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:
There have been a number of questions, how to use this indicator and how to get the sound files. So I will just try to respond to the question and show the way how I use the indicator.
Sound Files:
The indicator can be used with any sound files …
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.
Feb 5 2010: Version 2.02 is available here and is also NT7 compatible.
This is for VIP users only.
Please do NOT distribute!
As always, I spend my time developing indicators to give to the VIP community, since it is those within the VIP community that are supporting BMT. If you share this indicator with someone else or on another website, it hurts me.
This indicator allows you to choose an SMA, EMA, HMA, WMA, VWMA, JMA or ZeroLagEMA and then paint fibonacci levels above/below that price.
You can choose two calculation methods. Method 1 uses 34, 55, and 89 for bands. Method 2 uses 38.2, 50.0, and 61.8.
Attached are some screens.
Please give me some feedback and let me know what you think.
BTW, this indicator does not repaint and it does work correctly with COBC false.
Mike
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NO [feedback]
dowload and unzip file in NT 8 replay folder Documents\NinjaTrader 8\db\replay
The file will create a folder with the relevant front month and a series of .nrd files inside (one per day)
Make sure to use the "extract here" function as shown, and not the "Extract to" function, to avoid the creation of a folder within a folder.
Note 1: the archive contains only the dates with the most volume for this contract, meaning, this is data relevant only to when the contract becomes the front month.
April 19th, 2020
Size: 249.82 MB
Downloaded: 103 times
2212
xplorer
NT 8 Market Replay data for CL
Contract: CL 09-19
Download instructions:
dowload and unzip file in NT 8 replay folder Documents\NinjaTrader 8\db\replay
The file will create a folder with the relevant front month and a series of .nrd files inside (one per day)
Make sure to use the "extract here" function as shown, and not the "Extract to" function, to avoid the creation of a folder within a folder.
Note 1: the archive contains only the dates with the most volume for this contract, meaning, this is data relevant only to when the contract becomes the front month.