15 July, 2016

Order Flow Indicators Overview

Introduction

The emoji trading Order Flow Suite provides a set of indicators for Sierra Chart utilising the methods for interpreting traded volume described by Mike Valtos of orderflows.com. By combining these indicators with Sierra Chart Numbers Bars, a trader is able to make well-informed trading decisions based upon the traded volume activity of other traders resulting in low risk entries and timely exit decisions.

Indicators may also be applied to regular bar and candlestick charts as well as Renko and Heiken Ashi charts.


emoji trading Order Flow Suite Indicators

Click below to learn more about each indicator and to assess how they will help your trading accuracy and profitability.


Indicator Types

The emoji trading Order Flow Suite indicators provide visual indications allowing rapid interpretation of traded volume conditions. These indications are provided as:

Symbols Above/Below Bars

You can select the symbol type, color and offset from the relevant bar for all indicators within the emoji trading Order Flow suite.

Extension Lines

Many indicators offer Extension Lines to enable real time visibility of market-generated support and resistance levels:

Trapped Traders - Emoji Trading Order Flow Suite

 

Forward Projection Zones

A Forward Projection Zone may indicate:

  • a favourable price area within which to open a position should price fall back to this area
  • a price level of significance
  • a price level to consider as the basis for a trailing stop

Text Display


Alerts & Trading Systems

To enable custom alerts and development of automated trading systems, both Spreadsheet and ACSIL-based, each indicator provides a range of relevant subgraphs. Please study the relevant webpages above for full details of each indicator’s available subgraphs and study settings.