Pressure Volume

[kiwi8371]

Looking to see if anyone has converted, or has interest in converting this Indicator from Think or Swim to NinjaTrader 8.

Indicator Name: "Pressure Volume".

What it does: Creates a Volume Indicator (Realtime) that has the bar's color changing as the percentage of buyer/sellers change - red & green. Also has a box (upper left) with Av Daily Volume vs todays volume - also changes color.

How I'd use it: Could eliminate other volume indicators. Should help pinpoint strong entry points, e.g. high volume coming in with the majority of the bar green = high volume, majority buyers. Should help with catching direction changes.

Maybe there's something similar already for NT but I couldn't see anything that was as easy on the eyes as this one
Tx _Bruce

[NinjaTrader_PaulH]

Hello kiwi8371,

Thanks for your post.

In the NinjaTrader8 Platform there are indicators called:

Buy Sell Volume
Buy Sell Pressure

That may be of interest.

In addition, there are some in the NTuserApps section of the NinjaTrader Ecosystem that you may want to download and test. These are free and publicly available on that site. Here is a link to the NT8 indicators section: https://ninjatraderecosystem.com/use...r-8-indicators Please note: The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.

If you don't find what you need your alternatives are to convert this yourself to Ninjascript (based on C# programming language) or hire a 3rd party programmer in the NinjaTrader Ecosystem and we can provide a link to such programmers.