Update: 03-19-2019, changed the chartstyletype value from 8 to 1197, to avoid conflict with Volumetric chart style.

This is an EquiVolume chart style for NinjaTrader 8. Based on traditional Japanese Candlesticks, the EquiVolume chart style alters the width of price bars dynamically based on the relative volume seen during each bar.

Wider bars indicate that larger relative volume was seen during that period, while thinner bars indicate that relatively low volume was seen.

Overview

Identifies the highest single-bar volume displayed on the chart canvas (the visible bars on the chart at a given time)
Separates bars into three distinct widths: a Small width for volume less than 1/3rd of the highest volume, a Large width for volume greater than 3/4ths of the highest volume, and a Medium width for everything in between

Properties

Features three user-defined properties: "High Volume Modifier," "Medium Volume Modifier," and "Low Volume Modifier," which will set the modification for each volume category, based on the "Base Width" property.
Re-draws widths immediately when the visible range of the chart is changed.