Orderflow Labs

[fchot33]

Does anyone have Orderflow labs without machine id ? Many thanks 

[⭐ rcarlos1947]

This a version fixed by @apmoo in march. I don't know if this is what you're looking for.

 

orderflowlabs.com.zip

[fchot33]

Thank you sir. Will have a look at it 

[BeingSimple]

Hello friends...
This indicator file is for NinjaTrader right ?
Can i get one for MT4 ?

Iam looking for orderflow indicator to trade XAUusd ( gold ) & Forex pairs...
I have used them in NT8 when i was trading regular financial markets...
But not that, i stick to Commodity & Forex markets...
Iam looking for OrderFlow solution for MT4 or MT5 as I currently use MT4/MT5 for trading these pairs...

please guide ...
Respects & thank you
 

[⭐ osijek1289]

5 hours ago, BeingSimple said:

Iam looking for OrderFlow solution for MT4 or MT5 as I currently use MT4/MT5 for trading these pairs...

The definition of the word "Orderflow" includes and implies buyers and sellers. That can be pulled from a datafeed that has level 2 buying and selling quantity, and is displayed in a cumulative delta indicator, footprint chart or DOM. MT4 & MT5 datafeeds don't have that ability: they just stream the price, time & volume and plot it on your chart. The volume you are streamed contains no information about the buys or sells or who the aggressor is.

Also, to have a proper view of orderflow, it needs to be a centralized exchange, meaning, exactly one exchange that all the transactions flow through - that's why having the CME/Nymex/Comex to show orderflow of ES/CL/GC works to show a complete picture of all the buying or selling. Forex transactions do not occur on a centralized exchange: there are banks and datafeeds that show a good amount of transactions that they do, but there are clearing houses and exchanges all over the major financial centers of the world, and there's no good way to have a complete picture of how much EURUSD was bought or sold at a specific price. (There are datafeeds that bring various major bank's forex data into one feed, but this gets costly, and, displaying very large actual dollar transactional volume at every pip becomes unfeasible, and generally isn't practical.)

Edited 1 hour ago by osijek1289