Description
Orderflows Trader 7.0 For NinjaTrader 8
I created Orderflows software which runs on the Ninjatrader platform and combines charting and order flow in a dynamic, real-time way that allows the trader to view the market’s evolving and changing state. Its primary benefit rests in its unique ability to see a clearly who is in control of the market based on market generated information as it happens. If you have ever sat and watched the market trade for an extended period of time you start to see how orders are filled in the market and their impact on market direction. There are aggressive traders and there are passive traders. When you know how to tell the difference between the two types, then you can understand where the direction of the market.
Focusing on order flow changes everything! It is a better way of trading than the popular systems of indicators and messy indecipherable charts. Nothing could be simpler. No need for all those cluttered charts. Stop using charts cluttered with indicators. They are not helping you. They are cluttering up your decision-making process. They don’t even give you current market conditions.
Order flow is not a trading system by itself. Rather the order flow is the analysis of orders being traded as they flow into the market. The Orderflows Trader is software that allows the trader to see what is happening in the market in real-time giving an x-ray view into the market so the trader can see what exactly is happening as it happens. Once a trader understands what is happening in the present, the trader is able to make better decisions about what might happen in the future.
If the market did the same thing every day, trading would be simple. Think about it, a moving average trading system will generate nice profits in a trending market. But what happens in a sideways market? Traders often give back all their profits and then some because they don’t understand that conditions in the market have changed. They just continue doing the same thing that made them money in the past.
Not being able to notice a change in market conditions is what destroys many traders. They think they have come up with a “Holy Grail” trading system that turns the market into their own personal ATM cash machine. But most Holy Grail systems are destined to self-destruct because it is not flexible to market conditions.
If an inflexible Holy Grail system will blow up so will an inflexible trader.
A trader must react and automatically adjust and compensate for changes in market conditions. Flexibility is key. Order flow tells you the market’s underlying currents. You know that there are days when the market wants to run in one direction and days when the market just wants to rotate back and forth.
In a rotational market, traders sell every rally and buy every dip. This works well until the market starts trending. But a bell doesn’t go off and the market doesn’t announce “I am going to start trending now.” It just does it. Traders selling every rally get caught offside and contribute to the rally even more while covering their losses. Then what happens? Market conditions change again and the market starts rotating again. And again, no bells or whistles or announcements to announce this change in market condition. But order flow traders don’t need announcements as they are in sync with what the market is doing and how it is doing it.
Think of it! No Calculus. No Lagging Indicators. No Moving Anythings! Orderflows Trader 7.0 offers you a logical, straightforward approach to analyzing the markets that could dramatically improve your trading!
A properly constructed chart consists of volume and price factors, that when combined produce easily identifiable order flow patterns that will help you trade with reasonable accuracy. Additionally, a successful trading plan and money management are better applied when a trader is working with a better-designed chart.
With the Orderflows Trader 7.0 you will now be able to decode order flow sequences and how to read them like institutional traders do. You have real-time intelligence that is unlimited. You will now have invaluable order flow intel that impacts the market before price even starts moving. You will be ahead of you retail trading competition which gives you a tremendous edge in the market. You will be trading alongside the big institutional traders who are one, two and three steps ahead of the small retail traders.
Most traders are weak on analyzing the present and you have to trade in the present, you still have to get in and get out in real time. So it makes sense to analyze the present as good as you can to qualify better trade locations and most importantly, near-term support.
At first, an Orderflows Trader chart looks a little bit overwhelming, but it’s really very simple to use. You will soon realize that the Orderflows Trader chart is the most important chart you will ever use.
Such A Game Changer For Traders?
are proprietary and “first-to-market”!
The key elements of Orderflows Trader software are traded price, traded bid volume, traded ask volume over a range, volume or time period. When these elements are displayed in a chart, traders will be able to identify the market’s areas of strength and weakness. Every market moves up or down based on the interaction between supply and demand. Traditional charting techniques or analysis do not accurately allow you to analyze, understand and interpret the fighting forces of supply and demand. Orderflows allow you to dissect the supply and demand balance in real time as it is happening. You will understand which side is in control and be prepared to respond when it changes.
Order flow trading is a universal method of analysis that can be combined with just about any technical study. Technical indicators are based on complicated calculations to manipulate past price activity tend to mask the reality of what is happening in the market. Order flow goes right to the roots of what is happening now and lets you exploit that information for your benefit.
There are basically two types of traders in the market: the big guys and the small guys. You can replace those terms with names such as “Smart Money” and “Dumb Money” or “Institutional Traders” and “Retail Traders.” You often hear people say “follow the smart money.” Well, it sounds simple, but how can you figure out what the smart money is doing by looking at a normal bar chart? You can’t. Order flow makes it very easy for you to determine which side is doing what at that moment by breaking down the volume that is actually being traded in the market.
The real power of Orderflows is that it identifies “hidden” trade locations that can’t be seen using traditional charting techniques. We built our own tools in order to process the order flow as it happens to help find the hidden trade opportunities within a bar. Nothing is more visual and reflects true market sentiment better than the Orderflows chart.
Without a doubt, order flow analysis gives you an edge over other traders. While other traders are looking at price bars or candlestick bars with just open, high, low and close, the order flow chart lets you look inside a bar to see when there is aggressive buying or selling taking place while the bar is forming. You can literally be making trading decisions while the bar is forming, thus putting you ahead of other traders who don’t yet realize what is happening in the market.
With order flow you can literally see market generated information that is impacting the market before price even starts to move. The markets trade in real time and most traders are very weak in analyzing the present market conditions. You have to trade in the present, you got to get in and get out in real time. So it just makes sense to analyze the present market conditions as best as you can to find better trade locations as well as near term support and resistance levels.
You can adjust the threshold based on the market you are trading. You can also adjust the colors.
The Value Area is where 70% of the volume trades in a bar. This is the Value Area for the individual bar. Knowing where the Value Area is on a bar by bar basis understand the order flow better. You can see if traders are accepting or rejecting current value. Individual bar Value Area allows you instantly recognize when volume, and not just price, is migrating higher or lower. When used with traditional forms of technical analysis such as Bollinger Bands or Keltner Channels you will be amazed at how market turning points become much more clear. The Value Area in a bar will be green for up bars and red for down bars. Doji candles are still gray. You can adjust the colors however you want them.
A powerful feature is being able to draw an until tested zone with Value Areas. This is an important feature. Value represents volume. Value Areas that are not traded into in the next bar often present great buying or selling areas. Value Areas are market generated information in its purest sense. Markets are always searching for value, either moving away from value or returning to value. If you ever wondered why a market reverts back to a particular level, it is often due to the market trading back to its previous value. When you add these zones to your chart, market reversals finally make perfect sense.
Albert Einstein was not a trader, but if he was alive today, who knows, he might be hired by some algo trading hedge fund. One of his famous quotes was “Everything should be made as simple as possible, but not simpler.” As a trader, that is what you need to do, keep things simple. A big problem beginning traders face is they over complicate trading. An order flow chart keeps things simple for the trader. You are not looking at 10 different conflicting indicators. Everything you need to know about the market, the participants, the trend, and much more is contained in the order flow chart. Once you understand how to read it, understanding the market doesn’t get any more simple.
Stop Wasting Your Money Searching For A Holy Grail...
It’s time to stop flushing your money down the toilet on trading systems that don’t work. Do you really think you can buy a trading system for $99 and turn your computer into a cash machine? Wake up and face reality. Everyone wants to make money trading but most people don’t want to take the time to learn how to trade. Losing traders just want a system that is going to tell them to buy here or sell there.
I have been fortunate to work with some of the biggest and best traders in the world and one thing that they all have a solid trading methodology. They don’t change their way of trading based on the next shiny trading object object that comes out.
Order flow is the key to understanding what is happening in the market. For many traders order flow is the missing link from trading being a break even venture to a profitable business because it teaches them to read the market and become a trader.
In the past, some of the best order flow traders were the pit traders. Why? Because they could see the flow of orders coming into the market from the brokerage houses, being filled and see what came next, was there more buying or selling. Now, the open outcry trading pit are closed and all the trading is done on computers. However, traders have come to realize that most of that information is available to the trader in its raw format.
The Orderflows Trader software takes the raw data of volume traded on the bid and volume traded on the offer and organizes it into an easy to understand chart for quick analysis. By combining price with bid/ask traded volume a trader has the best information possible for short term price movements. By seeing the volume traded on the bid and offers you will see clear clues as to whether the market is strengthening or weakening. With better organized price and volume information you will uncover profitable trading opportunities.
The problem for many losing traders is they rely on price based indicators to predict what the market is going to do. When you look at their screen it is littered with moving averages, MACD, RSI, stochastics, etc. These indicators are all correlated and don’t add any new insight into what is driving the market. They are only looking at price and massaging it into another number.
A question/request we have been getting over the years is “are the tools on Orderflows Trader plottable?” Basically, can you automate order flow. While in the past you have been able to isolate certain things in the order flow and create an indicator that can then be automated, trying to automate the actual order flow wasn’t possible. Now it is. The following order flow actions can now be plotted which allows you to automate your order flow trading:
Accumulation/Distribution
Open POC
Aligned POCs
Orderflows Gaps
Imbalance Reload
Volume Decline
POC Wave
Delta Tail
Resting Liquidity
Vertical Liquidity
Delta Breakout
Retail Suck
Price Action Divergence
Prominent POC
Orderflows Tails
Delta Divergence
Exhaustion Prints
Imbalance Reversals
Market Sweep
Market Weakness
Orderflows Sequencing
POC Slingshot
Zero Print
Engulfing Value Area
Inverse Imbalance
Stacked Imbalance
Thin Prints
Orderflows Ratio Price Exhaustion
Orderflows Ratio Price Defense
Multiple Imbalances
What this means is you can use a third-party tool like Markers Plus The Force from The Indicator Store to create your own trading strategy.
For example, you can now pick and choose the part of the order flow you want to add to your strategy. Say you want to take trades only when a bar has an Exhaustion Print, Multiple Imbalances and an Orderflows Ratio. You can set up your strategy to trade those bars with that combination. Now it is easy to see when all three indicators are plotted at the same time.
Who is this trading workshop for?
Traders who want a simple, proven trading plan to find, enter, and exit higher probability order flow trade setups.
I peel back the curtain and show you how I do it…
What exactly I am currently looking at in the order flow to find trades…
And how you can do the same…
You aren’t going to become a successful trader by trial and error. It’s almost impossible to learn that way, unless you want to have a very expensive education. You may already be aware of that, having learned the hard way.
There is just too much involved for trial and error to work. You need something that gives you an edge over the rest of the traders out there. Trying to “figure it out on the fly” is too risky. It’s unlikely that you’ll succeed if you have to keep reinventing the wheel. And there is no way to succeed if every lesson learned from trial and error costs more of your trading capital.
You need to learn how to trade based your understanding of the market, not because one squiggly line crossed another squiggly line. Become a trader, not a trade taker.
The software runs on the NinjaTrader trading platform which you can download for free at ninjatrader.com (yes, it will run on the free version too).
TOOLS & EDUCATION
AT A SPECIAL PRICE!
Access to The Order Flow Trading Course
Access to the Orderflows Inner Circle Video Series
Access to our Weekly Live Group Training
Access to the Orderflows Playbook Trading Course
NEW- Access to the recordings from the October 2023 Orderflows Trading Workshop
What software do I need to run Orderflows Trader?
Orderflows Trader 7.0 runs on the FREE as well as PAID version of NinjaTrader 8. You can download it from Ninjatrader.com
What data provider should I use?
I feel the best data provider that works with NinjaTrader and Orderflows Trader is Kinetick or a trading feed from your broker. However you can use your existing NinjaTrader data feed of CQG, IQ Feed, eSignal, etc.
Does Orderflows Trader 7.0 run on NT7?
No. The Orderflows Trader for NT8 is specifically designed to run on NT8 and take advantage of the framework of NinjaTrader. If you are using NT7, it is time to switch to NT8.
Can I use the Orderflows Trader on 2 different computers?
The license for the Orderflows Trader is PC specific. For example, if you want to run the Orderflows Trader on your PC at work and PC at home, that would require 2 licenses. If you need additional licenses we do offer them at reduced prices. However, if you want to run the Orderflows Trader on different computers, I suggest you get a VPN that you can log in from PC and access your Orderflows Trader from anywhere in the world.
Does the Orderflows Trader use tick replay or up/down tick?
Orderflows Trader lets you use either one. The default is set to tick replay, but you can switch to up/down tick if you so choose.
Some may ask why share it, why not trade it?
My answer – “Why not do both?” I trade my own account using the Orderflows Trader and its tools. Traders have been asking me to show them what I use to trade the markets, so I have made it easy for them by programming my tools.
Is the Orderflows Trader the same as the Orderflows Toolkit available on the paid version of NinjaTrader 8?
No, it is separate and different. The Orderflows Toolkit that comes with the fully paid version of NinjaTrader 8 is just the basic footprint chart. The Orderflows Trader is like having an order flow trader showing you areas of interest in the order flow.
Do you offer a free trial?
No, we do not offer a free trial.
Are there any monthly or yearly fees?
No. When you get access to the Orderflows Trader 3.0 it is a lifetime license. You only pay once for all the features. There are NO monthly or yearly fees.
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