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PriceActionSwing discussion

  #1911 (permalink)
 Miesto 
Monte Carlo, Monaco
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
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DonStar View Post
As price rises the green oscillator rises.

The oscillator turns red after a wide down bar.

Price falls, then begins to rise. As price rises we get the horizontal green bar across the vertical red bar.

This seems like buying volume coming in on the red bearish oscillator.

Thoughts?

The horizontal green bar across the vertical red bar on the oscillator is the volume of a possible start of a new swing up. But because the swing up is not completed (not 7 bars finished yet) it's still possible that price will come down again and then the swing down will continue. As soon as the threshold for the swing (in your case 7 bars) is exceeded the swing up is completed and the oscillator will turn to green from the first horizontal green bar that was printed across the vertical red bar. So the green bar is the cumulative volume of the swing up in the making.

I am not sure but I think when you set "Calculate on each tick" it's updated in real time and there will be no overlap of red and green bars visible.

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  #1912 (permalink)
 
DonStar's Avatar
 DonStar 
Dallas, TX
 
Experience: Intermediate
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Mich62 View Post
The horizontal green bar across the vertical red bar on the oscillator is the volume of a possible start of a new swing up. But because the swing up is not completed (not 7 bars finished yet) it's still possible that price will come down again and then the swing down will continue. As soon as the threshold for the swing (in your case 7 bars) is exceeded the swing up is completed and the oscillator will turn to green from the first horizontal green bar that was printed across the vertical red bar. So the green bar is the cumulative volume of the swing up in the making.

I am not sure but I think when you set "Calculate on each tick" it's updated in real time and there will be no overlap of red and green bars visible.

Thank you Mitch62:

So the horizontal bars act as a "heads up" that the trend could change?

Is this buying (if green) volume coming in on the down bar?

Don

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  #1913 (permalink)
 Miesto 
Monte Carlo, Monaco
Legendary Market Wizard
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
Trading: Futures
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DonStar View Post
So the horizontal bars act as a "heads up" that the trend could change?

You might say that however there is no predicting in this. The trend is possibly already changing (we don't know yet) as you can see at the last three green bars up where you wrote "price rises". If price decreases again the down swing will continue (and the green line will disappear). If price keeps rising there will be a green wave printed on the oscillator showing the (definitive) rising cumulative volume of the swing up after it is finished (after 7 bars).


DonStar View Post
Is this buying (if green) volume coming in on the down bar?

No. There is no buying or selling volume. What has been sold is also bought and vice versa. Don't mix this up with buying at the offer or bid!

This green bar is volume of a possible swing up (in the make) which is not finished yet. You want to know if this swing up is on high or low volume (to be able to compare to volume of prior swings and the range of the swings to determine if it is a pullback or maybe change in trend). If the cumulative volume of the swing would be shown after the swing is done you would not have a clue until the swing is done.

It's just the total volume per swing (up & down bars).

All volume (green and red bars) will be added (cumulative) to a total volume volume per swing. As soon as the swing up is finished (as defined after 7 bars) there will be a green wave printed.

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  #1914 (permalink)
 Tradarr 
Atlanta Ga. USA
 
Experience: Intermediate
Platform: NT8,ThinkorSwim,
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Posts: 339 since Mar 2017
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Can someone add VPA signals to the swings of PAA such as No Supply or No Demand? Or import the VPA signals into PAA, the updated VPA indicator attached, it now has value plots in Market Analyzer and Strategy Builder.

Attached Files
Elite Membership required to download: vpa_v2.zip
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  #1915 (permalink)
 Tradarr 
Atlanta Ga. USA
 
Experience: Intermediate
Platform: NT8,ThinkorSwim,
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If you're trying to create a strategy in NT8 Strategy Builder and getting a compile error there is a fix.
The video tutorial to resolve the issue from NinjatraderPaul is here: https://paul-ninjatrader.tinytake.com:443/tt/MzcyODQ0MV8xMTM0NzE0NA

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  #1916 (permalink)
 Futureskill 
Exeter, Devon, United Kingdom
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Crude CL
Posts: 6 since Oct 2019
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Can someone please let me know how to apply the sound alerts, specifically for the ABC plots.

I have the following values set in the properties of the indicator:

Alerts

Alert ABC - Box checked
Alert ABC entry - Box checked

Priority - Medium
Entry priority - High

Long sound file name - AbcLong
Long entry sound file name - AbcLongEntry
Short sound file name - AbcShort
Short entry sound file name - AbcShortEntry

NT8 sound files are located on my PC here:
C:\Program Files (x86)\NinjaTrader 8\sounds

Sound files attached.

I am not getting the sound alerts. What have I done wrong?

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  #1917 (permalink)
 jmont1 
New York, NY
 
Experience: Intermediate
Platform: NinjaTrader8
Broker: Data = Rithmic -- Gives 70 Level II Data
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,394 since May 2011
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Futureskill View Post
Can someone please let me know how to apply the sound alerts, specifically for the ABC plots.

I have the following values set in the properties of the indicator:

Alerts

Alert ABC - Box checked
Alert ABC entry - Box checked

Priority - Medium
Entry priority - High

Long sound file name - AbcLong
Long entry sound file name - AbcLongEntry
Short sound file name - AbcShort
Short entry sound file name - AbcShortEntry

NT8 sound files are located on my PC here:
C:\Program Files (x86)\NinjaTrader 8\sounds

Sound files attached.

I am not getting the sound alerts. What have I done wrong?

@Futureskill, would recommend you provide a screen shot of your indicator settings. From your description the only thing I could suspect is that you are need to include the ".wav" file suffix in the name the way it is in the samples.

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  #1918 (permalink)
 Futureskill 
Exeter, Devon, United Kingdom
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Crude CL
Posts: 6 since Oct 2019
Thanks Given: 2
Thanks Received: 1

Thanks for your input jmont1.

I have tried to include the ".wav" file suffix in the name but still no success.

Attached screenshot of the indicator properties.
Properties

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  #1919 (permalink)
 jmont1 
New York, NY
 
Experience: Intermediate
Platform: NinjaTrader8
Broker: Data = Rithmic -- Gives 70 Level II Data
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,394 since May 2011
Thanks Given: 1,719
Thanks Received: 1,019


Futureskill View Post
Thanks for your input jmont1.

I have tried to include the ".wav" file suffix in the name but still no success.

I haven't time to test it but you see mine have the suffix in the actual box like 6, 7, 8...


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  #1920 (permalink)
 Futureskill 
Exeter, Devon, United Kingdom
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Crude CL
Posts: 6 since Oct 2019
Thanks Given: 2
Thanks Received: 1


By simply adding .wav has resolved the sound issue. Cheers for that quick fix.

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