I actually use Biglots, with DOM Ratio on it. But there are other charts where I only need to use the DOM Ratio, in the same panel than price. Could you make it available alone?

Thanks and Regards,

Gerardo

All taken care of Gerardo. Hope it's working well. Let me know the details of your new idea soon.

Dan

The indicator is working perfect. Actually, I took a trade this morning using mainly its information.

I will send a picture so you can uploaded, since I couldnt.

In this trade I was watching how NQ was making new lows of the day and ES and YM were not even close to the low of the day. At the trade moment bid/ask was more than 2 in NQ and more than 1.5 in ES and YM. Lot of buyers wanted to be filled a little lower than my entry point. So I went for it and worked.

Still thinking on new ideas. Maybe an interesting one to develop would be the MACD idea I posted before.

This is the link of the charts.

www.picfront.org/d/863u


Regards,

Hi Dan:

I think this Dom ratio could be combined with a similar functionality of jtRealStats indicator, that actually does not work in latest NT7 version. It just starts plotting and quickly halts.

This indicator should show:

1. Level II data and histogram bars per price. The number of levels to be shown should be configurable, with opacity settings.
2. Show DomRatio indicator at the bottom, just as it works now with coloring, giving the ratio of the number of levels configured as per point number 1.
3. Instead of showing the bars of inner bid and ask volume and the total volume above, at or below the last bar close, it could show the same information Biglots histogram gives , for the actual bar only, showing total volume buying and selling and biglot volume buying and selling, with delta level indication. Very similar to what biglotshistogram collage shows in the higher center figure of the collage you made of it.

I hope you have the time to make it work and give information that on my opinion is very useful for times and sales watchers.

DOM Ratio. Can someone send me this indicator. I was looking for such indicator for aq long time. to This email address is being protected from spambots. You need JavaScript enabled to view it.

Hi yunakhan1, the DOM ratios discussed here is included as part of two indicators, IT_BigLots and IT_VolBB. It is not available separately right now.

Dan