Here, I just threw this together, it will give you a "time volume" in seconds for each bar in NinjaTrader. It just takes the current bar time minus the previous bar time and converts it to seconds. So, slow bars are tall, fast bars are short. I hope this helps...
Thanks, Can you explain how to do it, and what size filter is the best for determining what big money is doing? I couldn't figure out how to set a filter on the time and sales in TS
right click inside the time and sales box That should bring up a dropdown menu Top choice is "Format NQZ07" select that which brings up a box Top part is labeled, "Symbol" then "Data" Bottom half is labeled "Display" Make sure the Trades box is checked Under that, UNCHECK the show all trades dot Then check the "Show trades" dot dropdown menu lets you display >= and select 25 or 50...
Anek.... Is there any commonly known indicator you like or used to like ? Just out of curiosity. Daniel
Daniel, You need to read the whole thread. Indicators not based on price action are the handi work of the DEVIL!, sugar coated and delivered on silver platters by his desciples to the young, ignorant, trusting, desperate and greedy among us. But on the good side, they sure do add color to an otherwise dull chart. Gives it more of that video game look you know.
Hmm interested in how you intend to use this info. If you are watching the eminis with the CV charts and you do this for a few hours during the day I find that you get used to the "pace" of the bars and can detect when speed is increasing/decreasing. That said... a lot of people here seem to be interested in indicators that don't lag price. I havn't read this thread but intend to in the next odd weeks. I believe we can all get a little from it that we can transfer it to here to continue to improve the content of the thread. http://elitetrader.com/vb/showthread.php?s=&threadid=68098
I agree, I wouldn't find that info useful in real time, but for looking at historical charts it might save a little time in checking the timestamps for pace if that's of interest. I did find it interesting to see "time bars" on a CV (constant volume) chart as the analog of volume bars on a CT (constant time) chart.
That last statement is interesting... too bad its implications are something that I cannot comprehend right now lol.