Buy Sell Volume - Premium Indicator

Modified on Sat, 01 Apr 2023 at 11:19 AM

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This NinjaTrader 8 custom Premium indicator is developed by us for Traders who want to see real time in-depth actual Buy and Sell volumes separately on their charts to make their trading decisions. You can subscribe it without any obligation for trial period of first 1 month for FREE, after first 1 month from your subscription date, you will start paying until you cancel subscription. This premium NinjaTrader 8 custom programmed indicator plots separate vertical bars on the chart for any instrument to show the current Buy and Sell volumes separately in the market. This “Buy Sell Volume” indicator gives you an in-depth visualization on how the buyers and sellers are moving the market separately (Image – 1). You can also plot arrows (Image – 2) and these arrows plots which side of the traders ie, buyer or sellers accumulating or distributing actually without showing their intention; as green candles does not always proves that buyers are in control and opposite for red candles. Red arrows shows sellers are stronger and green arrows for buyers. With this popular indicator, you can make real time decisions whether you want to buy or sell. As you will be able to plot real time Buy and Sell volumes separately with this indicator, you will see how buyers and sellers are moving the market and who has the upper hand at every moment of the time. Please note, this indicator needs NinjaTrader 8 LifeTime license subscription and works on Intraday Time based Minute bar types. If you have subscribed to older version, named “Separate Buy Sell Volume in UpDown Tick”, you need to upgrade that to this version as we are not supporting that older version any more.


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You can also plot delta of Buy and Sell volumes for live volume data with vertical bars. These Delta volume bars are a good way to see which side of the market is winning. Green Bars are for Buyers and Red Bars are for Sellers (Image – 3). Right most bar will keep changing its color as the market delta changes on current volume. Best way to see the actual volume pressure on live market. In this mode also, you can plot arrows to show (Image – 4) who is controlling the market volume actually behind the scene (as describe above previously).


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For instruments like Forex pairs, there are no actual volume data coming from exchanges. For those instruments, you can use Up Down Tick data to get realistic idea about actual traded volumes. And if you want to plot Buy Sell volumes for those instruments, you can select “UpDownTick” – in Volume Type settings for the indicator (Image -5). Otherwise, if you are trying to use this indicator with any instrument which does have Volume data coming from exchange, you can use “AskBid ” – in Volume Type settings (Image – 6). Now if you want to plot separate But and Sell volumes on chart, you can select “Buy Sell” plot type in settings (Image -7). But if you want to plot only Delta of buy and sell volumes on the 


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chart, then you can select “Delta” as plot type in settings for this indicator (Image -8). For plotting the arrows to show the buy and sell pressure as previously discussed, please check “Plot Arrows” option and make sure, you can see a tick there like Image -9.  If you want to change the color settings, Dash Style, Plot Style, Width etc, for both buy and sell bars; you should be able to set them as you prefer from the Plots settings of this indicator as marked with Lime green rectangle  in Image – 10. And if you want to see the separately like Image -1 bars, you can select the Buys “Match data series width” and make sure it show tick there. This way width of Buy volume bars will be wider than Sell volume bars to understand them clearly and separate them from each other.


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Now, this indicator works only with intraday Time Based Minute bar type chart. If you try to use this indicator with Daily or above ie any time frame chart other than intraday time frame, it will show you a message on indicator panel to inform you to use only intraday time frame chart for this indicator like as it shows in Image -11. This indicator can be effectively used on Time Based bar types only. It does not work for other bar types. However, if you don’t remember and try to use bar type anything other than Candle stick bars, it will show you a message on indicator panel to inform you to use only Time Based Minute bar type for this indicator the way you can see in Image – 12.


If you still have any further query, please do watch the video tutorial by clicking here.

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