Order Flow 2.0

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Accendo

• March 12, 2018 12:02

You guys are making great strides with the order flow tools.  Here's a couple to consider that should be great.

 

1.  Change how Cumulative Delta is Showed.  Currently, you have the Cumulative Delta that goes up and down.  Instead it would be great to make it bar by bar.

2.  Right now you have so we have to choose between imbalance or delta.  I would like an imbalance bid ask chart with a delta for the bar placed on top (like the price action swing on top)  Delta values are the difference between the Ask and Bid traded volume. This will display as either a positive or negative number and can give you a visual representation of the contracts that are split into either buying or selling. The Volume Delta concept transforms into a leading indicator for determining market sentiment bar by bar using buyers and sellers trades at the ask and bid as important data points.

3.  Volume Profile Histogram.  I know we can put on a profile.  It would be cool that if instead of just showing a default grey color that it actually broke down volume by showing green red for the trades.

4.  Supply and Demand Zone based on Stacked Imbalance.  If we get 3 or 4 stacked imbalance in a bar, it would establish a supply or demand zone.  Have that zone extend to the right until price action breaks it.

 

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  michaelhare2

  • May 16, 2018 06:02

  I love this idea of dynamic Imbalances and buy and sell zones (**and whether they have been tested or not**) derived from them and plotted automatically.  VERY MUCH. I only just began playing around with OFA/Algo X, and it does something similar, plotting levels automatically, but not certain it can do this exactly.

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  Michel Christie

  • December 30, 2018 08:14

  Where can i get the Bar delta chart thats shown above?

   

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  Traders Anonymous

  • July 10, 2019 01:53

  Any update on order flow tools. This community has been asking for it for a while now.

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  Rogerio Amado

  • July 11, 2019 21:56

  Hello all. This would be highly desirable. It's very similar to what OFA -- Order Flow Analytics offer at a basic level. (see screen shot below)

   

  PLEASE respond, Tradovate Development team... This lack of response on the community requests is really frustrating. Sorry to say...

   

  

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  Permanently deleted user

  • July 12, 2019 14:56
  • Edited

  Hi Rogerio,

  Apologies for any delay in replies.  We have this scheduled for discussion with the team next week.  I will keep this thread updated

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  Sanjay Dubey

  • September 21, 2019 15:26

  Thanks Brian, Until we get more feature on footprint chart. I have created custom indicator to view delta per bar. You can install it using Explore Community Indicator, named as "Delta Histogram" more info on github

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  Rogerio Amado

  • September 24, 2019 02:37

  Thank you, Sanjay! That is a great improvement. :-)
  
  @Brian Weis, any news on the delta sum per bar in the bid-ask volume bars? That would be really helpful.

  Thanks,

  Rogerio

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  Sanjay Dubey

  • November 21, 2019 22:16

  So far didn't see any updates or improvement regarding BID ASK Chart @Brain anything in the pipe line that you can share with us ?

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  Michael Holst

  • April 03, 2020 20:06

  See "Stacked Imbalances" and "Cluster Profile" of Community Indicators.

   

   

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