NexusFi: Find Your Edge


Home Menu

 





Good volume indicator


Discussion in EasyLanguage Programming

Updated
    1. trending_up 1,639 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

Good volume indicator

(login for full post details)
  #1 (permalink)
tradeon05
Los Angeles, California, United States
 
Posts: 1 since Nov 2013
Thanks Given: 0
Thanks Received: 0

Hi all,

I am looking for a volume indicator that shows the current volume for the day compared with the avg volume for the same time during the previous 20-day period.

For example, if a stock averages 2-million shares at 10am for the last 20-days, I want to be alerted when the volume at 10am exceeds 150% of that. Not just on that 60-minute bar, but I want to see the cumulative volume from pre-market up to that time during the day versus the average for that time prev 20-days.

This would be used to see how strong price breakouts/breakdowns are.

TIA

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Futures Close-Out Policy
Commodities
ZombieSqueeze
Platforms and Indicators
Request for MACD with option to use different MAs for fa …
NinjaTrader
Looking for an MQL4 MetaTrader programmer/coder
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
33 thanks
Daytrading ES & NQ
32 thanks
Battlestations: Show us your trading desks!
31 thanks
Spoo-nalysis ES e-mini futures S&P 500
28 thanks
Retail Trading As An Industry
25 thanks

(login for full post details)
  #3 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726


Hi....maybe what you looking for could be given by relative volume and / or also suggested by volume vs Net new trades. Also this info can be extralopated for index futures. There are probable ways maybe this can be synthesized if using FX but have not seen relative volume for fx only seen vwaps.

I guess many of the platforms can display this with in built or 3rd party indicators. I use TradeStation where I do have indicators for relative volume n Net new trades.

Not sure if the above is what u were looking for.

Good luck

Thnx
S

Reply With Quote





Last Updated on November 23, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts