Due to limitations with data feed providers and the NinjaTrader platform, you do not gethistorical time and sales data furnished in your data feeds. As such, indicators based on that data, such as the Volume Pressure, must calculate as the live data comes in.
The Visual Time & Sales indicator creates bars when they are the most current. It cannot create them once they are older. Therefore, if you hit F5 or any behavior equivalent to hitting F5 (adding another indicator to the chart, changing a parameter in any indicator on the chart) while the indicator is active, all the Visual Time & Sales bars that were calculated on the live data, become historically based and no data is there to recreate them. They will "disappear".
Please note this is normal behavior and a necessary part of the indicator design.
Today we'll be covering the visual and sales indicator, a very innovative approach to a variation on using the time and sales chart. I've gone ahead and put the traditional time and sales chart on the screen just so you can see how this indicator translate the information into something that can be visually help with your trading.
Let's do a quick review of time and sales. Time and sales is a powerful tool if used by professional day traders to watch the current price movements at the most detailed level. It shows each individual trade as it occurs in a scrolling list. The time and sales chart shows the exact price that each trade occurs at, and also whether the trade occurred at BID, the market selling price, or ASK, the market buying price.
Normally one watches this activity using the traditional time and window chart you see on screen. Challenges you can see with this method is that the time in sales activity can move by very quickly and scroll by too fast. In addition, a normal time and sales the window cannot be fully integrated in your primaries screen, so I'm going to take it off from here on out. Our visual time and sales indicator displays this powerful information as a dynamic horizontal graph. You can control the color at the ask, below the ask, at the bid, and below the bid.
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