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1874
FLL2099
I created a universal indicator that will alter the color based on slope change of "ANY" distinct, single-value dataseries in any panel.
To use this, you need to learn how to define the input series for the indicator (all done via the NT8 UI).
You can use “ANY” other available dataseries as input and the color change will be applied. No programing required; upper Bollinger band, lower Keltner band, HMA, TSI, MACD, etc… any indicator you have on your system can be used as the input dataseries for this indicator.
You need to understand how to change input series to use this indicator. This works the same as it did in previous Nijatrader releases.
Read up on this here for NT8
1.) go to control panel
2.) select help guide (F1)
3.) open Operations by selecting arrow head
4.) open Chart by selecting arrow head
5.) select Working with Indicators document
6.) open How to edit an indicator's parameters by selecting arrow head
scroll to bottom of this display to read about changing indicator input series
Note, this feature is recursive meaning you can do this multiple times for example
ColorInputSeriesSlopeChanges(ema(volume)))
You can change the colors used, the defaults are Red (down), Yellow(same or peak), or Green(up).
Yellow can indicate values that are identical but it can also represent what I call Peak. The Peak value is the bar that is the apex of the slope change (ie from up to down). You can also toggle the display of Peak off or on.
Creates a histogram of volume at price points using an additive 1 tick data series. The histogram can be drawn on the left hand or right hand side of the chart. The color and opacity of the bars can be defined. A scale factor is available to control the amplitude of the peaks and valleys. The volume summation can use all bars of the chart, bars starting at the left hand side of the chart or bars since the last session start as defined by the charts session setting. The summation of volume starts at the designated start bar and continues to summate until a refresh, at which point the starting bar location is redefined based on your settings (beginning of chart, left side of chart, session start). It uses the 1 tick data series volume which can differ slightly from the main bars volume, but it is very close, close enough for a volume profile. The advantage of being based on the 1 tick data series is this indicator will redraw/refresh and does not need an external file for data storage.