Just an indicator to place support/resistance zones on a chart. 10 zones are available. Would like to be able to make the zones color selectable, but I'm not a programmer, just a "copy and paster" . These work better than rectangles because you can't mistakenly grab them and move them.
Modified code to display Up/Down arrows when the MA line changes color. This indicator is a "Sample MA indicator that allows you to select different MA types."
Extra features(like arrows) are nice to have when you can turn them On/Off.
February 12th, 2011
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pfsmedical
Noticed when writing my trading journal (so glad I found this forum, thanks Mike, and all those I've learned from) I was constantly noting the DOM. So, decided to have an indicator that visualized it.
This is ladder based on jtRealStats code (NT downloads) and looks at the ending cumulative volume of bids and asks for each bar. In the code I limited the idx to the 5 levels above and below. Previous postings have noted that a equally-weighted and heavy DOM is one sign of Barb Wire (AL Brooks). Thus, a vaccum for your trading $$$.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NO (sam028)
December 10th, 2010 05:46 PM GaryN69 Awesome, thank you!
December 1st, 2010 02:34 PM greathopes Sweet indicator ty ty thank you ;~)
March 10th, 2010 11:05 AM sedonafan I would also very much like to have audible alerts and paint the bars on this indicator.
September 23rd, 2009 01:50 AM HJay Love the arrow addition. 2 missing features that would be nice to have would be the ability to paint the bars according
to line color as well as audible alerting on change of color. Thanks
September 20th, 2010 04:52 AM Jason11 Why does this plot an extra tail on the indicator line when it changes direction (color)in NT7 ? It is not a clean line
April 8th, 2010 04:18 PM anniebee321 i cannot see any data associated with this indicator?
January 10th, 2010 12:55 PM GoldStandard Thanks again for this tool. It's interesting to be able to view how the buyers/sellers order relationship changes at cer
tain points.
I ran across a site you might find interesting that is doing some work with order book analysis: tradingphysics.net. The
y have some interesting oscillators based on level 2 data & claim to have achieved quite a high success rate with them.
(i have no association with them)
I have a small request if its not too much trouble. For me it's a little bit counter-intuitive that the Total Buy line g
January 9th, 2010 09:18 PM GoldStandard Nice work and thank you! I'm trying this out now on replay mode.
January 7th, 2010 12:44 PM cclsys Thxs alot. I like indicators that give straight info that is otherwise hard to see (like Vwap and POC etc.). I also look
at the DOM alot and suspect this visual translation will prove helpful in learning to read various situations better.
February 24th, 2014 02:46 PM billymac48 Zones are colored grey on my chart.
you must make your chart background
something OTHER than grey to show up.
Cannot find an option to choose colors for zones.
April 15th, 2010 09:53 PM stockdisk Thanks was looking for this indicator.for those who don't see any thing on charts there are entries for zones like 1a &
1b enter starting pt say 1210 at 1a and ending of zone say 1212 at 1b.
January 29th, 2010 01:02 PM zacharydw00 I created & posted a selectable colored ind. called ConfluenceZones on NT's download forum. Written using NT 6.5, will p
robably work in NT 7.
January 12th, 2010 02:58 PM whoisthere48 This ColoredZones does not show up on any of my charts. I would like to use it if I could make it show up like in the e
xample.
January 11th, 2010 02:49 AM lolu This indy doesn't plot on my 5m chart. Can you provide/post a template ?