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Posted

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
 

Posted (edited)
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 by osijek1289
Posted
On 9/25/2025 at 11:15 AM, osijek1289 said:

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.)

Thank you buddy. Excuse me for  delayed response.
I usually see, a very low activity here in this forum. So my frequency of visit here is low. Surprisingly  i made it too before going to bed and found your response.
That is really a informative response and another good friend of mine gave me the same.
He suggested me to go with GoCharting for forex also ( GoCharting was my previous charting platform for financial markets ). 
Yes you are right... Forex never happens on a single centralized platform causing  the fluctuations.

But i really dont see any other effective Technical Analysis better than Order Flow or foot prints.
All support & Resistance, Trend line, SMCs, FVG, etc did not convince me to take a confident manual trade in Forex or commodity...hence going back to OrderFlow, which was convincing for me.
Meanwhile,
Can i please request you to suggest me a good indicator or a system or a method to take successful manual trades in Forex or Commodity please...
It will be very helpful for a beginner like me... 
And i would love to learn from experts like you and others here...🙏


Thank you buddy...
Awaiting your response...

  • 1 month later...
Posted (edited)
On 9/24/2025 at 11:06 PM, rcarlos1947 said:

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

 

orderflowlabs.com.zip 225.04 kB · 91 downloads

hello i am new to ninjatrader, i am currently on ninjatrader 8 and importing the indicator gives me an error, is it not made for ninjatrader 8? and if it is how can i import it without error?

 

thank you in advance

 

edit: i see it is only a .dll file but it needs both a .dll file and a .cs file to work correct? if its not in the folder how can i make the indicator work/import successfully?

Edited by volatilitypays
Posted

@volatilitypays,

Do Not Try to install via Nt8
1. Close NT8
2. Determine if you have OneDrive installed in Windows
3. Open the compressed folder, copy the dll file
4. Paste the dll file to Ste5 or Step 6
5. With    OneDrive: 
    "C:\Users\?????\OneDrive\Documents\Ninjatrader 8\bin\custom\"
6. Without OneDrive:
    "C:\Users\?????\Documents\Ninjatrader 8\bin\custom\"
7.Start NT8, there should not be any errors related to OFL in the log
8. Look under Indicators tab, OFL should be listed

If this does not work for you, then the file you have is corrupted or not compatible.

Maybe others in this forum can help. Good Luck !

 

Posted
31 minutes ago, rcarlos1947 said:

@volatilitypays,

Do Not Try to install via Nt8
1. Close NT8
2. Determine if you have OneDrive installed in Windows
3. Open the compressed folder, copy the dll file
4. Paste the dll file to Ste5 or Step 6
5. With    OneDrive: 
    "C:\Users\?????\OneDrive\Documents\Ninjatrader 8\bin\custom\"
6. Without OneDrive:
    "C:\Users\?????\Documents\Ninjatrader 8\bin\custom\"
7.Start NT8, there should not be any errors related to OFL in the log
8. Look under Indicators tab, OFL should be listed

If this does not work for you, then the file you have is corrupted or not compatible.

Maybe others in this forum can help. Good Luck !

 

that has worked, thank you very much 🙂

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