Bar Speed Indicator

4/5 - (23 votes)

Bar Speed Indicator – For Range Bars, Renko Bars, Tick Bars, Volume Bars and More…

The bar speed indicator was created to measure the speed of the current market. When using time based charts such as a 60 minute chart, we can see exactly how far price moves within a given time period. However, with bars that are not time based we cannot easily see how much time it took for each bar to form. Depending on the type of chart used, the output will tell you different information about the market. For example:

    • Tick Bars

      – If a bar takes very little time to form, we know that there is heavy trading activity the market

Bar Speed Indicator for NinjaTrader

    • Volume Bars

      – If a bar takes very little time to form, we know that there is heavy volume coming through the market

Bar Speed Indicator for NinjaTrader

    • Range Bars

      – If a bar takes very little time to form, we know that the market is moving quickly

Bar Speed Indicator for NinjaTrader

    • Renko Bars

      – If a bar takes very little time to form, we know that the market is moving quickly

Bar Speed Indicator for NinjaTrader

The Bar Speed Indicator can be useful on any bars that are not time based. The indicator is available for both the NinjaTrader and TradeStation platforms.

Download Now:

Click the link below to download our Free Bar Speed indicator for NinjaTrader:

NinjaTrader 7:
BarSpeed Indicator for NinjaTrader 7 (4335 downloads)

NinjaTrader 8:
Bar Speed NT8 (3994 downloads)

Click the link below to download our Free Bar Speed indicator for TradeStation:

Bar Speed Indicator for TradeStation (3756 downloads)

 

 

13 comments

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    • Jeff Ward on May 2, 2017 at 2:39 pm
    • Reply

    Can’t wait to try the BARSPEED indicator.
    I don’t want to sit and stare at the TradeStation screen all day long.
    With this indicator I can set an Alert to notify me when things are picking-up above a certain activity level.

    • Raymond Thompson on July 13, 2017 at 12:23 am
    • Reply

    Perfect, I was looking for this

    • jojo on August 31, 2017 at 3:44 am
    • Reply

    that brilliant, i was waiting for this for a long time

    • Trader Thor on April 13, 2018 at 8:10 pm
    • Reply

    I use range bars for trading the S&P and could really use this. Has it been updated to Ninja-8? thanks.

    1. It has not been updated yet. If you join our mailing list, you will receive an email when it is available.

    • Trader Killa on October 10, 2018 at 3:44 pm
    • Reply

    hey this one indicator is great.
    im also interested in the NT8 Version of that one.

    1. It is coming soon. Unfortunately I cannot give a date at this point, but I will be posting the NT8 updates for more indicators soon. If you join our mailing list, you will receive notification when it is available.

    2. The NT8 Version has been posted!

        • Trader Killa on October 25, 2018 at 8:42 pm
        • Reply

        thank you very much, will test it immediately, thats soo cool

    • Thor on October 31, 2018 at 2:27 pm
    • Reply

    I downloaded & installed bar timer for NT8 but have a problem. On a 30 range chart I get the error message “Bar timer only works on intraday time based intervals”. How do I fix this? Thanjs

    1. The Bar Timer indicator is built in to NT8. You downloaded the Bar Speed indicator. The error message you are referring to comes from the Bar Timer indicator, not the Bar Speed indicator.

    • Johnny Fame on May 27, 2020 at 1:08 pm
    • Reply

    What is used to calculate the speed of each bar? Is it counting how much volume and how fast the volume is?

    1. The speed is calculated based on time. If you are using time based charts, the speed will be the same for every bar. The indicator is meant to work on other bar types such as renko, range, point and figure, etc.

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