Jump to content

Orderflow Trading


Recommended Posts

DayTraderProfesional - Thank you for the very educational Orderflow coverage you have initiated with the images. Have a question related to the image you have posted in post#44. What are the "circled" areas represent on the chart? On the "delta" portion - one specific bar's Delta is highlighted in Red(as circled) - what's the condition it gets highlighted?

 

Hi @traderJi

 

The blue rectangles shows ratio extrems, the relation between the last 2 tics in the bar on the bid side, in this case the ratio mean rejection. The red rectangle shows a delta reversal pattern. It compares 3 delta bars and if the third bar meet a condition, in this case volume 50% greater than bar 2, then shows the marker.

Link to comment
Share on other sites

  • Replies 118
  • Created
  • Last Reply

Top Posters In This Topic

Hi Kenny123,

 

Yes i used, in many ways but not alone for taking decisions. I like to see big deltas without control on direction and much more if it's the last delta on the move up or down. I call that climatic delta. When i speak about delta, i mean delta bars, not cumulative. There are nothing special in use it, but you can see if buyers are buying, or being absorbed. In the case of the sellers, the same. Normal use, nothing magical, but i like to see it

 

http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/f326e483-a501-4ddb-ac02-54324d02e934/2016-08-06_1539.png

Link to comment
Share on other sites

How to get the Delta indicator shown in Red & Blue for NT7 ? Anyone can pls help?

 

Here https://www.forexupload.com/5C2

There is a GOMI base pack for NT7. Inside there are 5 release, you Must install from 0 to 5 and accept requests from overwriting of indicators.

After you can find this indicator " GomCD "

Set it not-cumulative and after set The grafic thickness bar.

This indicator as Any Other gom indicator record The data bid and ask , so if you refresh The chart do not lost The data.

 

Have a good time bye

Link to comment
Share on other sites

Here is the OrderFlow Delta Surge free indicator. It only works on live not historical data. Place it on a 8-Range chart (ES, NQ, 6B, 6E) and just let it run. You will see the signals. It is pretty good! It placed few winners today for me on NQ if you want to just take 5-6 ticks (TP) with 10 tick SL.

 

https://www.sendspace.com/file/6g07s5

Link to comment
Share on other sites

Here is the OrderFlow Delta Surge free indicator. It only works on live not historical data. Place it on a 8-Range chart (ES, NQ, 6B, 6E) and just let it run. You will see the signals. It is pretty good! It placed few winners today for me on NQ if you want to just take 5-6 ticks (TP) with 10 tick SL.

 

https://www.sendspace.com/file/6g07s5

 

under what name it shows up ?? cannot find it.

Link to comment
Share on other sites

This delta surge calls home a couple of times needs to be cleaned ...

 

You are right orfila, developer has put a little more protection in it but we can do it reading and understanding their traps.

Anyhow, it's done...

 

 

Download Link :-

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

or

https://www.forexupload.com/5C4

 

1. Remove first if you have a trail version or an earlier edu version

 

2. Just import it as usual

 

3. Find in indicator list as Orderflows Delta Surge

 

It's screenshot of my chart with indicator signals

 

http://image.prntscr.com/image/4d07a954a2b342e8b547253ddd40c7d8.png

 

 

Cheers

Link to comment
Share on other sites

With dax is very strange even changing setting signals dont appear

 

Read post #60 by fxknight, signals appear on live chart only and once chart is refreshed, all signals are disappeared. Signals are few not many, to check use it on fast market reply or on live market use fdax 15 second chart.

 

It's live 15 second fdax chart

 

http://image.prntscr.com/image/abc253b99b8f47568b6887dc8133f2d2.png

Edited by bomdila
Link to comment
Share on other sites

Read post #60 by fxknight, signals appear on live chart only and once chart is refreshed, all signals are disappeared. Signals are few not many, to check use it on fast market reply or on live market use fdax 15 second chart.

 

It's live 15 second fdax chart

 

http://image.prntscr.com/image/abc253b99b8f47568b6887dc8133f2d2.png

 

 

Cheers

standard setup? or did you change some?

Link to comment
Share on other sites

  • 4 weeks later...

Here is the free Delta Surge indicator from Mike Valtos of orderflows.com. As Mike says on his site "Introducing the Orderflows Delta Surge indicator which was created to help traders understand and analyse order flow delta. Delta is the difference between the volume traded on the offer minus the volume traded on the bid in a particular bar.

 

Each bar will have a delta number. Delta will either positive or negative and on rare occasions it can even be zero.

There is not much information on trading order flow delta available on the market as most traders aren’t even aware of order flow delta, let alone thought of trading with it.

But delta is a great tool for traders. However like every tool, it has it uses. You can’t build a house with just a hammer, you need other tools to finish the house. Trading is the same way, to survive in the markets you need different tools to be used at different times.

When a trend is healthy, it builds on itself. Volume will increase slowly, as new buyers are drawn into the move.

Delta information used to only be available to order flow traders, however now you can analyze the delta using your favorite bar chart! Think about that

for a minute. Now you can use your own chart with your other indicators and add order flow delta analysis to it. There is no need for you to learn order flow. However I do think to get the maximum out of delta you really should be using an order flow chart because it will allow you to see what the market is doing inside the bar. Order flow gives you a x-ray vision into the bar to see is really happening between buyers and sellers.

 

 

http://www.orderflows.com/deltasurge/index.html

 

This indicator is free but was cleaned by Santoshji (many thanks Santosh).I have also included the Delta Surge User Guide pdf which sould help you with understanding and settings. Zip includes DeltaSurge_edu.zip (can be imported to NT7) and the Delta Surge User Guide. pdf.

 

 

Delta Surge.zip (624.48KB)

Download Page Link

https://www.sendspace.com/file/5avn32

 

Also to aid you in understanding Delta here is a recent Webinar by Mike Valtos on the Delta Surge.

Delta Surge Indicator From Orderflows Free Trading Software For NinjaTrader

Cheers:)

Link to comment
Share on other sites

Hallo stevemoore. I see a lot of popularity for Order Flow Trading methodology and would like to learn it properly. I was thinking if you happen to have other related indicators.

Danke,

 

Hello Timo.

I will see what I can do. I think I have some from nCat. But don't give up entirely on Trend Trading ok?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...