Christopher Heathman
Please read Trader Manual to understand how this indicator works.
This indicator beautifully plots the volume delta of each bar, which is the difference between the total buy volume & the total sell volume of a bar. This is a SUPER IMPORTANT indicator used in order flow analysis by successful trading professionals, and it can be a great fit for any trading system.
More wonderfully, ninZa.co's Volume Delta indicator for NinjaTrader 8 allows you to filter volumes by specifying a preferred range of volume sizes, so that you can track the footprints and know the behaviors of a special group of traders. Here are some sample volume filters that you can set up:
- Volumes from 1 to 5: Retail traders
- Volumes from 6 to 19: Big professional traders
- Volumes from 20 to 999999: Banks & hedge funds
The indicator lets you define 4 thresholds for strong & moderate volume delta. For example, you can set them as:
- Strong positive delta: 150
- Moderate positive delta: 50
- Moderate negative delta: -50
- Strong negative delta: -150
Then the indicator will print markers and trigger alerts to notify you of important shifts in volume delta – an essential signal for those relying on trading volume analysis.
If you'd like to explore further, we have a wide range of NinjaTrader 8 indicators that may be a good fit for your trading approach.
Dedicated NinjaScript Signals
- Signal_State: 3 = strong positive, 2 = moderate positive, 1 = weak positive, 0 = neutral, -1 = weak negative, -2 = moderate negative, -3 = strong negative
Key Features
- Display volume delta of each bar as an elastic ribbon at chart bottom (automatically adjusts to fit your bar spacing)
- Offer 3 modes of volume base for selection: BidAskPrice_RealVolume, UpDownTick_RealVolume, UpDownTick_UnitVolume
- Function on both historical & real-time data in BidAskPrice_RealVolume mode (you need to enable Tick Replay for the indicator to function on historical data) NT8 only
- Function on both historical & real-time data in UpDownTick_RealVolume or UpDownTick_UnitVolume mode
- Function for instruments without real volumes - using UpDownTick_UnitVolume mode
- Let you define your favorite thresholds of strong positive/negative delta & moderate positive/negative delta
- Let you define your own filter of minimum volume & maximum volume
- Colorize volume delta numbers separately for strong positive delta, weak positive delta, neutral delta, weak negative delta, strong negative delta
- Optionally hide delta numbers to save space (volume delta strength is recognized via color)
- Print markers on strong positive/negative delta
- Print markers on moderate positive/negative delta
- Trigger alerts on strong positive/negative delta
- Trigger alerts on moderate positive/negative delta
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript signals
Product Media
Watch the indicator in action. Step-by-step guides, live trading, and feature overviews.
Software Changelog
- 28 Jan 2026:An error related to "Volume Filter" was fixed.
- 24 Dec 2025:The "No Tick Replay" technology was applied.
- 30 Oct 2022:Volume filter was added; alerts on important shifts in volume delta were added.
Policies
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Every purchase includes a perpetual software license, granting you the right to use the software indefinitely on the number of computers permitted by your license.
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Every purchase includes guided installation assistance.
Purchases with Premium Services also include white-glove software setup and onboarding, along with personalized trading setup and workflow optimization.
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For products with a modular structure, this coverage applies to the core product, while optional expansion modules may be offered separately.
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Purchases with Premium Services include up to 6 sessions within 60 days of purchase, with priority scheduling and longer session durations.
Product exchange
Customers may request up to 3 product exchanges within 30 days of purchase, at little or no additional cost when exchanging for a comparable product.
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Due to the ease with which software products can be stored and copied, no returns will be accepted and no refunds will be issued.
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