Defining support & resistance zones using order flow volume profile in my strategy

[burtoninlondon]

Hi,

Is it possible to automatically define support & resistance zones using the order flow volume profite indicator in a NinjaScript strategy? I was wondering if there was a way to identify peaks in volume on the volume profile and use these to define key levels.

If so, do you have any examples you can share with me?

Thanks,

Neil

[NinjaTrader_BrandonH]

Hello Neil,

Thanks for your post.

No, the Order Flow Volume Profile indicator is not accessible in a NinjaScript strategy so you would not be able to get values from that indicator.

We are tracking interest in an internal feature request ticket for accessing the Order Flow Volume Profile indicator in NinjaScript and I have added your vote. This request is being tracked under the number SFT-3402.

As with all feature requests, interest is tracked before implementation is considered, so we cannot offer an ETA or promise of fulfillment. If implemented, it will be noted on the Release Notes page of the Help Guide.

Release Notes — https://ninjatrader.com/support/help...ease_notes.htm

[burtoninlondon]

Thanks for the response NinjaTrader_BrandonH

[Trader17]

Hi,

Is it possible to automatically define support & resistance zones using the order flow volume profite indicator in a NinjaScript strategy? I was wondering if there was a way to identify peaks in volume on the volume profile and use these to define key levels.

If so, do you have any examples you can share with me?

Thanks,

Neil

You can create a volumetric bar of a larger time frame and then run a loop through it that will return values at each level sort of like a profile.