Description
Notice
- Calculate mode: OnBarClose only
- Trader manual: ready now
Gain a comprehensive understanding of market trends by utilizing Cumulative Delta for NinjaTrader 8
Overview
Please refer to the Trader Manual for Volume Delta to grasp how this indicator operates.
Cumulative Delta for NinjaTrader 8 keeps a continuous watch on the day’s bar-by-bar volume delta. Since each day is considered a fresh start, the cumulative delta resets to zero at the beginning of each day.
What sets ninZa.co’s version of Cumulative Delta for NinjaTrader 8 apart is its unique approach to determining market trends. It combines analyses of the cumulative delta, the moving median of cumulative delta, and price action. While we cannot divulge the indicator’s algorithm, we can confidently assert that this Cumulative Delta version is unlike any other delta interpreter in the trading realm. This exceptional indicator often identifies trend phases so accurately that even we, the developers, are pleasantly surprised!
Moreover, this specialized NinjaTrader Cumulative Delta indicator offers the added capability of filtering volumes by specifying your preferred volume size range. This feature enables you to monitor the activities and behaviors of specific trader groups. Below are some sample volume filters you can configure:
-
- Volumes from 1 to 5: Retail traders
- Volumes from 6 to 19: Big professional traders
- Volumes from 20 to 999999: Banks & hedge funds
Additionally, you have the option to utilize the background highlighting of uptrend and downtrend phases as a filter to confirm or reject your trading signals.
Candles are deliberately colored according to your preferences to emphasize times when the market experiences a robust uptrend or downtrend.
Features
Key features:
- Display cumulative delta.
- Present the moving median of cumulative delta (with a customizable period).
- Illustrate the disparity between cumulative delta and the moving median.
- Provide a selection of 3 volume base modes: BidAskPrice_RealVolume, UpDownTick_RealVolume, UpDownTick_UnitVolume.
- Operate on both historical and real-time data in BidAskPrice_RealVolume mode (Tick Replay activation is required for historical data functionality).
- Operate on both historical and real-time data in UpDownTick_RealVolume or UpDownTick_UnitVolume mode.
- Function effectively for instruments lacking real volumes by using UpDownTick_UnitVolume mode.
- Allow you to establish your preferred thresholds for strong positive and strong negative differences.
- Enable you to set your own volume filter, defining minimum and maximum volumes.
- Apply background shading to visually represent 4 phases: strong uptrend, weak uptrend, strong downtrend, weak downtrend.
- Emphasize bars during periods when the market is experiencing a robust uptrend or downtrend.
- Utilize colorization to distinctly display 4 plot states of cumulative delta: uptrend strong, uptrend weak, downtrend strong, downtrend weak.
- Generate markers at the onset of a trend.
- Activate alerts at the initiation of a trend.
- Place markers when a trend resumes.
- Trigger alerts upon the recommencement of a trend.
- Be fully NinjaScript ready for advanced usage, with no limitations imposed.
- Provide dedicated NinjaScript signals for added customization options.
NinjaScript readiness:
- Can be used in HelloWin Backtest - our AMAZING backtesting software @ HelloWin.io
- Can be used in Market Analyzer
- Can be used in Strategy Builder
- Can be used in BloodHound
- Can be used in 3rd-party indicators, strategies, products
- Professional & clean signature for easy calling
Dedicated NinjaScript signals:
- Signal_Trend: 2 = uptrend strong, 1 = uptrend weak, -2 = downtrend strong, -1 = downtrend weak, 0 = neutral
- Signal_State: 1 = diff above positive threshold, -1 = diff below negative threshold, 0 = diff in between the thresholds
Compatibility:
- Instruments: futures, stocks, indices
- Interval types: only INTRADAY intervals (no matter timebased or non-timebased, standard or custom)
- Chart styles: whatever
Usability:
- Ready to use out of the box
- Fully configurable & customizable with ease
Media
Installation
Please read Installation Guide for details.
Support
FREE support for life! Feel free to ask us anything, anytime.
On NinjaTrader 8, you even have access to our PRIORITY SUPPORT directly from charts.
Software upgrade
All software upgrades for NinjaTrader 7 are absolutely FREE of charge.
All software upgrades for NinjaTrader 8 are absolutely FREE of charge.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Terms
ALL SALES ARE FINAL & NON-REFUNDABLE!
Because software products may be copied and stored easily, we will NOT issue refunds of any kind.
Software Changelog
NinjaTrader 8 version:
- 24 Oct 2022 – The Volume filter was added.
- 11 Oct 2021 – The algorithm was entirely upgraded for tremendously improved performance.
- 10 Jun 2021 – The indicator was released (build new).
