dennyyusuf

The indicator shows the cumulative ratio of LIMIT orders.
 
For 6E a ratio of 1.5 announce an imminent short term reversal (limit orders barrier) of 10-15 pips.
Track the ratio at recent HH or LL.
 
Don't use the ratio on news when the market is conducted by market orders.
 
4-500 orders on a single level on 6E (and a total ratio > 2) means a potential strong reversal with an error of 3-4 pips.

Hello ALL
 
For me I think we already have the best order flow indicator available--that is the OFA.. Each OFA bar will print a summary of activity for that bar either above(log bar) or below(short bar) The summary includes a COT number. I have found that a negative COT number on an Up bar is a good sign for reversal-- and vice versa. Ill try to make and post some screenshots next time

http://www.5endspace.com/file/as5yeq

thankyou verymuch abduul for the indicator.. But we're looking for the bootcamp or the videos training.
Btw, have u tried this indicator ? I have ofa indicator but mine doesnt work with marketreplay data..
Regards,
Denny

I am interested, too

http://[email protected]/file/866pzm
@=a
 
Good luck :)

Thanks Jane, well demonstrated. However, I would like to know 'WHAT' you call a signal on chart? If it is Navi Trend's HH Green Diomond at 50% FR (Confluence of Pivot & FR), where to put short entry order?
 
San

Going to post few examples that will help in maintaining profitability using this method.
Here is a devastating area, if you traded this on friday for almost 20 minutes you would LOSE so much that by 10:10 am you gonna be puking and sick to the bottom of your heart blaming the market, the feds, the automated trading computers and everything else BUT YOURSELF lol. ( sorry just going back in memories... ).
If you used ANY software that is being sold in the market your entries would be delayed- and by the time you went long its time to short etc.
SO HOW DO WE AVOID SUCH A DISASTER ?
So lets take it apart and go through each of the solutions.
1)- as yamantak instructed- go only in the ma direction- so this will save you the agoing of going long and lose.
2)-here is my solution (that is for you GAVESTO- we are waiting for the indicator that will do that automatically )- DO NOT TAKE AN ENTRY UNLESS YOU COUNT AT LEAST A CERTAIN AMOUNT OF BARS BETWEEN THE LEGS.
 
This is something that you wont find in any book or any guru's bible- they all use ATR and space industry sophisticated indicators that by the time they tell you we are copping around oh well- its too late lol.
so just look how the item you trade is behaving- count the bars between green and red and find out what is the safest for an entry- meaning- you wont go long on an upward market UNLESS you got a retracement of at least xxx red bars. very simple and easy to understand and execute.
3)- this is the way i trade so you can take it or leave it lol.
i hardly use any indicators and if i do its just for fun or for visual confirmation. ENTER ONLY IF YOU GOT THE SIGNAL AT A PERFECT FIB LEVELS NOT AHEAD AND NOT IF THEY WERE BREACHED.
again- you will not find that anywhere so treat this is precious information and use it .
lets look at friday- i KNEW that i am looking to short- BUT.... once we got to the 38 i did not get a signal - look at the chart- SO I WAITED FOR A SIGNAL AT THE NEXT LEVEL WHICH WAS 50.
once i got the signal i shorted with a small stop above last high. i expected a much lower move but as i saw that we have a 1 tick diversion between the two bottoms and we got a higher low around 10:08 i just got out with a profit. as for the noise- I DID NOT CARE ABOUT IT- i had my stop above at 67.5 and each time we got a new pivot high i lowered my stop one tick above.
Hope that helps.
Traderbeauty-Jane
 
http://i.imgur.com/2h1r4ey.jpg

ok so here is my opinion regarding the renko spectrum - old vs new.
first- i want to make sure that i am referring to the right new one- according to what i see - its name is Rjay Renkospectrum 2.0 PSSC - so please let me know if that is the new one .
I checked and compared them both and i am favoring the old one. its smoother and easier to the eye.
As per bars which is the most important fact for me - meaning red or green - they are THE SAME, meaning - you have the same bar color on both and this is - at least for me the most important thing. if i am long i will trail my stop using the renko- it works great on the ES at least and there is not reason to exit unless there is a red renko spectrum bar.
But here is the SECOND most important issue for everyone that is using the navi signals- THE NEW RENKO SPECTRUM IS FIRING MORE SIGNALS AND MOST OF THEM ARE LOSERS with not justification.
So bottom line- stick to the old renko spectrum- its very good and it aint broken lol so dont fix it.
Hope that helps.
Traderbeauty-Jane

Hi everybody,
I created a chart template with your indications, in order to semplify the setting work to everybody...
I added only: RTH session pivots, current and prior days OHLC and grey background (to relax eyes :-))
 
I post a screenshot and download links (for template and used indicators)...
Do not give importance to hours in the graph (here is GMT+1 then -6h from NYC)... Here I put in data series => session template => instrument setting default so in USA you don't have to change session template, but don't worry if OHLC and Pivots here are not correct...
 
 
http://i62.tinypic.com/2cr6afb.jpg
 
Here you go!
http://www.s€€€€€ndspa@@@@ce.c0000m/file/a51uyi

Working on it

Hi yamantaka--Hope all is well
 
http://www.sendspace.com/file/1tp641
 
Have a great one!

sure- will do that later- will also plot few chart examples from friday.

Renko Spectrum 2 is more accurate than renko spectrum for back testing strategy. Spectrum 2 shows the actual price movement using wicks, that's the difference.
Thanks,

http://i138.photobucket.com/albums/q268/allseeingeyess/ofa-ninja1gk-is-193_zpsece9e7af.png
 
Experience OFA - Boot Camp Training is a serious course for serious students only. You will be getting the same training I provide to firms and HNWI when I work with them on location.
 
The course is designed to rapidly force you into absorbing the most critical aspects of successful Order Flow trading without any fluff. I will be pulling back the curtain to show you exactly how I trade with OFA, what settings I use and the parts which I do not use at all. There will be very little (if any) theoretical or foundational discussion. We will be focused on process. This is called "boot camp" because I intend to tell you what you need to know to survive - just as you would expect in a military boot camp.
 
The objective is simple. I will provide you with the tools and process by which to use them successfully. The focus will be the ES, structure charts, OFA charts and VCA. The concepts can be applied to any instrument - however we will not be discussing any other instruments. This is in the interest of time and process - no exceptions.
 
I will also be showing you my private (not for sale) Sentiment Projection indicator. **All attendees who own OFA/Ninja + VCA will receive my private indicator which I use for directional guidance, entry timing and stop management on OFA charts. It will not be for sale outside of the boot camp because unless you get the training - it will not make any sense.
 
**Note: This does not include monthly licenses. You must OWN OFA/Ninja + VCA because my indicator will not run on the monthly version.
 
While we will cover the process for mapping Momentum & Exhaustion and touch on Stop-Run Analysis - we will not be discussing any other chart type, indicator, pivot, profile or any such tool. This is about OFA. This is about my personal trading process. You will be shown exactly what I do and how I do it. There is no objective to teach things I do not use or which would otherwise be extraneous.
 
 
Sales page: http://[email protected]/english/index.php/education/ofa-boot-camp-training
 
@=a
 
 
http://i138.photobucket.com/albums/q268/allseeingeyess/ofa-experience-finalgk-is-193_zps2b6848d9.png

this bookmap actually seems very nice. Any possibility of educating it?

http://i60.tinypic.com/o7kck0.jpg

http://i57.tinypic.com/2551g5d.jpg

Let's use this thread to post our setups using NaviTrend as the primary input. I want to thank Traderbeauty for opening my eyes to the power of this "indicator" even though we use it a bit differently.
 
Here are my rules for entries on ES. I do trade other instruments but they can move very fast and then getting a fill becomes a challenge. I hope to create an autotrader for this setup when my coder returns from his honeymoon. Until then, I trade it manually.
 
1) Use RJRS 2-1 and the NT default Keltner channel indicator.
 
2) Only take 2 trades in the same direction before a change in direction. ES has a tendency to back and fill and taking more than 2 trades is a stretch.
 
3) Only take Limit or Stop Limit orders. No market orders--you always give up $12.50 in slippage.
 
4) Only take a trade if the 50 SMA confirms the trend and avoid the trade is the 50 is flat. I use the RightLine 50 for this. Red short, green long.
 
5) If the price has moved more than 13 points from the bottom or top use caution in taking the trade as price might be extended. Unfortunately, this calls for discretion.
 
6) Avoid short leg retracements less than 4 ticks.
 
7) Don't front run the painting of NaviTrend triangle unless you know exactly where it will print. Premature entries will get your fingers burned. However, with experience you can trade COBC=False but COBC=True is safer.
 
8) Go all in and all out. In the long term this will be more profitable than scaling and trailing. I take 4 ticks and close the trade. Better to do this and add more contracts as your account grows.
 
9) Don't be a friggin hog. Set reasonable daily profit/loss goals and then STOP FOR THE DAY.
 
 
Happy Muthers Day to all you Muthers.

Found some really good reviews about his Video & PDF educational materials on BMT. Would be nice if someone could share it here.
 
Link: http://www.lepriv@[email protected]/Market-Profile-Education/Volume-At-Price-Education.html
 
@=a
 
Advance thanks !!!
 
Regards,
SA

How about starting a new thread called Navi Trading or similar? TraderBeauty can do a better job then me, but I'd be happy to show how I enter. I have fixed targets/stops and don't use fibs to keep this as simple as possible because I'm not a deep thinker and I don't want my mind to do lots of second guessing.

This movie Provides, - KEYS, Wisdom, & Understanding . From formal Traders who Played the Game.
Recommended for All Traders.
 
Take Notes !!!!!! 8-)
 
http://www.youtube.com/watch?v=tCcxr-fyF4Q

I think all these old timers were good in their days when computers were slow and less powerful, charts were only minutes or ticks, indicators were simple, there was less volume and no computer trading so everything was smoother, at that time you could have worked miracles with plain divergence and momentum.
In today's reality- its just impossible, the moves are unpredictable , sometimes large ones out of the blue and sometimes chop.
As a trader you have to be able to face each type of reality- you cannot end the day losing and blame the market- the market is doing its job which is to hurt you the most- if you lost its your fault.
In order to be successful you need to adapt with no excuses ; otherwise just run back crying to mommy .
I did look into Kase bars - i had to change the timeframe to a minute one because it was not working with renko. I like it- but i was never a big fan of steve nison and his candlesticks method, but i have to say- its really cute.
Bottom line- STICK TO WHAT YAMANTAKA SAID- go with renko spectrum 2-1 , default keltner, and vavi trend set true to bar close.
AND MOST IMPORTANT THING- PLEASE PAY ATTENTION- YOU WILL THANK YOURSELF FOR REMEMBERING THIS:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
 
STAY AWAY FROM SMALL LEGS UNLESS THE TREND IS VERY VERY VERY VERY STRONG.
if the retracement is only few bars and you get a signal-DO NOT TAKE IT,.
Hope it helps.
Traderbeauty-Jane

It's the same old story. Kase has a good reputation and is alleged as a successful trader but she is now peddling her wares to retail traders yet her clientele is institutional. Also, I couldn't help but notice she has nice charts with daily bars and thus isn't really a day trader who is flat at the EOD. At any rate, this isn't my cup of tea so I deleted it from the machine.
 
So far, I've seen nothing that comes close to NaviTrend with RJRS 2-1 and a 50 MA filter for entries on ES, TF, and ZS. 4 tick target on ES and ZS; 5 on TF. It's better than the box.

This guy uses sierra chart and number bars with delta to enter and exit positions, very similar to L2ST method were they look for trapped buyers and sellers at the top or bottom of the number bar. Information is ok for beginners but if you have seen the L2ST videos you probably already know it.