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Volume Pace or Speed of Trades Indicator ?


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  #1 (permalink)
 jbmiguel 
Weston Florida USA
 
Experience: Intermediate
Platform: Ninjatrader8, Bookmap
Broker: IB, Rythmic, IQ-feed
Trading: ES
Posts: 31 since Jul 2015
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Looking for a MultiCharts /Tradestation indicator that could measure the 'Pace' or Speed of of Ticks or Volume traded in real time and display these in a Histogram fashion that identifies between Up/Down volume as well. I'm currently using a great indicator from MBoxwave called MPace but it's not available for MultiCharts. Any guidance or programming help would be greatly appreciated...

There are some basic attempts and re-posts at this type of indicator (Cunparis, etc.) but they're very primitive and don't work well in MC's or TS. I'm really looking for a more sophisticated indicator that makes it easy to see these sudden bursts of volume and then discern whether they were 'Up' or 'Down' volume associated with the histogram bar (similar to the basic Vol. Avg. indicators) see pic attached. I did see similar types of Speed type indicators available for NinjaTrader but I don't have the coding expertise to convert these to MC's and none were in a histogram fashion.

I'm not a programmer please keep that in mind if you have any guidance, Thank you, M


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  #2 (permalink)
netarchitech
NY, NY
 
Posts: 68 since Dec 2011
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@jbmiguel -

You'll be happy to know Mboxwave is now available for MultiCharts

https://mboxwave.com/multicharts-overview


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  #3 (permalink)
 
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 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
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There now seems to be a similar indicator in Tradestation trading app store. I haven't used it.


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