with the required files added.

Maybe there is a problem with your NinjaTrader installation. Could you please open Tools -> Edit NinjaScript -> Indicator, then select any of your indicators, open it and then compile it via F5. Do you get any error messages?

You can also check your log and trace files for further information.

Reply With Quote
The following 2 users say Thank You to Fat Tails for this post:
 
  #65 (permalink)
Elite Member
Chester, Cheshire
 
Futures Experience: Beginner
Platform: Ninjatrader
Broker/Data: Dorman, CQG
Favorite Futures: Futures
 
Posts: 17 since Nov 2011
Thanks: 978 given, 7 received

Yep, I get the error message "Error on generating indicator", any advice for a luddard like me ?

Reply With Quote
 
  #66 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received

I just want to state that the indicator is working nicely....I installed it without any problems in NT7.

Thanks a lot FatTails !


@Ashtreegambler: Please take a look at the bottom of the window, there should be another line stating the reason why the compilation failed.


Last edited by Daytrader999; April 12th, 2012 at 05:56 PM.
Reply With Quote
The following user says Thank You to Daytrader999 for this post:
 
  #67 (permalink)
Elite Member
Chester, Cheshire
 
Futures Experience: Beginner
Platform: Ninjatrader
Broker/Data: Dorman, CQG
Favorite Futures: Futures
 
Posts: 17 since Nov 2011
Thanks: 978 given, 7 received

Thanks Daytrader999 the error message pointed to a 3rd party indicator that I've now deleted and now all is well, I'll start working on this version.

Reply With Quote
The following user says Thank You to Ashtreegambler for this post:
 
  #68 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received

You're welcome !

Reply With Quote
 
  #69 (permalink)
Elite Member
London, UK
 
Futures Experience: Beginner
Platform: NinjaTrader, IB TWS
Broker/Data: IB, Kinetic
Favorite Futures: Stocks, Forex
 
Posts: 97 since Nov 2011
Thanks: 47 given, 16 received

Hello Fat Tails,

Would you be kind enough please to give a brief description of the meaning of the following in your code:

weak climax churn bar
weak climax bar
weak churn bar
upclose other
downclose other


There does not seem to be an explanation for them anywhere in the thread.

Many thanks
Dan

Reply With Quote
 
  #70 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary



danjuma View Post
Hello Fat Tails,

Would you be kind enough please to give a brief description of the meaning of the following in your code:

weak climax churn bar
weak climax bar
weak churn bar
upclose other
downclose other


There does not seem to be an explanation for them anywhere in the thread.

Many thanks
Dan

The original concept of BetterVolume goes back to Emini Trading & How to Day Trade | Emini-Watch.com

http://emini-watch.com/uploads/Media/Better_Volume_Indicator.pdf

Here is a simplified definition:

Climax bar: Wide ranging high volume bar. If N is the lookback period, then the product range x volume should be larger than for the last N-1 bars.
Churn bar: Narrow range high volume bar. If N is the lookback period, then the ratio volume/range should be larger than for the last N-1 bars. As the ratio alone does not define a high volume bar, it is also required that the volume of a churn bar be above average.
Climax churn bar: A bar which is both a climax and a churn bar.

Weak climax bars are basically the same as strong climax bars, but the period N is smaller. For a strong climax bar, the default value for the lookback period is N = 20, for a weak climax bar it is only N = 10. The larger the lookback period is chosen, the more important is the climax or churn bar.

Low volume bars: If N is the weak lookback period, then the volume of the low volume bar should be lower than the volume of the preceding N-1 bars.

Other bars: Upclose and downclose bars that neither qualify as climax, churn nor volume bars.

Reply With Quote
The following 7 users say Thank You to Fat Tails for this post:

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

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 02:50 PM
line breaking indicator with sound wanted ronan2505 NinjaTrader 6 June 5th, 2013 01:12 PM
? Audible alerts on Better Volume and VOLbased color kbandtheriptides NinjaTrader Programming 2 October 4th, 2010 07:03 PM
NinjaTrader indicator SuperTrend + audio alerts ojwright NinjaTrader 6 July 29th, 2010 02:54 AM
Adding sound files to indicator desander NinjaTrader Programming 2 November 16th, 2009 01:17 PM


All times are GMT -4. The time now is 08:19 AM.

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 2017-12-15 in 0.09 seconds with 19 queries on phoenix via your IP 54.234.247.118