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VoluCandlez

$99 $79

  • License

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Description

triplewinz
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TripleWinz BRONZE10%You are here at the start.
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Platform

Availability for:

  • NinjaTrader 7 platform: NOT PLANNED
  • NinjaTrader 8 platform: AVAILABLE NOW

Overview

Volumes provide significant information to trading, but having a separate panel for the volume indicator may be very space-consuming. Why not directly integrating volumes into candle colors? That’s exactly what VoluCandlez does.

The intensity of a candle color is proportional to its volume, which is a smart & convenient way to embed volumes into candlestick charts. For example:

  • A bullish candle with a high volume is MORE BLUE than one with a lower volume.
  • A bearish candle with a high volume is MORE RED than one with a lower volume.

Our gradient colorizing technique paints candles based on their volume ratios. Here how we calculate: the volume ratio of a bar is the ratio of the bar’s volume to its volume average value (the indicator allows you to configure a moving average of volumes).

VoluCandlez also marks high volumes. For example, if you set the high volume threshold at 1000, then any volumes of 1000 or higher will be printed as numbers or marked with square markers.

Key features:

  • Allow configuring & smoothing a moving average of volume (with 10 MA types) for calculating volume ratios
  • Allow setting minimum volume & high volume thresholds
  • Allow defining bar bias mode (to judge if a bar is bullish, bearish, neutral): bar body or bar spread
  • Paint candles in gradient colors based on the magnitudes of volume ratios
  • Allow specifying strong & weak volume ratios for gradient colorizing
  • Allow picking input colors for gradient colorizing
  • Mark high volumes in 2 ways: number or square marker
  • Be NinjaScipt ready for advanced usage, only restricted by your imagination

Compatibility:

  • Instruments: CFDs, forex, futures, indices, options, stocks
  • Interval types: timebased or non-timebased, standard or custom
  • Chart styles: whatever

Usability:

  • Ready to use out of the box
  • Fully configurable & customizable with ease

Media

Installation

Please read Installation Guide for details.

Support

FREE support for life! Feel free to ask us anything, anytime.
In NinjaTrader 8 platform, you even have access to our PRIORITY SUPPORT directly from chart.
Please read Customer Service for details.

Upgrade

All upgrades for NinjaTrader 7 and NinjaTrader 8 are FREE to request.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Please read Upgrade Policy for details.

Terms

ALL SALES ARE FINAL & NON-REFUNDABLE!
Upon purchasing this indicator, you agree to be bound by Terms of Service.

Various types of indicators, all under one roof.
Please check out all of our NinjaTrader 8 indicators.

■ Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

■ Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

■ NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.