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Better Volume with Sound Alerts
Exported using NT Version 7.0.1000.26
This is a simple version of the Better Volume Indicator from
https://www.emini-watch.com/
. It is not based on the later versions but the original version and identifies the following events
Breakout or Climax Bars
: A breakout or climax bar is a bar with the highest value for the product of volume and range within the lookback period.
Churn Bars
: A churn bar is a bar with the highest value for the volume per range within the lookback period.
Climax Churn Bars
: A climax churn bar is a high volume bar that qualifies as both climax and churn bar.
Low Volume Bars
: A low volume bar is a bar that has the lowest volume within the lookback period.
The indicator uses two lookback periods. The larger lookback period identifies stronger climax and churn bars, the smaller lookback period points to weaker climax and churn bars and is used to identify low volume bars.
Sound Files
: The sound files are user selectable. You first need to copy your sound files to the directory C:\Program Files\Ninjatrader 7 \sounds. You can then select these files via the indicator dialogue box. Make sure that your sound files are compatible with NinjaTrader. NinjaTrader 7 does not support wav\MPEG, you need to convert it to wav\PCM first with an audio recorder.
Some further ideas and the sound files that I use can be found here:
https://nexusfi.com/traders-hideout/9042-better-volume-indicator-sound-alerts.html
Version 1.1, April 22, 2011: Bug fixed, low volume bars were not shown correctly.
Version 1.2, January 22, 2012: Paint bar option added. Overlay version showing paint bars only is included. Values for different bar types are exposed as IntSeries
Version 1.3, September 27, 2012: Code efficiency improved, following suggestions by @Zondor.
Version 1.4. December 28, 2012: Bug removed, sound alert for low volume alert was triggered for all bars with setting COBC = false.
Version 1.5. February 10, 2015: Bug removed, paintbar opacity was not applied for low volume upclose bars with setting COBC = false.
Category
NinjaTrader 7 Indicators
Details:
Better Volume with Sound Alerts
Category:
NinjaTrader 7 Indicators
February 10th, 2015
Size: 355.19 KB
Downloaded: 6631 times
Keywords:
bettervolume
churnbars
climax
climaxchurn
expansion
856
Fat Tails
Comments/ratings
mea109
March 8th, 2011 06:22 AM
ah yes
merci beaucoup
Bowerman
March 8th, 2011 08:36 AM
Thx!!!!!
Serenpipity
March 8th, 2011 11:17 AM
My dogs
will like this too
vikstock
March 9th, 2011 04:05 PM
renvik
March 20th, 2011 03:53 PM
Thx!
I didn't find the sound files in the zipp file - where should I look?
Thanks again for all the work that you do.
Cheers,
Kumar
hunter548
April 12th, 2011 01:35 PM
Like it. Interesting to see volume activities align so well with my buy and sell signals (or sometimes not, keeping me out of bad trades!)
vizag
May 15th, 2011 09:21 PM
Gr8 indicator, gives an edge for trading. Thanxs for the post.
jrs659
May 22nd, 2011 11:08 AM
I am still trying to learn,,thanks for your time and efforts....jrs
sambar
July 25th, 2011 04:44 AM
thank you very much nice indicator
Jonson
August 28th, 2011 01:03 PM
My opinion, this is a decent indicator that I've seen
Thanks Bro
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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.