Measuring trade intensity with the free Pace of Tape indicator

[balltrader]

 
Calculate    = Calculate.OnEachTick;

protected override void OnBarUpdate()
        {
            int pace = 0;
            int i = 0;
            while(i < CurrentBar)
            {
                TimeSpan ts = Time[0] - Time[i];
                if (ts.TotalSeconds < period)
                    pace += Bars.BarsPeriod.Value;                    

                else     break;   ++i;    
            }

on every tick, when OBU is called, you loop thru all historical bars until the current bar, and measure seconds between bars, compared to some arbitrary value you set (30)?

it must be halloween, bcuz this is very scary, lol

[BMM73]

Sorry, not your mistake. The indicator is OK but was zipped outside Ninja. It can be extracted from the zip file and manually copy and paste in Indicators folder.

But, no need for that. The attached zip file includes the same indicator and can be directly imported per Ninja import add-on process. Zip file in Post# 11 can be disregarded.

great, thanks a lot for your help!

[aligator]

PaceOfTapeNT8.cs

Hi aligator Ninja8 says it's made for an older version and fails to import your file.

Where is my mistake?

Sorry, not your mistake. The indicator is OK but was zipped outside Ninja. It can be extracted from the zip file and manually copy and paste in Indicators folder.

But, no need for that. The attached zip file includes the same indicator and can be directly imported per Ninja import add-on process. Zip file in Post# 11 can be disregarded.


A Note about the indicator:

As indicated by the original author, the indicator will only work properly in Tick charts (i.e. 100 ticks). For larger tick charts I assume one needs to increase the threshold accordingly.

Cheers!

[BMM73]

Here is my conversion of the original PaceOfTape indicator for NT 8.0. 16.1.

It is Free! (a 10 min effort)

Cheers!

Hi aligator Ninja8 says it's made for an older version and fails to import your file.

Where is my mistake?

[currencychick]

Hi, I just tried this and says still made from Ninja 7. I use this and enjoy it, hoping the version 8 one can be fixed.

[BMM73]

Here is my conversion of the original PaceOfTape indicator for NT 8.0. 16.1.

It is Free! (a 10 min effort)

Cheers!

thank you very much!

[aligator]

PaceOfTapeNT8.cs

Does something similar exist for Ninja 8 ?

Here is my conversion of the original PaceOfTape indicator for NT 8.0. 16.1.

It is Free! (a 10 min effort)

Cheers!

[DAYTRADERPROFESIONAL]

Hi BMM73

A screenshot showing you a few more things about the indicator.

[DAYTRADERPROFESIONAL]

Hi BMM73
Yes, it exists. It's not free but If you are interested only let me know. This indicator shows also sweeps, pocs, big orders...

[BMM73]

Does something similar exist for Ninja 8 ?

[cunparis]

You can find it here:

http://www.tradewiththeflow.com/2010/05/17/pace-of-tape-indicator/

[lnc.stocks]

I have created a simple indicator that measures trade intensity by measuring the number of trades in a given number of seconds. A high trade intensity often marks turning points in the market.



You can read more about it and watch a video about it here: Pace of Tape

cunparis

This indicator looks like it could be very helpful!! Did you ever post it, and if you did, would you please share where?

[NinjaTrader_Bertrand]

Was this ever posted, and if so, where?

Welcome to our forums, I don't believe so...you would need to visit the page of the author....

[lnc.stocks]

Thanks for sharing cunparis - is this posted to the sharing section already? If not we would welcome it.

Was this ever posted, and if so, where?

[cunparis]

I have't put it there because I'd like to have one place for it so that when I update it I can update it in one place.