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Posted
in other words it doesnt show bid-ask data, but only up-down tick... two different things :) Did I understood correctly or u meant it doesnt work only if theres no lvl2 data?
Posted
in other words it doesnt show bid-ask data, but only up-down tick... two different things :) Did I understood correctly or u meant it doesnt work only if theres no lvl2 data?

 

 

It can work with tick data . bid/ask will only be displayed for periods where you are connected to your data feed and pulling live market data from your provider . so if u were live u can pull bid/ask and create order flow charts . even u can create by using tick data . both methods are same with little difference but not an issue if u know how to use the order flow charts . next i said about dome visualized charts u need level 2 data to get bids and asks around LTP . i hope u understand it . i only use order flow charts at place where i think market will turn to see the Imbalances Between Bid & Ask and Delta Of the Bar for trade Initiation . nothing more i knew about order flow i want to keep things simple

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