Sometimes I like to use volume based triggered stop. I used it a lot, both for entries and exits when I traded from CQG Trader. I know they have the technique also in X-Trader, and lately I found out it could also be used in NinjaTrader, although only for stops, not entries.
In the video, I´ll show how to set it all up in NinjaTrader and how I use it in combination with JigsawTrading Depth&Sales.
I see no real point it using it for thinner markets such as YM and Crude Oil, but for thicker markets such as T-Notes and Euro bonds, it´s excellent.