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Time based indicator for volume and tick charts


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 uspilotzzz 
Denver, CO United States
 
Experience: Intermediate
Platform: Multicharts
Trading: ES
Posts: 78 since May 2015
Thanks Given: 3
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Hey everyone I use tick charts to trade with, and as we know volume means something different on a tick chart than on a time based chart. Time kind of becomes a component of volume...the more volume the fast the bars print. Does anyone know of an indicator that tracks bar length (in time) open to close?

Ideally I would like an indicator that was simple like a green light on the bar if it prints quicker than the previous bar and a red light if it prints slower than the previous bar. This would allow you to visually see volume flowing into our out of the instrument on a tick or volume chart. As volume flows in, bar printing speeds up and you get a row of green lights. As volume slows down, bar printing slows and you get a row of red lights.

Thanks


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  #2 (permalink)
 uspilotzzz 
Denver, CO United States
 
Experience: Intermediate
Platform: Multicharts
Trading: ES
Posts: 78 since May 2015
Thanks Given: 3
Thanks Received: 26

I found this which seems to be an answer to my question.

Bar Speed Indicator for NinjaTrader/TradeStation - FreeIndicators.com


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Last Updated on May 30, 2015


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