TapePlotter is a complicated device that’s imported as an indicator for NinjaTrader and to investigate in depth the conduct of the tape (Time & Sales or Level1).
Accumulates at every degree of the cross-market value towards Bid (gross sales) and towards the Ask (purchase) orders, permitting them to right away detect the negotiated costs and if the stress has been promoting or shopping for.
Only it really works in actual time, not historic bars. If the recharge indicator (eg, a brand new indicator is launched into the chart, a reconnection happens, the timeframe is modified, and many others) all information is misplaced and it’s like indicator restart from scratch. Nor it helps templates and lets you save the chosen parameters.
Market Replayer works with permitting to check and analyze historic patterns to go looking classes.
The indicator offers quite a lot of options that may seek the advice of intimately within the guide (request it by e-mail) and shows the data in very other ways.