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Date/Time: Tue, 26 Nov 2024 09:53:25 +0000



Post From: Adding Volume Cluster Analysis to Numbers Bars

[2014-04-17 01:31:09]
cmet - Posts: 551
This is a feature that is offered on Ninjatrader using the OFA tools.

Would be a great addition to the Sierra Numbers Bars.

http://www.youtube.com/watch?v=ksmIXfXbhqM

The quick explanation of these areas are the "3 or 4 consecutive prices within the bar where the most volume is taking place"

These are then colored based on the dominant side.

Can provide very valuable clues as to when buyers/sellers step in as well as give a good indication at what point those buyers and sellers would be in trouble or trapped.

(Being able to use a hollow candle shape (as shown in the above video) as a background would also be a great feature)

Any chance this can be added?

Or, if this can be constructed with the existing settings, perhaps you can post below.

Thanks
Date Time Of Last Edit: 2014-04-17 03:40:48