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Trade Station to NT indicator translator

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    Trade Station to NT indicator translator

    This is the better volume indicator for trade station. Does anyone have this translated for Ninja or would like to take a shot? I found it to be a pretty good tool..but I don't use Trade Station. There is also an attachment.

    Inputs: Color(Cyan), LowColor(Yellow), ClimaxColor(Red), ChurnColor(Green), ClimaxChurnColor(Magenta), LowChurnColor(White), AvgColor(Red);
    Variables: BarColor(Cyan);

    BarColor = Color;

    Value1 = V;
    Value2 = V*Range;
    If Range <> 0 then Value3 = V/Range;
    Value4 = Average(Value1,100);

    If Value1 = Lowest(Value1,20) then BarColor = LowColor;
    If Value2 = Highest(Value2,20) then BarColor = ClimaxColor;
    If Value3 = Highest(Value3,20) then BarColor = ChurnColor;
    If Value2 = Highest(Value2,20) and Value3 = Highest(Value3,20) then BarColor = ClimaxChurnColor;
    If Value3 = Lowest(Value3,20) then BarColor = LowChurnColor;

    Plot1(Value1,"Volume",BarColor);
    Plot2(Value4,"Avg",AvgColor);


    I'm not sure if this additional information is in the code above:

    "
    TradeStation EasyLanguage code for the Better Volume indicator is shown above. The typical volume histogram can be improved by coloring bars based on 5 criteria:
    • Climax volume - high volume and high range
    • High volume churn - high volume but low range
    • Climax volume plus High volume churn - both the above conditions (rare)
    • Low volume churn - low volume and high range
    • Low volume - just low volume but not a low volume churn bar"
    Attached Files

    #2
    RE: Better Volume Indicator is located

    The Better Volume Indicator is located under Indicators elsewhere on this forum.

    Originally posted by TD-Trader747 View Post
    This is the better volume indicator for trade station. Does anyone have this translated for Ninja or would like to take a shot? I found it to be a pretty good tool..but I don't use Trade Station. There is also an attachment.

    Inputs: Color(Cyan), LowColor(Yellow), ClimaxColor(Red), ChurnColor(Green), ClimaxChurnColor(Magenta), LowChurnColor(White), AvgColor(Red);
    Variables: BarColor(Cyan);

    BarColor = Color;

    Value1 = V;
    Value2 = V*Range;
    If Range <> 0 then Value3 = V/Range;
    Value4 = Average(Value1,100);

    If Value1 = Lowest(Value1,20) then BarColor = LowColor;
    If Value2 = Highest(Value2,20) then BarColor = ClimaxColor;
    If Value3 = Highest(Value3,20) then BarColor = ChurnColor;
    If Value2 = Highest(Value2,20) and Value3 = Highest(Value3,20) then BarColor = ClimaxChurnColor;
    If Value3 = Lowest(Value3,20) then BarColor = LowChurnColor;

    Plot1(Value1,"Volume",BarColor);
    Plot2(Value4,"Avg",AvgColor);


    I'm not sure if this additional information is in the code above:

    "
    TradeStation EasyLanguage code for the Better Volume indicator is shown above. The typical volume histogram can be improved by coloring bars based on 5 criteria:
    • Climax volume - high volume and high range
    • High volume churn - high volume but low range
    • Climax volume plus High volume churn - both the above conditions (rare)
    • Low volume churn - low volume and high range
    • Low volume - just low volume but not a low volume churn bar"

    Comment


      #3
      Welcome to our forum TD-Trader747!

      Please use this link to find variations of the Better Volume indicator in NinjaScript - http://www.ninjatrader-support2.com/...+volume&desc=1

      Comment

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