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
Buying/selling volume sustain above
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