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t4tTradeSizeAnalyzerUD4L : Trade Size Analyzer for NT7 without GomCD 5 *
A alternate method for a simple way to use the volume(or tick count) as colored trade size histogram (per direction or cumulative).
Based only on 1Tick data with compare the ticks with price movement.

The group trades into size categories based on user controlled cutoff points that define small, medium, large and extra large trades. (comperable to Zondor's GomCD based logic)

Gomi use OnBid/OnAsk and has more informations for ticks without price movement (hold ticks). I think, for the ticks with real price moves, my "simple" version work nerly comperable/equal
The advantage is: i no need any recorded database, i use the NT7 tickhistory with a additional 1Tick DataSeries inside the indicator for working with any bartypes.
(As internal special feature i use my own sync method for use the correct real count of tick/volume per bar)

The indicator and the logic can work with any bartypes and intraday timeframes, not only with my t4tReversal bars.
The public results can external use as DataSeries with any strategy rules or as internal input for with any other indicators... (only limited by the high cpu load)


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This indicator is intended for TRUE ELITE users at BMT.

PLEASE DO NOT STEAL AND SELL TO OTHERS, YOU KNOW WHO YOU ARE (and we know too!).

Written by TimeTrade ([email protected])
Version 1.0 (Mar 13, 2012)
https://www.tools4trading.de


Category The Elite Circle 
 
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Details: t4tTradeSizeAnalyzerUD4L : Trade Size Analyzer for NT7 without GomCD
Category: The Elite Circle 


March 13th, 2012
Size: 6.91 KB
Downloaded: 1021 times

Keywords: gomcd nt7 tradesizeanalyzer
 


 
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