Orderflow Trading

[⭐ fryguy1]

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:)

 

 

Tried this on a range and min chart. Can't get anything to come up at all like the video.

 

http://www.orderflows.com/deltasurge/1/index.html

[stevemoore]

Tried this on a range and min chart. Can't get anything to come up at all like the video.

 

http://www.orderflows.com/deltasurge/1/index.html

 

This indicator will plot only in real time, not historically. Therefore, any charts with the indicator must be running for at least several bars to gather useful data. Re-read post #70 by bomdila

Edited September 6, 2016 by stevemoore

[DayTraderProfesional]

Hi,

 

I want to write about one action on the emini on Friday. We were trading with a balanced action and in the lows of this area, an aggressive movement was made it by buyers. Sellers were agressive in the highs and with the current movement, the option to fade the movement expecting a retest to the lows was a nice short trade opportunity:

 

http://content.screencast.com/users/daytpro/folders/Jing/media/413f1890-8e17-40f0-b0f5-cdbf43876aa8/2016-09-17_1246.png

[thaifans]

Hi did anyone have problem to import the indicator. I import the zip file and no error show up but i just cant see the indicator show up in my indicator list. Anyone can help.. Thanks a lot.

[Traderbeauty]

same here.

cannot find it anywhere.

thanks in advance.

[shrike]

try starting from first indicators in the list and scroll down , it isn't insert in alphabetical order

[admis]

try starting from first indicators in the list and scroll down , it isn't insert in alphabetical order

 

Actually, it's in order of ASCII chars. The space is before "a".

Name = " Orderflows Delta Surge"

[Traderbeauty]

found it-BIG THANKS

was hiding there exactly under the name Admis said.

does not show anything -I guess it shows only on live data ?

[⭐ flipper26]

found it-BIG THANKS

was hiding there exactly under the name Admis said.

does not show anything -I guess it shows only on live data ?

 

Yes, live market or replay only. Also doesn't generate a lot of signals so you might not see anything for awhile.

[DayTraderProfesional]

Hi,

 

Another great example about how to use balanced actions to fade movements. Today the overnight session starts with an agressive move up, lefting few pices with no activity. Then seems the markets pause this movement, an starts to build a balanced action. Nice trade short is to wait to test 42-43 and shorting to 35-36 area, expecting to repair the first movement in overnight:

 

http://content.screencast.com/users/daytpro/folders/Jing/media/9cfa76d9-4964-47f0-b7f4-5efdc55455ac/2016-09-19_1444.png

[thedriver]

Hi,

 

Another great example about ....

 

please can you explain us how exactly are calculated the "A" printing in your pictures?

 

Thank you again

 

regards

[stevemoore]

@DTP,

I have to compliment you because of the way you have taken this thread DTP.Your teaching of the various aspects of the Order Flow methodology has materialized in good OF traders becoming better.You remind me of Darkstar's ability to break down a complex subject like OF into easilly learnable little steps that enable them to capture the quintessential core of the subject.Your thread and of course Jane's past and ongoing teaching threads have stood out and this has contributed to the current explosion of new members in Indo.

In that regard,please allow me to make a small contribution.I would like to upload this excellent ebook and it's supplemental pdf.

It's called "Order Flow Trading For Fun and Profit" by Daemon Goldsmith. Also included is the Darkstar answers in the forum on Order Flow to his students and forum members and it's called Darkstar Forum posts.pdf.

 

 

Darkstar's normal website is www.orderflowtrading.com but ATM it's down so I found it at archive.org

http://web.archive.org/web/20160123194838/http://www.orderflowtrading.com/

https://www.amazon.com/Order-Flow-Trading-Fun-Profit/dp/0615524591

 

http://i58.tinypic.com/16leioj.jpg

 

 

 

DarkstarOrderFlow.zip (19.09MB)

Download Page Link

https://www.sendspace.com/file/sjt606

 

Cheers mate,:)

[DayTraderProfesional]

please can you explain us how exactly are calculated the "A" printing in your pictures?

 

Thank you again

 

regards

 

Hi @thedriver,

 

Nothing special, are only big bids/ask prices with no effect in direction and based in a ratio, these means the algo compares the bid/ask activity and the direction of this activity.

[DayTraderProfesional]

Let me show you another example:

 

http://content.screencast.com/users/daytpro/folders/Jing/media/edd08658-be9e-4991-9cb6-bcd4f7a79d4b/2016-09-19_1704.png

[chriseel]

Hi DTP, thanks for this thread.

 

I am new to ofa, I pick my levels in higher TFs and looking for an elegant way to confirm my levels with volume analysis.

 

What clues would you focus on, if you wanted to be a buyer around 15.30 (gmt+2 right?)

 

Ty

[DayTraderProfesional]

Hi chriseel,

 

In the image above at 15:36 we have a balanced action, then sellers are trying to leave this buyers, but they appear in aggressive mode in the lows of 15:48. when you are up from the current sellers (15:41) you can expect to go at Thurday's highs.

[LIIonsar]

Daytraderprofesionl im beginign to add Ordeloqw to my trading ideas Im a Scalper for years and now im finding Ordeflfow useful to aply surgery to my methods

in your exprience do you think Orderflow can help scalper to refinate methods targets and most important manage stops? observing price action and tape to determinate for example a Losing position before done

[DayTraderProfesional]

Hi LIIonsar,

 

Absolutely. You can learn to trade microbalanced actions at thick markets, and you will know were you are wrong easily and what can be your targets. Easy way to control risk. Microbalanced actions at mini sp, more and less are good way to take 4-5 tics with a risk of 2-3 tics, and somentimes you can expect few tics more, not to much, but few more.

Edited September 19, 2016 by DayTraderProfesional

[novicetrader]

@DayTraderProfesional

 

Thank you so much for all the info that you are providing. Much appreciated.

I seen that you 10 Range chart, can you tell me why you prefer a range chart to a min chart. The reason i'm asking is because, i personally like the 15 min candle stick chart and just wondering whether i should min or range chart for Orderflow technique.

[DayTraderProfesional]

Hi @novicetrader,

If you read post 44 you will get the answer 8-)

[DayTraderProfesional]

Hi,

 

Question: if you see that the market is buying (look delta on image) and you see that the action is balanced, can you find an area to trade accordingly?

 

http://content.screencast.com/users/daytpro/folders/Jing/media/df7c6ab1-c78e-43e4-9447-ced3fa2230b0/2016-09-20_1044.png

[iksak]

Hi,

 

Question: if you see that the market is buying (look delta on image) and you see that the action is balanced, can you find an area to trade accordingly?

 

http://content.screencast.com/users/daytpro/folders/Jing/media/df7c6ab1-c78e-43e4-9447-ced3fa2230b0/2016-09-20_1044.png

 

Previous POC is usually a good place to enter when you are in a balanced zone...

[sinox]

Morning,

I am so sorry but i dont agree. If you are in a balanced area trading the POC is very dangerous even if you are in tranding due to a distribution area and the price can go up and down anyway. The order flow can confirm the trend but not the entry.

Edited September 20, 2016 by sinox

[DayTraderProfesional]

Hi Traders,

 

I need to be agree with iksak in this special case, because if you see the image the cvpoc it's at the lows of this balanced action. But like advise if you think in terms of risk, avoid vpoc in balanced zones. Like sinox said vpoc is the fairest price and your stop can be in a dangerous place inside of the balanced action, or very far from the correct risk zone.

 

Buy or sell in a balanced area, is like buy or sell at bottoms or tops, because is were one participant has advantatge vs the other. For example, if you sell 36, the market is not likely to work far than that. Basically you don't have price bussiness to work. If you are a buyer, in the lows, you have basically all the space up, because you are buying in one of the betters prices inside this balanced action.

 

This is an image to show the best area to trade, speaking about risk/reward ratio:

 

http://content.screencast.com/users/daytpro/folders/Jing/media/0a45e418-e0de-4eda-bebe-437075d2adad/2016-09-20_1139.png

Edited September 20, 2016 by DayTraderProfesional

[marcelao23]

DayTraderProfesional, can you share with us your volume ladder indicator for NT8?