Orderflow Analytics OFA Core AlgoX for NinjaTrader 8 Full Module
Orderflow Analytics OFA Core AlgoX for NinjaTrader 8
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Contact at: downloadtradingsoftware@gmail.com
OFA Volume Trading Tools
OFA Probe and Rotation & OFA Minute-Based bars & OFA Seconds-Based & OFA Volume-Based & OFA Tick-Based
OFACDelta Ⓡ
Plots a candle volume between trades at the ask or higher and trades at the bid and lower
OFA AlgoX Strategies:
VWAP – Volume Weighted Average Price CWAP – Cluster Weighted Average Price USD – Upper Standard Deviation LSD – Lower Standard Deviation POC – Point of Control VHP – Value Area High Price VLP – Value Area Low Price CHP – Cluster Area High Price CLP – Cluster Area Low Price MARKET – Market Order Price CHART – Chart Price 50/Midline – Evolving 50/Midline Price TWAPCluster – Cluster based TWAP TWAPClose – Close based TWAP DWAP – Differnential CWAP CWAP/VWAP – CWAP/VWAP Difference VWAP – Value Area Median Price |
Download Orderflow Analytics OFA Core AlgoX for NinjaTrader 8 Full Module:
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Volume Profile Analysis
Volume Profile is a natural fit with Order Flow trading, and as with any other development, OFA has taken it to the next level.
Institutions Know Exactly When The Market Is Running Out Of Aggressive Institutional Buyers And Sellers —Order Flow Determines Price Action
Think Like A Pit Trader
You are standing in the bond pit. The Inside Market is 12 13 (traders are willing to buy at 12 (the Inside Bid) and willing to sell at 13 (the Inside Ask)). Over the next several trades you notice a total of 1000 lots have hit the Bid 12 and the market has not gone down. You need the market to go to 11 to scalp a tick. The market has not moved at all – it is trading at 12 Bid and 13 Ask. More size hits the Bid for a total now of 1500 lots. Size on the Ask now totals 500 lots.
The market has not moved and you have a decision to make. No matter how much size hits the Bid one or more big players will not let the market go down. They appear to be prepared to absorb any amount of size at 12. This is a problem. You are short 12 with a clearly diminishing probability that the market will ever get to 11 and is more likely to go to 14. The longer you do nothing the more likely you are going to have a loser on your hands. You have three choices and need to act now: