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REQ- Please educate this great indi---Order Flow Oscillator


Alexxx76

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Howdy azimyt--Here is what I have from gorbat(THANKS!!)--

just import normally into NT7--

tested NT7V31-Win10--worked--keep in mind is a real-time indi---tested on live data and worked---did not test mkt replay--does not plot on historical data--

Hope Helps--

Have A Great One!!

 

https://www.sendspace.com/file/aec998

 

https://www.forexupload.com/2Yu

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  • 3 months later...
Howdy azimyt--Here is what I have from gorbat(THANKS!!)--

just import normally into NT7--

tested NT7V31-Win10--worked--keep in mind is a real-time indi---tested on live data and worked---did not test mkt replay--does not plot on historical data--

Hope Helps--

Have A Great One!!

 

https://www.sendspace.com/file/aec998

 

https://www.forexupload.com/2Yu

 

 

Hi newbie0101,

 

I tried to download from forexupload but websiste asked me for a password protect file.

Can you upload again to sendspace, please ?

Thanks a lot for your help

 

Regards.

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  • 11 months later...
Could someone, reup this indi, pleaseee ?

Thanks a lot in advance.

 

Well this indicator has been around already for a few years, but Whitmark has not updated it with any new upgrade.

Here is the educated WMOrderBookOscillator that I uploaded recently to sendspace.

Download Page Link

https://www.sendspace.com/file/9sk3u8

(Import the zip,as per normal)

 

It really is a useful indicator to confirm long or short entries with the cumulative bid/ask ratio methodology.One thing you have to understand about it is that it is a real time indicator,so you will need data from your datafeed provider on the chart for it to start working,and the OBO cannot be backtested and the plotted values will be erased when the chart is reloaded.Those are the inconveniences when dealing with a real time indicator.Also many have PMed me and asked me about the various numbers that appear below the bottom right of the chart above the OBO panel.

Generally speaking, when the histogram plot is up and colored light blue/blue (and the text ratio is positive and colored green) the price action is likely to move up and when the histogram plot is down colored red/maroon (and the text ratio is negative and colored red) the price action is likely to move down.

What I find strange is that there are very few instruction videos on the OBO in Youtube.Indeed there is practically nothing on video instruction for the OBO,so please go to the link below and watch the embedded video instruction on their website.

http://whitmarkdevelopment.com/order-book-oscillator/

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