This indicator forms part of the Valtos Indicator Suite of indicators using order flow analytics algorithms developed by Mike Valtos of orderflows.com. It is designed for short term to swing traders and looks for potential reversal points in the market based on price action and order flow analysis. This indicator highlights the areas where there have been strong hidden support or resistance in the market that is impossible to see on a bar chart but can be seen on an order flow chart.
You can learn more about the Valtos Flip by following these links:
Indicator Settings & Outputs Reference
The indicator considers the relationship between price and delta.
Enter the number of prior bars for which an equal or higher high (for a Turns Supply condition) or an equal or lower low (for a Turns Demand condition) needs to have been made by the current bar.
The maximum or minimum Delta permitted for the bar.
Determines whether the location of the bar’s Point of Control is taken into account for the Turns condition.
The number of ticks away from the bar high/low that the Supply/Demand indicator Output Signals are drawn.
This indicator provides:
• Output Signals