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DOM_Bands_v2 by ZTrade101 updated for NT7
The upper plot is the total number of shares or contracts offered for sale in the Level 2 order book. The lower plot is the total number of shares or contracts bid to buy in the Level 2 Order Book. The yellow plot is the bids minus the offers.
Maxrows is the user setting that controls how many rows of the order book are counted. In panel 2 we have the totals for all ten of the bid and all ten of the ask rows. In panel 3, with Maxrows set at 5, we see the totals for the 5 inside rows of bid and ask.
This will work in realtime or market replay mode. Changing any chart settings deletes existing plots, and there is no backfill. This limitation is because of the way Ninjatrader stores data. I started working on a DOMRecorder indicator to correct this. May take a while.
Thanks ZTrade for the idea of this indicator, and for the original implementation which worked fine in NT6.5 but had problems because of undocumented changes in NT7.
NinjaTrader 7.0: Yes - Zondor
Category
The Elite Circle
Details:
DOM_Bands_v2 by ZTrade101 updated for NT7
Category:
The Elite Circle
February 1st, 2010
Size: 3.32 KB
Keywords:
dom
tape
zondor
ztrade101
309
Zondor
Comments/ratings
resist
February 2nd, 2010 07:12 PM
Thanks.
ZTR
February 27th, 2010 06:30 PM
Excellent for the persistent visualization of Depth of Market
syxforex
May 14th, 2010 04:39 AM
Wow, this looks cool. Does it require the use of the Zondor or Gomi Recorder?
nrwrules
August 8th, 2011 07:59 PM
toma3113
April 16th, 2013 09:00 AM
thanks a lot
crazybears
December 14th, 2016 07:57 AM
thanks
Harvard
December 6th, 2020 03:05 AM
Thank you. Great idea. A NT8 version would be very usefull.
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