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I am looking for an indicator that will display a horizontal line (or series of dots) on a chart to indicate the entrance of large orders which normally occur at the end of a move when institutional investors are setting up for the move in the next direction.
I use range bars on Ninja 8 with CQG feed for FDAX. I would ideally like this to display next to the range bars for simplicity.
Does anyone have any suggestions for an indicator that can do this, or be modified to do this please? I believe MZpack does some of this, but wondered if anyone on the forum was looking to do the same as me or has any further suggestions please?
Thanks
Can you help answer these questions from other members on NexusFi?
im not aware of that type of indicator..However, the volume ladder does the job if you are just looking for the volume..Some use a 1minute chart just to observe volume spikes.
