Buy Sell Pressure Colored Bars

[DaveS]

Apologies if this has been done before.
Its just a simple modification to NT's own BuySellPressure indicator. It colors the price bars in a graded way with White as equal Bid and Ask trades. The more trades at the Ask, the Bluer the price bars get, the more trades at the Bid, the Redder they get.
I don't have the C# expertise to include a 'Gomi' style data recorder, so its real time only.
I hope it might be of use to someone.

[NinjaTrader_Bertrand]

DaveS, thanks for sharing - we would appreciate if you post it also in the sharing section -

http://www.ninjatrader-support2.com/vb/forumdisplay.php?f=37

[DaveS]

Didn't think it warranted a place in file sharing but I have put it there as requested.

[NinjaTrader_JoshP]

Thanks DaveS, your efforts and generosity are much appreciated.

[kissandfly]

Great ! Good job ! On which chart do you recommend it ? tick chart ? vol chart ? other ?

[DaveS]

Great ! Good job ! On which chart do you recommend it ? tick chart ? vol chart ? other ?

It should work on any kind of chart, so long as it is real time. Just a matter of experimenting to find what you are comfortable with.

[kissandfly]

Just an idea. Maybe could be interesting to add a filter on volume, for block size, to track big players ?

[DaveS]

Just an idea. Maybe could be interesting to add a filter on volume, for block size, to track big players ?

Think I would rather see that kind of info colour coded in a time and sales window rather than on a price chart, but iv'e added a filter for you.

[kissandfly]

Great So fast ! Thanks so much. I test it and keep you inform.

[Jumper]

I don't have the C# expertise to include a 'Gomi' style data recorder, so its real time only.

Is there anyone around here that can modify this so the past bars are colored also? Gets kind of annoying when you want to change something and all the colour bars reset and it starts all over again.

Cheers

[DaveS]

Apologies to everyone.
I found a serious error in this indicator script which meant that it was displaying dark colors when bid/ask was around 50/50. Colors here should be light shades of red and blue, with white at 50/50.
The script has been corrected.

[RJBen]

If this thread isn't dead is there a way to get colored price bars signifying bid ask volume for NT7?

[DaveS]

This version should be OK with Ninja 7. Don't forget that you need to be receiving live data.

[RJBen]

Thank-you Dave S