Order Flow and volume profile trading

Discussion in 'Advanced Trading Strategies' started by mt4trader, Jan 24, 2016.

?

I want know how many interested and your experience

  1. i am interested in ofa

    89.5%
  2. i am ninja trader user

    21.0%
  3. i have experience in OFA

    6.6%
  4. i am not interested because it is not worth to learn

    2.8%
Multiple votes are allowed.
  1. sathis

    sathis Member

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    can we record the time & sales using gomi recorder ?

    Thanks
     
  2. mt4trader

    mt4trader Well-Known Member

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    time and sales can not be recorded but every tick can be recorded by gomi indicator.it is nothing but level 1 time and sales
     
  3. sathis

    sathis Member

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    Does the scan option available for bulk trades ?

    Thanks
     
  4. mt4trader

    mt4trader Well-Known Member

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    in time and sales you can set volume filter and bulk quantity
    many color combinations are there to set.watch help files for that
    Time and sales shows many things, only thing is there you have setup properly
     
    muthutrader and sreperu like this.
  5. mb2012

    mb2012 New Member

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    hello mt4 sir & all respected seniors,i m not getting any data inside the candle,it is nifty futures chart. please shed some light,thanks & regards
     
  6. mb2012

    mb2012 New Member

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    sir here is chart
     

    Attached Files:

  7. trade4learn

    trade4learn New Member

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    Use NinjaTickFile for gomi recorder
     
  8. mt4trader

    mt4trader Well-Known Member

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    change tick size in instrument manager.
    it is problem with nifty and banknifty
    this problem several times addressed.
    please check old posts for tick sizes
     
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  9. mt4trader

    mt4trader Well-Known Member

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    THIS IS OPINION OF TRADER
    for me it is true

    Well, thank you first for this question
    But the good and right question for me is not where's the Best and worst software but as a successful trader WHAT YOU NEED , this's the KEY
    And i will answer this question : what you need and what you don't need
    For what you don't need it's all indicator, all ( EMA, RSI, CCI ... )
    Now for what you need, it's 3 or 4 thing
    1- Market profile & Volume profile ( both ) to identify what the market are doing and where he will go
    2- Order flow to identify the structure of the market
    3- VWAP , it's optional but remember vwap it's a level of volume and many algo work on it
    4- Market Depth to identify where's the liquidity and where the absorption are happened
    Now to answer you question about the software :
    => all software that give you market & volume profile, vwap, order flow, market depth are good. The other is a garbage
     
  10. rpsvinod

    rpsvinod Well-Known Member

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    mt4trader,

    yes, :thumb:agreed.:D If time permit let we discuss more,

    1.WHAT - ?
    2.WHERE - ?
    3.&4. WHEN - ?
     
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