NinjaTrader Volume Indicator

Unlike most trading indicators, volume is not a derivative of price. Volume can be analyzed along with price in order to help determine the state of a given market. However, like price, Volume data can be difficult to analyze without the proper knowledge. Our Volume Indicator provides a color coded visual representation of the volume data, making it easy to analyze and react to changes in volume.

Volume Indicator Trading States:

When analyzing the Volume Indicator, there are four possible market states:

Market State Expected Behavior
Buyers Controlling the Market Market Expansion
Buy Move Exhaustion Market Contraction
Sellers Controlling Market Market Expansion
Sell Move Exhaustion Market Contraction

 

Volume Indicator

Trading with the Volume Indicator:

To avoid the chop in the market, we look for 2 consecutive bars of a given color to confirm the market state. The light colored bars (light green and pink) indicate states of market expansion, or trend continuations. The dark colored bars (dark green and dark red) indicate states of market contraction, or pullbacks. In general, we want to enter trades during a period of contraction (after a pullback), so we can participate in the profits from the trend expansion/continuation. As you can see from the screen shot above, the Volume Indicator is very good at identifying key exhaustion and contraction points in the market.

Purchase a Lifetime License

Only $99.95

Click the Buy Now button to purchase a lifetime license for our NinjaTrader Volume Indicator. Licensing includes lifetime support and upgrades.

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Download our Volume Indicator by clicking here.

 

Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Testimonial Disclosure:
Testimonials appearing on MooreTechLLC.com may not be representative of the experience of other clients or customers and is not a guarantee of future performance or success.