Since this is a volume based indicator you need to set it’s Calculate parameter to ‘On each tick’.
- When the block volume exceeds the threshold value
Because this indicator doesn’t show direction, there are no indicator signals.
The indicator can generate alerts.
|Enable Alerts||If checked enables alerting with a sound and a message in the NinjaTrader Alert Log window|
|Alert Sound||The sound file to be used if an alert is fired|
|Enable Emails||If checked enables email sent with the NinjaTrader Share Service ‘Email’.|
|Email Address||Your email address|
|Block trade size||The minimum Block size that will be counted|
|Count||What to count, Volume or Trades|
|Period||The number of periods for the Moving Average line|
|Threshold||The threshold for a large bar, which can generate an alert|
|Large Bar Color||The color for a large bar in the indicator’s histogram, i.e. a bar that is above the Threshold volume|
|Plots||The style of the different plots|