NexusFi: Find Your Edge


Home Menu

 





standard deviation of volume


Discussion in Platforms and Indicators

Updated
      Top Posters
    1. looks_one Fat Tails with 2 posts (5 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 daytrader07 with 1 posts (0 thanks)
    4. looks_4 walt03 with 1 posts (0 thanks)
    1. trending_up 3,326 views
    2. thumb_up 5 thanks given
    3. group 4 followers
    1. forum 5 posts
    2. attach_file 1 attachments




 
Search this Thread

standard deviation of volume

  #1 (permalink)
 
daytrader07's Avatar
 daytrader07 
calgary canada
 
Experience: Advanced
Platform: ninja trader
Trading: CL, GC, ES
Posts: 21 since Oct 2012
Thanks Given: 34
Thanks Received: 16

Does anybody know of an indicator for ninja trader that allows you to plot standard deviation bands over top of volume?

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
About a successful futures trader who didn´t know anyth …
Psychology and Money Management
Trade idea based off three indicators.
Traders Hideout
How to apply profiles
Traders Hideout
What broker to use for trading palladium futures
Commodities
 
  #3 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,103


Select VOL as input series for the anaBollingerUniversal indicator and overlay it on the volume panel. See chart attached.


Reply With Quote
  #4 (permalink)
walt03
Nashville TN/US
 
Posts: 1 since Mar 2014
Thanks Given: 0
Thanks Received: 0

The default has 2 std deviations and 20 periods. Is this the preferred setting?
Or something like 1.5 dev and 8 periods better?
I'm a newbie and may be asking dumb questions.
Walt

Reply With Quote
  #5 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,103


walt03 View Post
The default has 2 std deviations and 20 periods. Is this the preferred setting?
Or something like 1.5 dev and 8 periods better?
I'm a newbie and may be asking dumb questions.
Walt

It is up to you. With volume I would rather use a shorter period and a smaller multiplier. You have to try and find out which settings fit best your trading setups.

Reply With Quote
Thanked by:
  #6 (permalink)
 
sands's Avatar
 sands 
London + UK
 
Experience: Advanced
Platform: Proprietary Analytics
Broker: Multiple broker + Multiple feed
Trading: Currently European and US equities
Posts: 443 since Dec 2013
Thanks Given: 257
Thanks Received: 234


walt03 View Post
The default has 2 std deviations and 20 periods. Is this the preferred setting?
Or something like 1.5 dev and 8 periods better?
I'm a newbie and may be asking dumb questions.
Walt

As stated its subjective to your setups and the market conditions, look around you'll see most recommendations will be between 1-3 sd's. Good luck!

Sands.

Reply With Quote




Last Updated on May 14, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts