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OrderFlow+ Volume Profile proportions mismatch


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  #1 (permalink)
Oceans
Forlė Italy
 
Posts: 2 since Apr 2019
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Thanks Received: 1

Hello everyone,

I recently purchased a lifetime NinjaTrader 8 license specifically to use the Volume Profile included in the OrderFlow+ pack (and other related features).

After plotting a Volume Profile on each candle of a daily chart (DAX future in the image attached), I noticed a strange behavior that invalidates the whole purpose of the Volume Profile: for example, as you can see in the image attached, the volume profile bar n. 1 represents a volume of 682 contracts, while the bar n. 2, belonging to the volume profile of the next day represents a volume of 1.153 contracts despite being shorter than bar n. 1!



So, it seems every single daily volume profile il proportioned on its own values with no regard to the other days' volume.
Without proportions of each volume profile being calculated on all the plotted daily volume profiles at the same time, it becomes impossible to visually compare volume areas across the different days, wich is a key purpose of the indicator itself.

I tried solve the problem acting on the "Auto Scale" and on the "Profile Width" properties of the indicator (attached), with negative result.

Did someone else notice the issue...and maybe solved?

Thanks in advance

Have a nice day


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  #2 (permalink)
 JustinIsHere 
Montreal, Canada
 
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Was Tick Replay enabled?


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  #3 (permalink)
 
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NinjaTrader Order Flow Tools don't require Tick Replay so do not enable this feature. Please reach out to our technical support for further assistance on your issue.

https://support.ninjatrader.com/s/


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Last Updated on June 21, 2019


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