Creating a average volume alert using the Volumeupdown indicator

[The_Sec]

Is there a way to create a alert that will fire a average volume. So i will know if the volume is to low over X number of bars? So it would fire if the last 5 bars volume average is below 4000 per bar....as a example. Is this possible with the Volumeupdown indicator and the standard chart alert wizard. Or do i have to do something custom?

[NinjaTrader_Gaby]

Hello The_Sec,

Thank you for your post.

If want to calculate the average of the last 5 bars VolumeUpDown values, you would need to create a custom indicator as this wouldn't be possible to do this calculation with a simple Alert.

You could create an indicator that stores the value of the volume of the last five bars to a variable and then dividing that by 5 to get the average. Then, use Alert() to trigger a visual/audible alert to the Alerts log.

https://ninjatrader.com/support/helpguides/nt8/alert.htm

Please let us know if you have any further questions.