This indicator is a Market Delta Oscillator. It plots Delta (Dark Gray and Silver), a fast HMA of Delta (Green and Red), a slow HMA of Delta (Cyan and Fuchsia), and the difference between the fast and slow HMA's.
The Moving Averages are colored based on whether they are rising or not. The difference is colored based on whether it is increasing or not. Market Delta is also colored based on whether it is increasing or not. You can turn off the Market Delta plot.
I have started a thread called Delta Oscillator Discussion where anyone can post comments or suggestions.
This file includes four simple TS based. "Buys" are at or above Ask price, "Sells" are at or below Bid price. XavVolumeV3 breaks total volume down into "Buys", "Sells", "Buys" above Ask, "Sells" below Bid, and Total Volume. It also lets you know if there were more buys or sells, and if volume is greater than a set value. XavVisualTapeV3 helps you see "Lot" trades, "Block" trades, and all the volume information from XavVolumeV2. "Lot" trades are continuous buys or sells that have the same time stamp. From my understanding of TS, "Lot" trades indicate big orders being filled against smaller orders, and "Block" trades indicate big orders being filled against big orders. XavFilteredTimeAndSalesV2 takes time and sales, groups trades into "Lots", and then filters them by a user defined size (Similar to how the CME used to report trades). It also alerts you when Lot trades are made, and can tell you how many price levels the trade went through. This information is plotted directly on the chart. XavDeltaVolume plots Buy/Sell Delta, and Above Ask/Below Bid Delta.
XavVolumeV3:
-A simple TS based volume indicator
-"Buy" Volume - trades at or above ask price (Plotted as positive)
- Above Ask Volume
-"Sell" Volume - trades at or below bid price (Plotted as negative)
-Below Bid Volume
- Total Volume - Buys plus Sells (Plotted as positive)
-HighVolume: Volume level that will change the color of the TotalVolume Plot if reached.
XavVisualTapeV3:
-A simple TS based indicator that looks for Buys above Ask, Sells below Bid, "Lot" trades, and "Block" trades
-BlockSize: Minimum size for Block trades.
-ChartDisplay: Displays above ask volume(black), lot buy volume(green), block buy volume(blue), block sell volume(blue), lot sell volume(red), below bid volume(black), Buy Volume, and Sell Volume around current bar(% of total volume in parentheses).
-HistoricalPlot: Keeps the ChartDisplay on all bars, not just current bar.
-LineWidth: Width of the PlotBlock and PlotLot lines
-LotSize: Minimum "Lot" trade size.
-PercentMode: Plots all values in indicator panel as a % of total volume
-PlotBlocks: Plots small horizontal lines where block trades occur.
-PlotLots: Plots small horizontal lines where lot trades occur.
-PlotOffset: Offset multiplier for ChartDisplay based on ATR(14).
-Sound Alerts: Plays selected sound file when a Lot trade, or Block trade occurs.
-BigLotSize: Minimum size for a bigger lot trade. Plots triangles where these trades occur
XavFilteredTimeAndSalesV2
-This indicator takes time and sales, groups similar trades("Lots"), and filters them.(Similar to how the CME used to report trades)
-Output is plotted directly on chart
-FilterSize: The minimum size "Lots" you want to display
-TradeRows: Number of rows to display
-LotSizes: Different levels for trade sizes that will make the trade bold, change the color, and play sound alert.
-FontSize: Font Size
-Precision: Decimal precision of price
-PriceLevels: If set to true, it will plot a "*" for each price level crossed by the trade.
-Colors and Sound Alerts are customizable
***New algorithm for grouping trades fixed the lag issue, and more accurately spots bigger trades. I changed the algorithm because I found out NT removes millisecond information from timestamps***
XavDeltaVolume
-Plots Buy/Sell Delta and AboveAsk/BelowBid Delta
***Some Lot and Block trades will be missed if you do not use time based charts(Range, Renko, Volume,... etc)***
***Set your right margin to around 250***
Please feel free to improve these indicators if there is anything you would like to add to them. I started a thread called XavPack Discussion were anyone can post comments or improvements.
Enjoy
Version Changes:
6/29/2012 - XavPackV1: Changed lot and block plots from dots and diamonds to horizontal lines.
6/30/2012 - Added color options. Added sound alerts. Added line levels.
7/1/2012 - XavPackV2: Added more options. Changed ChartDisplay features.
7/4/2012 - XavPackV2a: Added XavFilteredTimeAndSales to XavPack and a few minor code changes.
7/14/2012 - XavPackV3: XavVolumeV3- added HighVolume, added line levels, code cleaned up. XavVisualTapeV3 - Added PlotOffset, higher values on ChartDisplay are highlighted, cleaned up code, changed grouping algorithm. XavFilteredTimeAndSalesV2 - Changed algorithm, added sound alerts, added size levels, added price levels, cleaned up code, added font size. Added XavDeltaVolume to XavPack.
This Indicator rules!!! why??!! it lets you choose any indicator you want to look for Divergence with price, you just have to go to indicator window, select the indicator and go to "Imput Series" and choose any indicator you want to look for divergence.
Note: This Zip file includes the zip file for the indicator and four sound files. Please unzip twice then import the indicator zip file into NT and copy the sound files in NT Sounds folder.
This indicator plays up to 4 alerts at diffrent times of the day specified by the user. The alerts are simply reminders of whatever the user wants to hear at certain times. The default Sound files are designed for:
1. Reminder for open time,
2. Reminder not to over trade,
3. Reminder to let Market come to you, and
4. Reminder to make sure proper setups are in place.
To play the attached default audio files, they need to be installed in NT Sounds folder. To play sound files of your choice, simply edit the code and replace the audio file names with file names of your choice and recompile.
Please do not share or distribute outsides BMT Elite Circle or use for any commercial purposes.
MultiCharts has functions to draw trendlines and arrows on a chart.
But functions to draw rectangles are missing.
The enclosed package provides for 18 simple functions which allow drawing, modifying and deleting rectangles, with a syntax similar to trendlines (TL_*).
June 2nd, 2014 03:53 PM Amsterdam Whale Have dev'd reliably profitable strategies with some of your indis at their core. Rock solid, no probs to report, been us
ing live testing and live earning about a year. Seems to me that with only a licensed Ninja install, a free data brokera
ge accnt, and the tools in your package here, one could mount a campaign against an organized, ridiculously better capit
alized, well dug-in opponent whose entire battle plan is to sit and wait for you to stray into their sights.... and give
'm a bloody nose. Bitchin'. Always a fan, grateful one too.
October 14th, 2013 12:21 PM ghl123
September 26th, 2013 01:15 PM Jonson thanks to you!
June 9th, 2013 12:11 PM Bobi Thank you.
November 22nd, 2012 10:53 PM nyguy2005 Really nice work. Thanks for sharing!
October 2nd, 2015 10:24 AM ShaunG I have just starting to add the ‘Market Profile’ to my charts to get a better understanding of what the bigger picture i
n the market is! I did not want to get something to complicated to start with, so hopefully your indicator will help me
to get started. Thanking you in advance.
June 13th, 2014 09:58 PM spiderbyte87 Just wanted to personally thank you for putting this amazing piece of coding together.. EXCELLENT WORK!!!
January 31st, 2013 07:38 AM romus
August 9th, 2012 10:18 AM Ron Schnee I use dValueArea for my MP areas as it is easy on resources and does not cause crashes as some. Thanks for re posting it
June 26th, 2013 11:15 PM Amsterdam Whale You're not THAT guy from Texas, are you? Lol, being silly, sorry. Thanks for cleaning up my market analyzer and improvin
g my charts all in one clean swipe! Always immensely grateful to everyone here choosing to share. Community makes this w
hole gig possible for me and as a guy now out of the workforce (my MS finally caught up with me to lay me out with a goo
d whallop) but with a two year old and a teenager to support on my own, we're talking life-saving stuff here guys. Not m
oaning, just want people to know that small efforts almost always have an outsized positive impact we're usually not awa
re of.
May 14th, 2013 10:13 PM jmont1 Great item - any chance the future might also allow a selection to also show on the chart? I know there are other syste
ms that show on chart but do not want two indicators making swame calculation. THANKS!
November 24th, 2012 09:21 PM Nowshad Useful....thanks a googol.
October 19th, 2012 04:24 PM jupiejupe what is the bar coloring indicator you are using, it makes a lot of logical sense