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faling price + falling volume

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    faling price + falling volume

    Daer NinjaTrader forum hosts,

    What would be a good way of programming a conditon checking for falling price on falling volume?
    I am in the process of developing an indicator and now need to incorporate this falling price on falling volume action into it.

    which method(s) shall I use?
    how would the syntax look like?

    thank you

    #2
    Ionaz,

    I would recommend using the Falling() method.

    You can use a smoothed price and/or volume to avoid noisy price movements.

    Something like : Falling( EMA(20)) and Falling( EMA( Volume , 20 ) )
    Adam P.NinjaTrader Customer Service

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