Volume Vector for NinjaTrader®

Volume Vectors Indicator for NinjaTrader® (NT8)

The Volume Vector Indicator Data Sheet

• Automatically Renders Volume Profiles of Price Action Swings
• Highlights high and low volume areas within each swing
• Options to control swing detection and rendering
• Renders session profiles

Screen shots of the E-mini S&P 500 and Crude Oil futures:

ES Volume Bar with 100% opacity

ES Saturation with 50% Opacity

You can turn down the opacity make the divergence between high and low volume areas more striking.  

E-Mini S&P 500 Futures Contract

Crude Oil Contract, Volume Bar

New for 2021 - Now renders session profiles as well...

Motivation

Market Profiles of fixed time periods, such as an entire day, are useful but as the day progresses much of the volume contained in them is for trades that have already been unwound.  Because of this, as the trading day moves along, the profile becomes “polluted”.

Some market profile indicators on the market allow you to manually select regions to profile. I think these are great tools but I found in practice that I was always highlighting and comparing the profiles of swings.  I wanted something to do that automatically for me

How do I use Volume Vector?

I found that price action tends to move from one high volume node to another.  I trade these ping pong like bounces between them.

Trade Examples

Here we see the uptrend in trouble. An opportunity to take contracts from the panic and a great price. But where?

The answer is at the location where most traders initiated positions on the way up. They don't want to lose money so their stops are taking the market down. Most of the selling should finish at the high volume node.

In the following screen shot the market pulls back to a volume cluster from a much earlier swing. In this example the VWAP is also helping to support the market. Unfilled orders are distributed to areas where the market did a lot of churning, cranking out high volume nodes.

You'll never see this on the histogram of an all day long market profile.  

Videos

Overview of Volume Vector

Trading with Volume Vector

Delivery

You’ll receive the system via email approximately one business day after purchase. The email will go to the one associated with your PayPal account unless you ask for delivery elsewhere. Check your SPAM or JUNK mail folder.  

Full Money Back Guarantee