Orderflows Trader 6.0 For NinjaTrader 8
The Most Powerful Order Flow Trading Software Is Now Even Better!
When It’s About Your Trading - Don’t Rely On Guesswork Or Your Intuition…
New Order Flow Tools
Orderflows Trader 6.0 is a major upgrade in terms of functionality as well as analytics. There are EIGHT new order flow analysis tools & improvements to help you understand the order flow: Thin Prints, Multiple Thin Prints, Delta/Volume Percentage, Extreme Delta/Volume, Extreme Delta, Small Min/Max Delta.These tools are hard coded into the Orderflows Trader 6.0, there is no additional cost or software to add on.
NEW - Plottable Order Flow Indicators
A question/request we have been getting over the years is "are the tools on Orderflows Trader plottable?" Basically, can you automate order flow. While in the past you have been able to isolate certain things in the order flow and create an indicator that can then be automated, trying to automate the actual order flow wasn't possible. Now it is. The following order flow actions can now be plotted which allows you to automate your order flow trading:
Prominent POC
Orderflows Tails
Delta Divergence
Exhaustion Prints
Imbalance Reversals
Market Sweep
Market Weakness
Orderflows Sequencing
POC Slingshot
Zero Print
Engulfing Value Area
Inverse Imbalance
Stacked Imbalance
Thin Prints
Orderflows Ratio Px Exhaustion
Orderflows Ratio Px Defense
Multiple Imbalances
What this means is you can use a third party tool like Markers Plus The Force from The Indicator Store to create your own trading strategy.
For example, you can now pick and choose the part of order flow you want to add to your strategy. Say you want to take trades only when a bar has an Exhaustion Print, Multiple Imbalances and an Orderflows Ratio. You can set up your strategy to trade those bars with that combination. Now it is easy to see when all three indicators are plotted at the same time.
Prominent POC
Orderflows Tails
Delta Divergence
Exhaustion Prints
Imbalance Reversals
Market Sweep
Market Weakness
Orderflows Sequencing
POC Slingshot
Zero Print
Engulfing Value Area
Inverse Imbalance
Stacked Imbalance
Thin Prints
Orderflows Ratio Px Exhaustion
Orderflows Ratio Px Defense
Multiple Imbalances
What this means is you can use a third party tool like Markers Plus The Force from The Indicator Store to create your own trading strategy.
For example, you can now pick and choose the part of order flow you want to add to your strategy. Say you want to take trades only when a bar has an Exhaustion Print, Multiple Imbalances and an Orderflows Ratio. You can set up your strategy to trade those bars with that combination. Now it is easy to see when all three indicators are plotted at the same time.
Standard Order Flow Tools
In addition to the new order flow analysis tools listed above, you will also get our existing standard order flow analysis tools that came with the earlier versions of Orderflows Trader: Market Sweep Detector, Market Weakness Detector, Orderflows Sequencing, POC Slingshot, Value Area, Value Area - EVA, and Inverse Imbalance, Orderflows Delta Divergence, Exhaustion Print, Imbalance Reversal, Zero Prints, Volume Profile, Stacked Imbalance, Multiple Imbalance, Unfinished Business, Prominent Point of Control, Orderflows Ratio. Other software companies have copied our tools and pawned them off as their own, but don't show you how to use them because they just don't understand how to use them. What is the point? If you have tools to analyze the order flow, you also need to learn how to apply them. I show you how to use all these tools in your everyday trading.
New Order Flow Tools
My name is Michael Valtos and since 1994 I have been trading for banks (JP Morgan and Commerzbank) as well commodity trading houses (Cargill and EDF Man) and for myself. While trading for the investment banks I learned how to get information out of the market and how to trade off that information into a profitable position; when there is an opportunity to earn a significant return relative to risk you get into a position. While trading at commodity trading houses I learned to think how commercial end-users think; you are always in a position just by being in that business whether or not you chose to hedge a position in the futures market. While trading for myself I learned to take low risk high return trades; I do not try and capture every random move in the market. What I look for is what I call “Stress Free Trades” which to me are low risk entries that have high profit potential. I have enough stress in my life I don’t want trading to add to it.
A simple, pragmatic approach to trading...
I created Orderflows software which runs on the Ninjatrader platform and combines charting and order flow in a dynamic, real-time way that allows the trader to view the market’s evolving and changing state. Its primary benefit rests in its unique ability to see a clearly who is in control of the market based on market generated information as it happens. If you have ever sat and watched the market trade for an extended period of time you start to see how orders are filled in the market and their impact on market direction. There are aggressive traders and there are passive traders. When you know how to tell the difference between the two types, then you can understand where the direction of the market.
Focusing on order flow changes everything! It is a better way of trading than the popular systems of indicators and messy indecipherable charts. Nothing could be simpler. No need for all those cluttered charts. Stop using charts cluttered with indicators. They are not helping you. They are cluttering up your decision-making process. They don’t even give you current market conditions.
Order flow is not a trading system by itself. Rather the order flow is the analysis of orders being traded as they flow into the market. The Orderflows Trader is software that allows the trader to see what is happening in the market in real-time giving an x-ray view into the market so the trader can see what exactly is happening as it happens. Once a trader understands what is happening in the present, the trader is able to make better decisions about what might happen in the future.
If the market did the same thing everyday, trading would be simple. Think about it, a moving average trading system will generate nice profits in a trending market. But what happens in a sideways market? Traders often give back all their profits and then some because they don't understand that conditions in the market have changed. They just continue doing the same thing that made them money in the past.
Not being able to notice a change in market conditions is what destroys many traders. They think they have come up with a "Holy Grail" trading system that turns the market into their own personal ATM cash machine. But most Holy Grail systems are destined to self-destruct because it is not flexible to market conditions.
If an inflexible Holy Grail system will blow up so will an inflexible trader.
A trader must react and automatically adjust and compensate for changes in market condition. Flexibility is key. Order flow tells you the market's underlying currents. You know that there are days when the market wants to run in one direction and days when the market just wants to rotate back and forth.
In a rotational market, traders sell every rally and buy every dip. This works well until the market starts trending. But a bell doesn't go off and market doesn't announce "I am going to start trending now." It just does it. Traders selling every rally get caught offside and contribute to the rally even more while covering their losses. Then what happens? Market conditions change again and the market starts rotating again. And again, no bells or whistles or announcements to announce this change in market condition. But order flow traders don't need announcements as they are in sync with what the market is doing and how it is doing it.
Think of it! No Calculus. No Lagging Indicators. No Moving Anythings! Orderflows Trader 6.0 offers you a logical, straight forward approach for analyzing the markets that could dramatically improve your trading!
A properly constructed chart consists of volume and price factors, that when combined produce easily identifiable order flow patters that will help you trade with a reasonable accuracy. Additionally, a successful trading plan and money management are better applied when a trader is working with a better designed chart.
With the Orderflows Trader 5.0 you will now be able to decode order flow sequences and how to read them like institutional traders do. You have real time intelligence that is unlimited. You will now have invaluable order flow intel that impacts the market before price even starts moving. You will be ahead of you retail trading competition which gives you a tremendous edge in the market. You will be trading alongside the big institutional traders who are one, two and three steps ahead of the small retail traders.
Most traders are weak on analyzing the present and you have to trade in the present, you still got to get in and get out in real time. So it makes sense to analyze the present as good as you can to qualify better trade locations and most importantly, near term support.
At first, an Orderflows Trader chart looks a little bit overwhelming, but it's really very simple to use. You will soon realize that the Orderflows Trader chart is the most important chart you will ever use.
Focusing on order flow changes everything! It is a better way of trading than the popular systems of indicators and messy indecipherable charts. Nothing could be simpler. No need for all those cluttered charts. Stop using charts cluttered with indicators. They are not helping you. They are cluttering up your decision-making process. They don’t even give you current market conditions.
Order flow is not a trading system by itself. Rather the order flow is the analysis of orders being traded as they flow into the market. The Orderflows Trader is software that allows the trader to see what is happening in the market in real-time giving an x-ray view into the market so the trader can see what exactly is happening as it happens. Once a trader understands what is happening in the present, the trader is able to make better decisions about what might happen in the future.
If the market did the same thing everyday, trading would be simple. Think about it, a moving average trading system will generate nice profits in a trending market. But what happens in a sideways market? Traders often give back all their profits and then some because they don't understand that conditions in the market have changed. They just continue doing the same thing that made them money in the past.
Not being able to notice a change in market conditions is what destroys many traders. They think they have come up with a "Holy Grail" trading system that turns the market into their own personal ATM cash machine. But most Holy Grail systems are destined to self-destruct because it is not flexible to market conditions.
If an inflexible Holy Grail system will blow up so will an inflexible trader.
A trader must react and automatically adjust and compensate for changes in market condition. Flexibility is key. Order flow tells you the market's underlying currents. You know that there are days when the market wants to run in one direction and days when the market just wants to rotate back and forth.
In a rotational market, traders sell every rally and buy every dip. This works well until the market starts trending. But a bell doesn't go off and market doesn't announce "I am going to start trending now." It just does it. Traders selling every rally get caught offside and contribute to the rally even more while covering their losses. Then what happens? Market conditions change again and the market starts rotating again. And again, no bells or whistles or announcements to announce this change in market condition. But order flow traders don't need announcements as they are in sync with what the market is doing and how it is doing it.
Think of it! No Calculus. No Lagging Indicators. No Moving Anythings! Orderflows Trader 6.0 offers you a logical, straight forward approach for analyzing the markets that could dramatically improve your trading!
A properly constructed chart consists of volume and price factors, that when combined produce easily identifiable order flow patters that will help you trade with a reasonable accuracy. Additionally, a successful trading plan and money management are better applied when a trader is working with a better designed chart.
With the Orderflows Trader 5.0 you will now be able to decode order flow sequences and how to read them like institutional traders do. You have real time intelligence that is unlimited. You will now have invaluable order flow intel that impacts the market before price even starts moving. You will be ahead of you retail trading competition which gives you a tremendous edge in the market. You will be trading alongside the big institutional traders who are one, two and three steps ahead of the small retail traders.
Most traders are weak on analyzing the present and you have to trade in the present, you still got to get in and get out in real time. So it makes sense to analyze the present as good as you can to qualify better trade locations and most importantly, near term support.
At first, an Orderflows Trader chart looks a little bit overwhelming, but it's really very simple to use. You will soon realize that the Orderflows Trader chart is the most important chart you will ever use.
What Makes Orderflows Trader 6.0
Such A Game Changer For Traders?
Such A Game Changer For Traders?
Many of Orderflows Trader 6.0's incredible features
are proprietary and “first-to-market”!
are proprietary and “first-to-market”!
19 Plottable Order Flow Analysis Indicators.
In addition to the 3 new order flow delta analysis tools Orderflows Trader that will open your eyes to what is really happening in the market.
Take A Look...
Your Charts Now Come To Life...
Orderflows Trader 6 is a colorful representation of what is taking place in the market.
Researchers at 3M Corporation found that the brain process visuals 60,000 times faster than text. Further studies find that the human brain deciphers image elements simultaneously, while language is decoded in a linear, sequential manner taking more time to process. So it makes sense to make the chart as visual as possible to make analysis as quick as possible.
Researchers at 3M Corporation found that the brain process visuals 60,000 times faster than text. Further studies find that the human brain deciphers image elements simultaneously, while language is decoded in a linear, sequential manner taking more time to process. So it makes sense to make the chart as visual as possible to make analysis as quick as possible.
The Orderflows Trader allows you to organize data in a way that reveals consistent and predictable market behavior...!
The key elements of Orderflows Trader software are traded price, traded bid volume, traded ask volume over a range, volume or time period. When these elements are displayed in a chart, traders will be able to identify the market’s areas of strength and weakness. Every market moves up or down based on the interaction between supply and demand. Traditional charting techniques or analysis do not accurately allow you to analyze, understand and interpret the fighting forces of supply and demand. Orderflows allow you to dissect the supply and demand balance in real time as it is happening. You will understand which side is in control and be prepared to respond when it changes.
Order flow trading is a universal method of analysis that can be combined with just about any technical study. Technical indicators are based on complicated calculations to manipulate past price activity tend to mask the reality of what is happening in the market. Order flow goes right to the roots of what is happening now and lets you exploit that information for your benefit.
There are basically two types of traders in the market: the big guys and the small guys. You can replace those terms with names such as "Smart Money" and "Dumb Money" or "Institutional Traders" and "Retail Traders." You often hear people say "follow the smart money." Well, it sounds simple, but how can you figure out what the smart money is doing by looking at a normal bar chart? You can't. Order flow makes it very easy for you to determine which side is doing what at that moment by breaking down the volume that is actually being traded in the market.
The real power of Orderflows is that it identifies “hidden” trade locations that can’t be seen using traditional charting techniques. We built our own tools in order to process the order flow as it happens to help find the hidden trade opportunities within a bar. Nothing is more visual and reflects true market sentiment better than the Orderflows chart.
Order flow trading is a universal method of analysis that can be combined with just about any technical study. Technical indicators are based on complicated calculations to manipulate past price activity tend to mask the reality of what is happening in the market. Order flow goes right to the roots of what is happening now and lets you exploit that information for your benefit.
There are basically two types of traders in the market: the big guys and the small guys. You can replace those terms with names such as "Smart Money" and "Dumb Money" or "Institutional Traders" and "Retail Traders." You often hear people say "follow the smart money." Well, it sounds simple, but how can you figure out what the smart money is doing by looking at a normal bar chart? You can't. Order flow makes it very easy for you to determine which side is doing what at that moment by breaking down the volume that is actually being traded in the market.
The real power of Orderflows is that it identifies “hidden” trade locations that can’t be seen using traditional charting techniques. We built our own tools in order to process the order flow as it happens to help find the hidden trade opportunities within a bar. Nothing is more visual and reflects true market sentiment better than the Orderflows chart.
View Order Flow Through Different Views!
Within the Orderflows Trader 5.0 you have your choice of 4 different volume footprint charts:
1. Bid/Ask - This is the standard footprint chart that shows the volume traded on the bid and the volume traded on the offer. The most common form of order flow chart.
2. Delta - View the delta (difference between the volume traded on the bid versus the volume traded on the offer) horizontally. This view allows you to focus on the aggressive trading occurring in the market. The volume traded on the bid side versus the volume traded on the offer side at a price, NOT the two-way auction. This is delta at price.
3. Volume - A different way to view a chart. Shows the total volume at price at each level. The price level with the most volume in the bar is the POC.
4. Diagonal Delta - Plot the delta on your footprint chart based on the two-way auction, the bid versus the offer.
While the Bid/Ask chart is the most common order flow chart used. You have additional choices of viewing what market participants are doing in the market. Traders are finding edges through the order flow delta charts because they are able to pinpoint what the big aggressive institutional traders are doing in the market at any given moment.
Order Flow Gives You An Edge...
Without a doubt, order flow analysis gives you an edge over other traders. While other traders are looking at price bars or candlestick bars with just open, high, low and close, the order flow chart lets you look inside a bar to see when there is aggressive buying or selling taking place while the bar is forming. You can literally be making trading decisions while the bar is forming, thus putting you ahead of other traders who don't yet realize what is happening in the market.
With order flow you can literally see market generated information that is impacting the market before price even starts to move. The markets trade in real time and most traders are very weak in analyzing the present market conditions. You have to trade in the present, you got to get in and get out in real time. So it just makes sense to analyze the present market conditions as best as you can to find better trade locations as well as near term support and resistance levels.
With order flow you can literally see market generated information that is impacting the market before price even starts to move. The markets trade in real time and most traders are very weak in analyzing the present market conditions. You have to trade in the present, you got to get in and get out in real time. So it just makes sense to analyze the present market conditions as best as you can to find better trade locations as well as near term support and resistance levels.
It Is Up To You To Take The Edge!
Orderflows Trader 6.0 Still Has The Order Flow Analysis Tools From The Previous Version Of Orderflows Trader...
1. Delta/Volume Extreme
This will highlight the Delta/Volume field either CYAN for extreme bullish delta or Magenta for extreme bearish delta. This is a measure of Delta/Volume (bar delta divided by bar volume). Default is 25% which means if the bar’s delta is greater than 25% of the bar’s volume it is a sign of strong aggressiveness. If the Delta field is green or red, it is considered normal trading conditions.
You can adjust the threshold based on the market you are trading. You can also adjust the colors.
You can adjust the threshold based on the market you are trading. You can also adjust the colors.
2. Delta Extreme
Identify when aggressive buying is at its most strongest, either positive or weak. This is a great sign when a market is about to reverse. When you see extremely strong directional delta come in, it makes for great go with trades.
3. Small Min/Max Delta
When a bar has very little Max Delta that means aggressive buyers never had control of the bar. When a bar has very little or no Min Delta that means sellers never had control of the bar. This information can be helpful in trading because it gives you an idea of which side was more active during that particular bar. Additionally, it can also give you an indication of future market activity. If aggressive buyers were in control during a certain bar, it's likely that they will continue to be in control in the future.
4. Thin Prints
Thin Prints in a bar is a sign of momentum. What is happening is there is very little counter trade in the two-way auction. Similar to a Market Sweep, the difference being a bar can exhibit several thin prints spread out in a bar, while a Market Sweep is looking for activity over a consecutive range.
5. Buying/Selling Tails
When a buying tail appears, it is a sign of passive sellers disappearing on a push down. As a result of the disappearance of passive sellers on the way down, price often reverses back higher leaving the buying tail present. When a selling tail appears, the opposite happened, a passive buyers disappeared on a push up. The lack of supportive buying on the push up results in price reversing back down leaving the selling tail present. You also have the ability to draw out the zone of the buying tail or selling tail until tested. More on until tested zones a little later. But briefly, I look for long until tested zone to get blown through.
6. Prominent POC In Trends
We made is the Prominent POC more flexible by giving you the ability to disable the lookback. So now a trader can utilize Prominent POCs in other locations other than swing highs or swing lows. You can now see Prominent POCs just after the move begins and in the middle of the moves, if they are any present.
7. Enhanced Market Exhaustion Zone
We have enhanced the ability to analyze Market Exhaustion levels by allow you to extend the Market Exhaustion level out until they are tested again. Market Exhaustion occurs when traders are no longer interested in transacting at higher or lower prices. Buying or selling has essentially dried up. When there is a 2nd attempt at these key levels a trader needs to be aware that earlier these levels were rejected by lack of buying or selling. If order flow is heavy going into the level, there is a strong chance the market will blow right through there.
8. Enhanced Orderflows Sequencing Zones
Now you have the ability to draw out zones until tested with Orderflows Sequencing. When Orderflows Sequencing appears, it is the result of resting liquidity in the order book being taken out. The market likes to retest areas of previous liquidity. Sometimes it holds, other times it fails. When these level hold, they often hold to the very tick resulting in very tight stops, like 1-4 ticks, with 10x-20x potential profits. Trade Orderflows Sequencing levels to be tested and the market to bounce from there.
9. Enhanced Value Area Zones
A new feature we added is being able to draw an until tested zone with Value Areas. This is an important feature. Value represents volume. Value Areas that are not traded into in the next bar often present great buying or selling areas. Value Areas are market generated information in its purest sense. Markets are always searching for value, either moving away from value or returning to value. If you ever wondered why a market reverts back to a particular level, it is often due to the market trading back to its previous value. When you add these zones to your chart, market reversals finally make perfect sense.
10. Enhanced Inverse Imbalance Zones
Until tested zones with Inverse Imbalance. Now you can draw out until tested zones with Inverse Imbalances. When an Inverse Imbalance occurs, it is a sign of trapped traders. Sometimes the levels are never retested in the same day. However, I like to look see these previous areas because they are previous breakout attempts. These are some of the best “go with” trades. Inverse Imbalances occur more in volatile markets, particularly NQ, MNQ, YM, MYM. They do appear in other markets but much less frequently.
11. Tick Aggregation
This is specific for NQ, MNQ and Crypto traders. For other markets you would not use this feature unless you were looking at a daily chart. What Tick Aggregation does is it lets a user group price levels together to fit on your screen. If you are analyzing cryptocurrency using the free Coinbase feed, you may or may not have realized that many cryptocurrency trades in millionths. In other words, the minimum tick size is $0.000001. Remember, technically you can buy $1.00 worth of BTC. So say you want to buy $1 of BTC when it is trading $40,000 that would be 0.000025 of BTC and would register on the exchange as a trade. The exchange will actually put the data out as a trade at $39,999.999999. If we did not aggregate the ticks, the charts would be impossible to read. Tick Aggregation is also useful in NQ and MNQ which has very big intraday ranges. If you are looking at a 1 minute NQ chart you know that you can’t fit a footprint chart on your screen at times, especially when the market puts in a 50 point range in 1-minute. Now, by aggregating the ticks, by say 4 which is 1 point or 8 which is 2 points, it becomes easier to read.
12. Shorten Big Numbers
Shorten Big Numbers is specific to cryptocurrency. If you have ever looked at a footprint chart of crypto it plots the trades in Satoshi. Most traders don’t realize that and most probably don’t care. But being a perfectionist and a trader, I find it easier to know exactly how many BTC traded or how many DOGE traded or how many ETH traded. It is easier it read a chart and know 9.1 BTC traded as opposed to a large number of 901M.
13. Market Sweep Detector
The Market Sweep Detector shows you areas where a sweep likely occurred. A sweep in the market occurs when a big trader buys or sells through several price levels in one click. For example, the market is 11 bid / 12 offer. A trader has 700 contracts to buy, he knows his buying will move the market and more importantly he knows the market is getting ready to move higher. So he enters his entire size to buy 700 contracts up to 15. He takes out the 12's, the 13's, the 14's and 15's. If he is not filled, then the balance of his order is working as a 15 bid. A Bullish Market Sweep will be drawn in a zone in dark green color. A Bearish Market Sweep will be drawn in a zone in dark red. These are areas of aggressive market directional trading.
14. Market Weakness Detector
The Market Weakness Detector shows you areas where the market is exhibiting market weakness after a move up which sets the market up for a potential sell off or market weakness after a move down which signals the selling pressure moving the down is weakening and the market is setting up for a potential rally.
15. Orderflows Sequencing
Orderflows Sequencing occurs when the depth of the market is solidified and the market trades through it. A solidified order book is one which has more volume at each level either on the way up or the way down. Often times the order book has thin spots in it; levels a smaller amount of working orders around it. Please note these are orders that actually trade and get filled. Orders that are entered to give an impression of support or resistance and later pulled as the market gets close have no affect. Orderflows Sequencing is only concerned with orders that trade in the market. A Bullish Orderflows Sequencing will print the sequence in cyan color. A Bearish Orderflows Sequencing will print the sequence in magenta.
16. POC Slingshot
The POC Slingshot (The Point of Control Slingshot) is a trade setup based on a bar's Point of Control in relation to order flow and price action. It signals a potential directional move. A Bullish POC Slingshot will color the POC of the bar green. A Bearish POC Slingshot will color the POC of the bar red. If there is a Slingshot POC and a Prominent POC in the same bar, the Slingshot POC will take precedence over the Prominent POC and color it either green for bullish or red for bearish.
17. Value Area
The Value Area is where 70% of the volume trades in a bar. This is the Value Area for the individual bar. Knowing where the Value Area is on a bar by bar basis understand the order flow better. You can see if traders are accepting or rejecting current value. Individual bar Value Area allows you instantly recognize when volume, and not just price, is migrating higher or lower. When used with traditional forms of technical analysis such as Bollinger Bands or Keltner Channels you will be amazed at how market turning points become much more clear. The Value Area in a bar will be green for up bars and red for down bars. Doji candles are still gray. You can adjust the colors however you want them.
18. Engulfing Value Area – EVA
The Engulfing Value Area occurs when the current value area engulfs the previous bar's value area. This is significant because it the result in a significant shift in value. What happens is the current bar trades decent volume out of value, then trades through the entire value area and closes on the other end of value. A Bullish Value Area EVA will print blue on the chart. A Bearish Value Area EVA will print red on the chart.
19. Inverse Imbalance
A sign of trapped traders in a bar. Similar to an Imbalance Reversal but different. A Bullish Inverse Imbalance will print a blue zone on the chart. A Bearish Inverse Imbalance will print a red zone on the chart.
20. Orderflows Ratios
Orderflows Ratios analyze the order flow in a bar help you determine if there was price rejection in a bar, a Ratio Bounds High. Or, if there was price defense in a bar, a Ratios Bounds Low. The Orderflows Trader software calculates an Orderflows Ratio for each bar and prints it below a green up candle or prints it above a red down candle. When an Orderflows Ratio is bullish or bearish it will print in blue color for bullish ratios and red color with bearish ratios. Bars with normal order flow will print the ratio in regular black color. When the first version of Orderflows Trader was released in 2015, many other order flow software reversed engineered it and added it to their software. The problem was while it was available in their software, without knowing why it is important and how to apply the ratios they are not really useful. As the originator, the trader who trades with these ratios, I teach you how to properly apply them to your order flow analysis.
21. Orderflows Delta Divergence
A delta divergence occurs when price and delta diverge. When the market makes a new or equal high on negative delta that is a delta divergence. When the market makes a new or equal low on positive delta that is a delta divergence. An Orderflows Delta Divergence takes the delta divergence a step further and uses price action to confirm the delta divergence. A Bullish Orderflows Divergence will color the bottom 2 price levels gold color and the top 2 price levels of the bar gold. You can adjust the colors.
22. Exhaustion Print
Exhaustion prints show when the last buyer has bought in an up move or the last seller has sold in a down move. The buying is exhausted on the move up, there is no more interest is buying and the market will generally naturally drop. Conversely, in a move down, when the selling is exhausted, there is no more selling interest and the market will begin to rise as the buyers clearly outnumber the sellers. A Bullish Exhaustion Print will have a green box drawn on the volume of bar that exhibits and exhaustion print. A Bearish Exhaustion print will have a red box drawn on the volume of the bar that exhibits an exhaustion print. New addition - you can now draw out a zone from the exhaustion print. In the previous version of Orderflows Trader, we referred to this as Small Digit Prints.
23. Imbalance Reversal
An Imbalance Reversal is a sign of trapped traders in a bar. Traders who are long and wrong or short in the hole. A Bullish Imbalance Reversal will color the bottom 2 bid price light green on the chart. A Bearish Imbalance Reversal will color the top 2 offer prices red on the chart. Knowing where traders are trapped give you an edge over the trapped traders who might not know they are even trapped!
24. Zero Prints
A Zero Print is the result of a fast moving close of one bar and opening of another bar with little two trading, mostly one way trading. This is often the result of market sweep or a big order being aggressively traded in the market. A Bullish Zero Print will color the bottom 2 bid prices on a green bar dark green. A Bearish Zero Print will color the top 2 offer prices on a red candle dark red.
25. Volume Profile
You can display the entire day's Volume Profile, either on the left or right of you chart, or choose not to display it. The Volume Profile has two colors, green and red. The green color indicates the volume traded on the offer - the aggressive buyers. The red color indicators the volume traded on the bid - the aggressive sellers.
26. Stacked Imbalance
A Stacked Imbalance occurs when there are 3 or more imbalances in a bar that are neatly stacked on top of each other. A Bullish Stacked Imbalance occurs when there are 3 or more buying imbalances stacked neatly on top of each other. A Bearish Stacked Imbalance occurs when there are 3 or more selling imbalances stacked neatly on top of each other. A Bullish Stacked Imbalance will print out a green zone on your chart and is a support area. A Bearish Stacked Imbalance will print out a red zone on your chart and is a resistance area.
27. Multiple Imbalance
When there are 3 or more imbalances in a bar in the same direction that are not stacked neatly on top of each other is referred to as a Multiple Imbalance Bar. The difference between a bar with Multiple Imbalance and a bar with a Stacked Imbalance is the imbalances are spread out throughout the bar. Traders often overlook these bars because most traders are only taught to look for Stacked Imbalances. When you see a bar with Multiple Imbalances it shows that traders are directionally aggressive and when you apply the Multiple Imbalances to market context you can pick up shifts in market conditions much earlier than other trader who are not using order flow. Up Bars with Multiple Imbalances have a blue box around the bar. Down Bars with Multiple Imbalance have a red box around the bar.
28. Unfinished Business
Unfinished Business occurs when there is an unfinished auction at the bottom of a down red candle or the top of an up green candle. The market will often "finish" the auction meaning it will trade back to that level, sooner rather than later. Many traders use levels of Unfinished Business as price targets. A Supportive Unfinished Business level will print a red dashed line. A Resistant Unfinished Business level will print a green dashed line.
29. Prominent POC (Point of Control)
Every bar has a Point of Control which is the price level in a bar where the most volume traded. However, when taken in market context, certain Point of Controls signal support or resistance based on market generated information which is one of the reasons why analyzing order flow is so powerful and necessary. A Bullish Prominent Point of Control is printed in cyan color (a light blue color) for the Point of Control for easy identification. A Bearish Prominent Point of Control is printed in magenta color (a light purple color) for the Point of Control for easy identification.
"Everything should be made as simple as possible, but not simpler... "
Albert Einstein was not a trader, but if he was alive today, who knows, he might be hired by some algo trading hedge fund. One of his famous quotes was "Everything should be made as simple as possible, but not simpler." As a trader, that is what you need to do, keep things simple. A big problem beginning traders face is they over complicate trading. An order flow chart keeps things simple for the trader. You are not looking at 10 different conflicting indicators. Everything you need to know about the market, the participants, the trend, and much more is contained in the order flow chart. Once you understand how to read it, understanding the market doesn't get any more simple.
Albert Einstein was not a trader, but if he was alive today, who knows, he might be hired by some algo trading hedge fund. One of his famous quotes was "Everything should be made as simple as possible, but not simpler." As a trader, that is what you need to do, keep things simple. A big problem beginning traders face is they over complicate trading. An order flow chart keeps things simple for the trader. You are not looking at 10 different conflicting indicators. Everything you need to know about the market, the participants, the trend, and much more is contained in the order flow chart. Once you understand how to read it, understanding the market doesn't get any more simple.
Stop Wasting Your Money Searching For A Holy Grail...
It's time to stop flushing your money down the toilet on trading systems that don't work. Do you really think you can buy a trading system for $99 and turn your computer into a cash machine? Wake up and face reality. Everyone wants to make money trading but most people don't want to take the time to learn how to trade. Losing traders just want a system that is going to tell them to buy here or sell there.
I have been fortunate to work with some of the biggest and best traders in the world and one thing that they all have a solid trading methodology. They don't change their way of trading based on the next shiny trading object object that comes out.
Order flow is the key to understanding what is happening in the market. For many traders order flow is the missing link from trading being a break even venture to a profitable business because it teaches them to read the market and become a trader.
It's time to stop flushing your money down the toilet on trading systems that don't work. Do you really think you can buy a trading system for $99 and turn your computer into a cash machine? Wake up and face reality. Everyone wants to make money trading but most people don't want to take the time to learn how to trade. Losing traders just want a system that is going to tell them to buy here or sell there.
I have been fortunate to work with some of the biggest and best traders in the world and one thing that they all have a solid trading methodology. They don't change their way of trading based on the next shiny trading object object that comes out.
Order flow is the key to understanding what is happening in the market. For many traders order flow is the missing link from trading being a break even venture to a profitable business because it teaches them to read the market and become a trader.
What Is The Orderflows Trader Software?
In the past, some of the best order flow traders were the pit traders. Why? Because they could see the flow of orders coming into the market from the brokerage houses, being filled and see what came next, was there more buying or selling. Now, the open outcry trading pit are closed and all the trading is done on computers. However, traders have come to realize that most of that information is available to the trader in its raw format.
The Orderflows Trader software takes the raw data of volume traded on the bid and volume traded on the offer and organizes it into an easy to understand chart for quick analysis. By combining price with bid/ask traded volume a trader has the best information possible for short term price movements. By seeing the volume traded on the bid and offers you will see clear clues as to whether the market is strengthening or weakening. With better organized price and volume information you will uncover profitable trading opportunities.
In the past, some of the best order flow traders were the pit traders. Why? Because they could see the flow of orders coming into the market from the brokerage houses, being filled and see what came next, was there more buying or selling. Now, the open outcry trading pit are closed and all the trading is done on computers. However, traders have come to realize that most of that information is available to the trader in its raw format.
The Orderflows Trader software takes the raw data of volume traded on the bid and volume traded on the offer and organizes it into an easy to understand chart for quick analysis. By combining price with bid/ask traded volume a trader has the best information possible for short term price movements. By seeing the volume traded on the bid and offers you will see clear clues as to whether the market is strengthening or weakening. With better organized price and volume information you will uncover profitable trading opportunities.
Don't Make The Same Mistakes Of Losing Traders...
The problem for many losing traders is they rely on price based indicators to predict what the market is going to do. When you look at their screen it is littered with moving averages, MACD, RSI, stochastics, etc. These indicators are all correlated and don’t add any new insight into what is driving the market. They are only looking at price and massaging it into another number.
The problem for many losing traders is they rely on price based indicators to predict what the market is going to do. When you look at their screen it is littered with moving averages, MACD, RSI, stochastics, etc. These indicators are all correlated and don’t add any new insight into what is driving the market. They are only looking at price and massaging it into another number.
Plus... Act Now To Grab The Following
BONUSES
For Even Better Results
BONUSES
For Even Better Results
The Orderflows Trading Course is a unique home study video course designed to provide you with a complete education of Order Flow Analysis of Futures Markets: to help you understand a footprint chart, areas of price rejection, where strong volume is appearing, how to find hidden trade opportunities and much more. It is the only complete, accurate stand alone course on Order Flow Trading developed by a trader for traders.
Order Flow Trading Course
Lifetime Access To The Order Flow Trading Course - Normal Price $297. Yours Today For FREE!
The Order Flow Trading Course provides you with an opportunity to:
• Learn to use one of the most powerful trading tools.
• Learn how to identify high probability trading opportunities.
• Learn to understand how each day's highs and lows are built and traded.
• Learn to interpret market imbalance developments.
• Learn to quickly read the order flow chart and identify market direction.
• Learn to trade the different types of Price Developments in the market.
• Learn to quickly identify trends and join them as soon as they begin.
• Learn to identify whether sellers or buyers are in control.
• Learn how to understand why the market behaves the way it does.
• Learn to identify when prices are accepted or rejected by the market.
• Learn how valuable order flow information can be combined with traditional technical analysis for maximum gains.
The Order Flow Trading Course provides you with an opportunity to:
• Learn to use one of the most powerful trading tools.
• Learn how to identify high probability trading opportunities.
• Learn to understand how each day's highs and lows are built and traded.
• Learn to interpret market imbalance developments.
• Learn to quickly read the order flow chart and identify market direction.
• Learn to trade the different types of Price Developments in the market.
• Learn to quickly identify trends and join them as soon as they begin.
• Learn to identify whether sellers or buyers are in control.
• Learn how to understand why the market behaves the way it does.
• Learn to identify when prices are accepted or rejected by the market.
• Learn how valuable order flow information can be combined with traditional technical analysis for maximum gains.
This information builds on what is taught in the Order Flow Trading Course. Think of it this way...The Order Flow Trading Course is like a university level 101 class. This Inner Circle Video Club is like a university level 401 class.
The Orderflows Inner Circle Video Series
Access To The Orderflows Inner Circle Video Series - Normal Price $497. Yours FREE!
There are 56 recorded videos on a variety of order flow topics:
Delta
POC
Imbalances
Unfinished Business
Breakouts
Swing Trading
Hidden Aggression
Double Tops (one of my personal favorites)
Declining Volume
And much, much more...
There are 56 recorded videos on a variety of order flow topics:
Delta
POC
Imbalances
Unfinished Business
Breakouts
Swing Trading
Hidden Aggression
Double Tops (one of my personal favorites)
Declining Volume
And much, much more...
Each Tuesday night at 7pm Central Time, you are welcome to join in my weekly live group training session for users of Orderflows Trader. The only way to get access to this group is by being a user of Orderflows Trader. These sessions last about an hour and covers various topics of order flow and will help you to understand the software better as I show you what how to use it more efficiently.
Live Weekly Training Session
Weekly Live Order Flow Group Training Sessions - Not Available To Other Traders. Yours FREE! Over 180 recorded sessions. I have been doing these sessions for three years for Orderflows Trader users.
We want you to succeed in trading. That is why we offer so much more training in addition to software. The key is for you to understand and trade with order flow. We created Orderflows Trader and our training as a result of a need to centralize the knowledge we have been sharing publicly about trading with order flow.
You can spend the next year and a lot of money trying to learn how to trade order flow on your own with a lot of tears and frustration. Or you can spend the next couple of weeks and get it. Imagine being in line at Disneyland and Mickey Mouse comes up to you and offers you a chance to jump to the front of the line? What would you do? Say no and continue to stand in the hot sun or jump ahead of everybody else? The choice is yours. Get started now.
The weekly live group training sessions are recorded, so if you can't attend you can watch the replay.
We want you to succeed in trading. That is why we offer so much more training in addition to software. The key is for you to understand and trade with order flow. We created Orderflows Trader and our training as a result of a need to centralize the knowledge we have been sharing publicly about trading with order flow.
You can spend the next year and a lot of money trying to learn how to trade order flow on your own with a lot of tears and frustration. Or you can spend the next couple of weeks and get it. Imagine being in line at Disneyland and Mickey Mouse comes up to you and offers you a chance to jump to the front of the line? What would you do? Say no and continue to stand in the hot sun or jump ahead of everybody else? The choice is yours. Get started now.
The weekly live group training sessions are recorded, so if you can't attend you can watch the replay.
Plus... Act Now To Grab The Following
BONUS
For Even Better Results
BONUS
For Even Better Results
The Orderflows Playbook
Access to the Order Flow Playbook Trading Course.
Normal Price - $297
In The Order Flow Playbook I discuss the how to trade order flow in terms of market structure and and determining current market conditions based on the order flow which will help you improve your trading results.
But let's face it, without knowing what to look for in the order flow you will just be wasting your time until you do figure out what to look for. That is why I break down and explain 10 different order flow trade setups.
Normal Price - $297
In The Order Flow Playbook I discuss the how to trade order flow in terms of market structure and and determining current market conditions based on the order flow which will help you improve your trading results.
But let's face it, without knowing what to look for in the order flow you will just be wasting your time until you do figure out what to look for. That is why I break down and explain 10 different order flow trade setups.
Imagine organizing and analyzing market data that 98% of the trading world is not using in their analysis....do you think you would have an edge over other traders?
You aren’t going to become a successful trader by trial and error. It’s almost impossible to learn that way, unless you want to have a very expensive education. You may already be aware of that, having learned the hard way.
There is just too much involved for trial and error to work. You need something that gives you an edge over the rest of the traders out there. Trying to “figure it out on the fly” is too risky. It’s unlikely that you’ll succeed if you have to keep reinventing the wheel. And there is no way to succeed if every lesson learned from trial and error costs more of your trading capital.
You need to learn how to trade based your understanding of the market, not because one squiggly line crossed another squiggly line. Become a trader, not a trade taker.
The software runs on the NinjaTrader trading platform which you can download for free at ninjatrader.com (yes, it will run on the free version too).
There is just too much involved for trial and error to work. You need something that gives you an edge over the rest of the traders out there. Trying to “figure it out on the fly” is too risky. It’s unlikely that you’ll succeed if you have to keep reinventing the wheel. And there is no way to succeed if every lesson learned from trial and error costs more of your trading capital.
You need to learn how to trade based your understanding of the market, not because one squiggly line crossed another squiggly line. Become a trader, not a trade taker.
The software runs on the NinjaTrader trading platform which you can download for free at ninjatrader.com (yes, it will run on the free version too).
Stop Doing What Doesn't Work. The Overwhelming Majority Of Traders Lose Money. Why? Because They Are Too Focused On Price And Don't Understand Why The Market Is Moving. Once You Understand Order Flow You Understand And Anticipate What The Market Will Do Next. Trading Becomes A Lot Less Stressful!
ORDERFLOWS TRADER 6.0
TOOLS & EDUCATION
AT A SPECIAL PRICE!
TOOLS & EDUCATION
AT A SPECIAL PRICE!
For a one-time payment of just $999 you get lifetime access to: Orderflows Trader
Access to The Order Flow Trading Course
Access to the Orderflows Inner Circle Video Series
Access to our Weekly Live Group Trainings
Access to the Orderflows Playbook Trading Course
Access to The Order Flow Trading Course
Access to the Orderflows Inner Circle Video Series
Access to our Weekly Live Group Trainings
Access to the Orderflows Playbook Trading Course
Frequently Asked Questions And Answers
What software do I need to run Orderflows Trader?
Orderflows Trader 6.0 runs on the FREE as well as PAID version of NinjaTrader 8. You can download it from Ninjatrader.com
What data provider should I use?
I feel the best data provider that works with NinjaTrader and Orderflows Trader is Kinetick or a trading feed from your broker. However you can use your existing NinjaTrader data feed of CQG, IQ Feed, eSignal, etc.
Does Orderflows Trader 6.0 run on NT7?
No. The Orderflows Trader for NT8 is specifically designed to run on NT8 and take advantage of the framework of NinjaTrader. If you are using NT7, it is time to switch to NT8.
Can I use the Orderflows Trader on 2 different computers?
The license for the Orderflows Trader is PC specific. For example, if you want to run the Orderflows Trader on your PC at work and PC at home, that would require 2 licenses. If you need additional licenses we do offer them at reduced prices. However, if you want to run the Orderflows Trader on different computers, I suggest you get a VPN that you can log in from PC and access your Orderflows Trader from anywhere in the world.
Does the Orderflows Trader use tick replay or up/down tick?
Orderflows Trader lets you use either one. The default is set to tick replay, but you can switch to up/down tick if you so choose.
Orderflows Trader 6.0 runs on the FREE as well as PAID version of NinjaTrader 8. You can download it from Ninjatrader.com
What data provider should I use?
I feel the best data provider that works with NinjaTrader and Orderflows Trader is Kinetick or a trading feed from your broker. However you can use your existing NinjaTrader data feed of CQG, IQ Feed, eSignal, etc.
Does Orderflows Trader 6.0 run on NT7?
No. The Orderflows Trader for NT8 is specifically designed to run on NT8 and take advantage of the framework of NinjaTrader. If you are using NT7, it is time to switch to NT8.
Can I use the Orderflows Trader on 2 different computers?
The license for the Orderflows Trader is PC specific. For example, if you want to run the Orderflows Trader on your PC at work and PC at home, that would require 2 licenses. If you need additional licenses we do offer them at reduced prices. However, if you want to run the Orderflows Trader on different computers, I suggest you get a VPN that you can log in from PC and access your Orderflows Trader from anywhere in the world.
Does the Orderflows Trader use tick replay or up/down tick?
Orderflows Trader lets you use either one. The default is set to tick replay, but you can switch to up/down tick if you so choose.
Some may ask why share it, why not trade it?
My answer - "Why not do both?" I trade my own account using the Orderflows Trader and its tools. Traders have been asking me to show them what I use to trade the markets, so I have made it easy for them by programming my tools.
Is the Orderflows Trader the same as the Orderflows Toolkit available on the paid version of NinjaTrader 8?
No, it is separate and different. The Orderflows Toolkit that comes with the fully paid version of NinjaTrader 8 is just the basic footprint chart. The Orderflows Trader is like having an order flow trader showing you areas of interest in the order flow.
Do you offer a free trial?
No, we do not offer a free trial.
Are there any monthly or yearly fees?
No. When you get access to the Orderflows Trader 3.0 it is a lifetime license. You only pay once for all the features. There are NO monthly or yearly fees.
My answer - "Why not do both?" I trade my own account using the Orderflows Trader and its tools. Traders have been asking me to show them what I use to trade the markets, so I have made it easy for them by programming my tools.
Is the Orderflows Trader the same as the Orderflows Toolkit available on the paid version of NinjaTrader 8?
No, it is separate and different. The Orderflows Toolkit that comes with the fully paid version of NinjaTrader 8 is just the basic footprint chart. The Orderflows Trader is like having an order flow trader showing you areas of interest in the order flow.
Do you offer a free trial?
No, we do not offer a free trial.
Are there any monthly or yearly fees?
No. When you get access to the Orderflows Trader 3.0 it is a lifetime license. You only pay once for all the features. There are NO monthly or yearly fees.
Copyright 2022 | Orderflows.com | All rights reserved
Disclaimer
All Rights Reserved. Reproduction without permission prohibited. All of the foregoing is commentary for informational purposes only. All statements and expressions are the opinion of Orderflows.com and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. The information presented herein and on our web site has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. Estimates, assumptions and other forward-looking information are subject to the limits of forecasting. Actual future developments may differ material due to many factors.
CFTC Rules 4.41:
Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Disclaimer:
This presentation is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
©Orderflows.com
CFTC Rules 4.41:
Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Disclaimer:
This presentation is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
©Orderflows.com
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