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Order Flow Balance

5

Order Flow Balance is a powerful indicator for Tape Reading (Time & Sales). It helps you analysis Order Flow Market, find where the players are moving in, market imbalance, possible reversal points and much more! The indicator works on MOEX, BM&FBOVESPA, CME, etc.

It has 5 different indicator types

  • Cumulative Delta: Also know as Cumulative Volume Delta, it is an advanced volume analysis method where traders can see the daily difference between aggressive buyers and aggressive sellers. Comparisons between buyers and sellers are studied for divergences and momentum shifts as potential entry points into a trend or counter-trend trade. If it is value is positive, then we have more aggressive buyers. If it is negative, we have more aggressive sellers.
  • Delta: This indicator displays volume delta for each bar, which is the difference between aggressive buyers and aggressive sellers. This is also a very important indicator used by successful trading professionals, and it can be a great fit for any trading systems. If it is value is positive, then we have more aggressive buyers in that bar and vice-versa if it is negative.
  • Volume++: Shows volume information for each bar such as volume total, buyers volume, sellers volume and neutrals volume. The last one is when the transaction occurs between Ask and Bid.
  • Delta 2: A new way to visualize Volume Delta. It shows aggressive buyers and aggressive sellers through histogram’s positive and negative values, respectively, instead of show only their difference.
  • Delta Candles: Now you can visualize Delta as a candlestick so you can check High and Low Delta as well.


Parameters Description

  • Bars: Calculation bars.
  • Indicator type: Description above.
  • Analysis mode: Use it always in auto mode. Raw mode should only be used by broker for testing purposes.
  • Positive balance color: Color setting when Daily Balance is positive.
  • Negative balance color: Color setting when Daily Balance is negative.
  • Width: Daily Balance width.
  • Positive Delta color: Color setting when Volume Delta is positive.
  • Negative Delta color: Color setting when Volume Delta is negative.
  • Width: Volume Delta width.
  • Volume color: Total volume color setting.
  • Width: Volume width.
  • Buyers Volume color: Buyers Volume color setting.
  • Width: Buyers Volume width.
  • Sellers Volume color: Sellers Volume color setting.
  • Width: Sellers Volume width.
  • Neutrals Volume color: Neutrals Volume color setting.
  • Width: Neutrals Volume width.


Important

  • This indicator works at ANY time frame.
  • It´s algorithm has been optimized to not waste unnecessary computer resources, no delay!
  • This indicator uses CopyTicks function to access Time & Sales, please check with your broker the data availability.
  • Demo version works in Strategy Tester with "Every Tick based on real ticks". Keep in mind to check with your broker the data availability.

Happy Trading!

Avis 1
Renat Safin
80
Renat Safin 2017.01.25 09:17 
 

An excellent indicator. Very fast.

In the trade, this indicator is indispensable.

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Introducing the Power Trade Plus indicator designed by a small group of traders with a few years of experience trading the market profitably.  The Power Trade Plus is derived from the Power Trade indicator,  the indicator strive in powerful sniper entries and take profit levels,  with an algorithm that's can determine the markets volatility and Provides entries based on the current market volatility. This indicator is much more effective in stock ,currencies and indices.
PZ Day Trading MT5
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This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels It impl
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
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Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
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Crypto Charts
Romeu Bertho
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Cryptocurrency analysis has never been easier with Crypto Charts for MetaTrader 5. Unlock the power of cryptocurrency trading with Crypto Charts for MetaTrader 5. Analyze data from Bitcoin to altcoins effortlessly, leveraging thousands of MQL5 indicators and Expert Advisors. Key Features: Real-Time Data : WebSocket support for Binance Spot and Futures for high-frequency trading Comprehensive Data : Access OHLC, Ticks, and Depth of Market. Seamless Integration : Operates as a background service,
Percent Crosshair is a powerful and easy percentage measure tool. Measure the chart percentage quickly! Don't waste your time anymore! Just attach the Percent Crosshair indicator to the chart, select crosshair mode at toolbars or press Ctrl+F and start using the crosshair as you always do! The percent measure will be next to the indicative price. Customize your indicator the way you want! There are four entry parameters: Positive % color: set the desired color when % is positive. Negative % colo
Percent Crosshair is a powerful and easy percentage measure tool. Measure the chart percentage very quick! Don't waste your time anymore! Just attach the Percent Crosshair indicator in the chart, select crosshair mode at toolbars or press "Ctrl+F" and start using the crosshair as you always do! The percent measure will be next to the indicative price. Customize your indicator the way you want! There are 4 entry parameters: Positive % color: set the desired color when % is positive. Negative % co
Cryptocurrency analysis has never been easier with Crypto Charts for MetaTrader 5. Now, trading on BitMEX has never been easier with BitMEX Trading API for MetaTrader 5. BitMEX Trading API library was built to be as easy to use as possible. Just include the library into your Expert Advisor or Script, call the corresponding methods and start trading! Features Trade on BitMEX and BitMEX Testnet. Build and automate your strategies. Concern more with the trading strategy logic and less with the c
Filtrer:
Renat Safin
80
Renat Safin 2017.01.25 09:17 
 

An excellent indicator. Very fast.

In the trade, this indicator is indispensable.

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Version 1.5 2018.11.23
Performance improvement
Version 1.4 2018.11.08
Add Delta Candles
Version 1.3 2018.02.06
Added new AMPFutures flags format
Version 1.2 2017.06.30
Added Volume Delta 2 - a new way to visualize Delta
Minor bug fixes.
Version 1.1 2017.01.31
Working with MOEX Exchange