Orderflow

Overview

The Order Flow Indicator is a tool used in market analysis to visualize the proportion of buy and sell market orders in relation to the total volume of a trading period (like a candlestick). It provides insights into the market's buying and selling pressure and can help traders understand the strength of a price trend.

Interpretation

The Order Flow Indicator is interpreted as follows:

• A positive Order Flow value indicates that the buying pressure is stronger, suggesting an upward price trend.

• A negative Order Flow value shows that the selling pressure is stronger, suggesting a downward price trend.

Indicator Triggers:

Buying/selling volume cross up

Place a long signal when the buying volume sustain above 55% during at least 3 hours.

The buying volume crossed up the level 55 at the green arrow, a long signal is triggered.

Buying/selling volume sustain above

Place a long signal when the buying volume sustain above 55 during at least 3 hours (3 times 1 hour candles).

Once the orderflow cross up the level 55, a counting starts. The indicator stay above the selected level during at least 3 candles, a long signal is triggered at the green arrow.