Is it worth upgrading to a new pricing model to get access to it.
Is it available for everyone with a live funded account even if they are only placing one trade in a month on the live account to avoid inactivity fees.
And how good is it, is it really useful with just level I data or its necessary to have level II data to use it properly.
Thanks in advance.
No. You have to play for it outside of the licenses from these funded programs. It’s just another tool. Go watch some videos on footprint charts to learn more.
The better question would be: Do you find the need for any of the following tools in your trading?
If you don’t need any of the above, then there is no reason for you to upgrade to it IMO
well if you want to improve your trading ,thats the next level,more precise entries,you enter a trade with more confidence so you can ride it easier,let’s say you are less guessing when you use advanced volume tools.For me it is a game changer
If you are interested in building NinjaScript strategies with the OrderFlow+ indicators, note that while all of the OrderFlow+ indicators can be placed manually on a NinjaTrader chart, only the OrderFlow+ Cumulative Delta and OrderFlow+ VWAP indicators are intended to be used in NinjaScript strategies, and even these two indicators don’t show up in the NinjaTrader Strategy Builder.
That said, if you do want to use the OrderFlow+ Cumulative Delta and OrderFlow+ VWAP indicators in NinjaScript strategies, not only is the NinjaScript code is not difficult but you can even create NinjaScript strategies that use these two indicators without code using the no-code strategy builder for NinjaTrader from Quagensia.
Yes I intend to incorporate it into the strategy that I already have. All I want to know is how do I capture the buy or sell confidence level at the point in time when my strategy is placing a trade. I am storing these values so later I can evaluate which particular signals are often present in the winning trades.
Basically all I want to know is which plots have to be read and how are they interpreted to be buy signal or sell signal.
Basically all I want to know is which plots have to be read and how are they interpreted to be buy signal or sell signal.
You definitely read the OrderFlow+ Cumulative Delta and OrderFlow+ VWAP indicators’ plots in NinjaScript strategies.
To capture the info that these indicators make available at the point in time your strategy is placing a trade you can use the appropriate plot that these two indicators make available to NinjaScript. These plots are listed on the NinjaScript help pages linked to below.
I don’t have any advice on how the plots should be interpreted, but the links below should at least help you integrate these two indicators into a NinjaScript strategy. Perhaps other community members could share their thoughts on how one could interpret the plots of the OrderFlow+ Cumulative Delta and OrderFlow+ VWAP indicators.
NinjaScript help pages:
Order Flow Cumulative Delta NinjaScript help page: NinjaTrader Developer Community | NinjaScript Resources & Documentation
Order Flow VWAP NinjaScript help page:
Non-Technical Info:
