PriceMarker+™ is a NinjaTrader platform add-on indicator designed to show last traded price of an instrument, its best bid and ask values. Additionally, it shows last market tick direction, highlighting the trend action of buyers and sellers.
Short sounds emphasize differences in delta volumes.
| Category | Indicator |
| Platform | NinjaTrader 7 |
| Version | 1.08 (27.01.2015) |
| Description | PriceMarker+™ indicator draws the price line starting from the right side of the last bar. The price line can be configured as a short segment, as shown in picture above, or long to reach the right chart ruler.As usual, if used with “Calculate on bar close” set to false, the price line follows every tick, moving like price marker or the right.If enabled, PriceMarker+™ indicator adds two rectangular boxes to plot best bid and ask position available on the book, filling them when current tick has the same price of last best levels of book. Two short different sounds indicate last move of market, playing a higher tone if last tick represents a market buy order, lower if changed to sell, enabling the trader to perceive order flow direction and speed. |
| Parameters | |
| Price line Length | Length, in bars , of line showing last tick price |
| Price Line Color | color of price line |
| Price Line Style | Sets style of price line (Solid, Dash, Dot, …) |
| Tick Box Show | Enable boxes of best bid/ask |
| Tick Box Min Height | The minimum height, in pixel, of rectangular filled area corresponding to last market order. Instead if best bid/ask rectangle, whose height in pixel represents a tick value and depends on vertical scale of graph, last tick marker can be set imposing a minimum dimension, to be read when graph has a few zoom and tick size should be too small. |
| Tick Box Width | Width, in pixel, of best ask and bid rectangles. |
| Buy/Sell Sound TickDuration (msec) |
If = 0, disable sounds on market buy/sell orders. If > 0 sets the duration of sounds reproduced when last tick is on ask or bid side. Correct values are around 30-40 milliseconds; higher times can generate long sound and reduce the responsiveness of indicator. Please consider that this option, in any case, cannot be activated during fast market phases.
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Screenshots
Best bid/ask levels without spread, last price on ask side
Bid/ask whit 1 tick of spread, last price in the middle (this situation is due to a movement of buyer or sellers after last execution).
Same situation as previous case
Demo video