Strictly Dedicated to The Price / Volume Relationship Tools. Whoever would like to have it don't hesitate to ask via PM. There is a "Report" link button on the bottom left hand corner of each post. Please use it liberally with detractors.
The Price/Volume Tools Version 2018.02.21.618 for NinjaTrader Version 7.0.1000.x. is available upon request. It's the final version for NinjaTrader 7. All future versions will be for NinjaTrader 8. Acknowledgment: Ideas by jack hershey and spydertrader. Algorithms by spydertrader, pepe, palinuro, losttrader, vorzo, boybrutus, bigmoose, nkhoi, tikitrader and stepan. Disclaimer: ALL INDICATORS ARE PROVIDED “AS IS”, WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED. ALL INDICATORS ARE PROVIDED SOLELY FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT EVER BE CONSIDERED TO BE AN OFFER, OR AN ADVICE, OR A RECOMMENDATION, OR AN INVITATION TO BUY OR SELL ANY SECURITIES OF ANY KIND, INCLUDING BUT NOT LIMITED TO, BONDS, STOCKS, FUTURES CONTRACTS, OPTIONS OR FOREX.
One of new features includes forward looking price "deGaping". Please, notice the difference between upper and lower chart on session breaks of same instrument and same time period. It gives trader different channel perspective. And one can improve time market operations. HTH
Disadvantage of forward looking price "deGaping" is Price skew. It's displaying current price shifted by sum of all bars gaps between bar close price and next bar open price. Use it wisely and with caution.
The forward looking price, "deGaping" appears very dangerous and be a cause of significant losses in future. It is not even projecting it as a price expectation. Guys, beware be extremely careful when you use this software. What are the factors it takes into consideration to discover the price?