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VoluCandlez

100%
by H.S.

For ninZa.co, the customer is always right.

When it comes to trading, ninZa.co has got all you need to be successful as a trader. The customer service and support are top-notch.

With this purchase, you'll save $29, get a $100 voucher and earn back $29 in ZR Wallet
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Description

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 NinjaScript ready for advanced usage, only restricted by your imagination

Software Changelog

  • 30 Oct 2021 - Occasionally inaccurate colorization at the current bar was fixed.
  • 19 Jan 2021 - Massive changes, fixes and improvements were made (DPI, display name, Z order).
  • 29 Jun 2020 - "Too many brushes" error was fixed.
  • 08 Jan 2020 - Gradient switch was fixed.
  • 23 Dec 2019 - The indicator was released (built new).
Review
  1. product_image VoluCandlez $$
    5 5

    100%

    When it comes to trading, ninZa.co has got all you need to be successful as a trader. The customer service and support are top-notch.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

Benefits

  • For just a one-time payment, you will get:

  • PREMIUM product with meticulous dev & design

  • LIFETIME license, without any hidden fees

  • FREE exchange within 15 days

  • FREE world-class support, for life

  • FREE upgrade for NinjaTrader 8, for life

  • FREE access to our self-served licensing system

  • FREE remote assistance if you cannot install yourself


  • Why ninZa.co ???

  • Integrity & reliability

  • 30,000+ users worldwide

  • 150+ indicators & packages

  • 450+ reviews with 5 stars

  • 10 years in the business

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Why ninZa.co?

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  • 30,000+ worldwide users
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With our extensive experience, we have the industry skills and know-how to craft high-quality indicators.
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