You can read more about it and watch a video about it here: Pace of Tape
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Measuring trade intensity with the free Pace of Tape indicator
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Measuring trade intensity with the free Pace of Tape indicator
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 TapeLast edited by cunparis; 05-31-2010, 08:33 PM.Tags: None
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cunparisOriginally posted by cunparis View PostI 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
This indicator looks like it could be very helpful!! Did you ever post it, and if you did, would you please share where?
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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...1 Photo
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1 Photo
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PaceOfTapeNT8.csHere is my conversion of the original PaceOfTape indicator for NT 8.0. 16.1.Originally posted by BMM73 View PostDoes something similar exist for Ninja 8 ?
It is Free! (a 10 min effort)
Cheers!Last edited by aligator; 03-16-2024, 12:25 PM.
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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.
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PaceOfTapeNT8.csSorry, 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!
Last edited by aligator; 03-16-2024, 12:25 PM.
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