The indicator Volume Swing can be purchased separately, or is available as part of the Club Membership. To get access to our entire collection of indicators, including any future releases, click here to join the Club.
The NinjaTrader indicator Volume Swing is built on our Framework, which allows users to easily run the indicator on multiple time frames (MTF), including custom bar types. The indicator will show the cumulative volume from swing to swing. A swing is defined based on the swing indicator that comes default in NinjaTrader, but with an expanded strength setting to include a left strength as well as a right strength. By setting the left strength to the desired (typically higher) strength setting, the more relevant swing points are captured. By setting the right strength to a lower value, the swing point will compute more quickly and be available for use in a breakout signal. Depending on the volatility of the instrument, this right strength value can be set to a fraction of the left strength so it is available near immediately.