Buy/sell volume difference indicator

Security Shinobi

Junior Member

Join Date: Oct 2012

Posts: 7
#1

Buy/sell volume difference indicator

10-19-2012, 12:06 PM

Is there an indicator that shows the absolute difference between the number of buys and sells? BuySellPressure is similar to what I'm looking for, but it's a ratio rather than an absolute. Ideally, it would be a histogram with bars that were either green or red, depending on whether more buys or sells took place in that period.

I'm sorry if this is a foolish question, but I'm still new to NinjaTrader.
Tags: None
NinjaTrader_Joydeep

NinjaTrader Customer Service

Join Date: Dec 2011

Posts: 3286
#2

10-19-2012, 12:13 PM

Hello Security Shinobi,
Welcome to the forum and I am happy to assist you.

You can use this member submitted code which plots the delta (buy - sell) volume.

NinjaTrader User App Share - NinjaTrader Ecosystem

http://ninjatrader.com/support/forum/local_links.php?action=ratelink&linkid=75&catid=-1&lpage=1

To import the indicator to NinjaTrader please refer to our help guide.

NinjaTrader Version 7

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?import.htm

JoydeepNinjaTrader Customer Service
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