ask/bid volume difference bars

[Amedhs]

Good Afternoon to All,

I need to know how to include this indicator in NT8, or how to custom build it myself for this platform. Thks

Ask/Bid Volume Difference Bars

This study displays candlestick bars which represent the difference between Ask Volume and Bid Volume for each of the main price bars in the chart. The High of a candlestick bar indicates the maximum difference between Ask Volume and Bid Volume that occurred during the formation of the main price graph bar. The Low of a candlestick bar indicates the minimum difference between the Ask Volume and Bid Volume during the formation of the main price graph bar.

[NinjaTrader_AlanP]

Hello Amedhs,

Thank you for your note.

How do you define ask volume and bid volume?

I look forward to your reply.

[NinjaTrader_AlanP]

Hello Amedhs,

I received your PM. Going forward we typically prefer to handle communication via the forum or email.

To do this you would need to pull into the indicator/strategy a tick series and a bid and ask series.

The following would be an example of the syntax for the tick series,

AddDataSeries(BarsPeriodType.Tick, 1);

The following would be the syntax you would need to use to pull in the Bid and Ask Series,

AddDataSeries(string instrumentName, BarsPeriodType periodType, int period, MarketDataType marketDataType)

I suggest reading about both at the following section of our helpguide,

https://ninjatrader.com/support/helpGuides/nt8/en-us/?adddataseries.htm

You should see the following link on using historical bid/ask series,

https://ninjatrader.com/support/helpGuides/nt8/en-us/?using_historical_bid_ask_serie.htm

Then you would need to write the logic to compare whether the tick occurred at the bid/ask series. I would suggest looking at the VolumeProfile indicator preloaded with Ninjatrader for an example of how you might set this up.

Please let us know if you need further assistance.