Video summary
My DeepCharts Order Flow Setup (Full Walkthrough)
Main summary
Key takeaways
Summary of the video (DeepCharts order flow workspace walkthrough)
The speaker, Thrax, explains how he rebuilt his trading workspace in DeepCharts (instead of A-Tests). He walks through the exact charts he uses daily to:
- Determine key “value” levels
- Confirm entries using order-flow metrics, volume profiles, and delta
Purpose of the workspace
Each morning before the market opens, he checks the charts to answer:
- Where value migrated overnight / over the last week
- Whether market value is moving up, down, sideways/consolidating, or stacking/overlapping
- Where low-value areas, high-value areas, and POC (point of control) are located based on previous sessions
During execution, each chart is assigned a specific question, focusing on both location and confirmation.
Key charts and what each is used for
Higher-timeframe “value migration” charts (context)
Chart A: 60-minute (candlesticks removed)
- Uses a 60-minute timeframe with candlesticks removed to focus on value migration over roughly 6–7 days
- Separates regular trading hours (RTH) vs extended trading hours (ETH/gap)
- Shows weekly volume profiles to identify:
- Upward vs downward vs sideways value migration
- Whether value areas are overlapping/stacking
Chart B: DeepCharts auction-framing composite template
- Built from DeepCharts’ auction framing template
- Includes:
- A large right-anchored composite profile (composite value area + composite POC)
- White weekly profiles
- Smaller profiles for RTH and ETH
- Used to “plot levels” for future decisions:
- Whether price is likely to accept beyond a level or reject it
Example “level-plotted” logic (morning ceiling/roof)
- He described an upside ceiling area roughly 29,217–29,177 (based on prior RTH/Composite structure).
- If buyers fail to accept above that ceiling:
- He expects rotation sideways or reversion toward previous value areas (including prior ETH building value).
- If price does accept beyond:
- It may open expansion into areas of prior value.
- Core idea: use composite + prior RTH/ETH value structures to estimate where acceptance/rejection is most likely.
Template/settings note
- He doesn’t review every chart setting live, but notes that templates can be downloaded and applied.
- He emphasizes that detailed settings matter most on the execution charts.
Execution-focused charts (confirmation)
3.1 5-minute chart (aggression + large trades + delta profiles)
- Uses delta profiles within each 5-minute candle to gauge:
- Participation and aggressiveness
- Whether aggressiveness results in price advance or failure
- He looks for delta behavior such as delta clustering at candle ends
- Includes “large operations” (large trade markers)
Large operations configuration (micro vs mini clarification)
- He mainly monitors NQ micro behavior (mentions NQ micro/tape familiarity).
- “Large operations” are configured for MNQ with a minimum filter of 250 contracts.
- Why this matters: if you run the chart while viewing NQ, large-operation triggers may not appear often due to MNQ vs NQ contract sizing and the filter threshold.
3.2 1-minute chart (more granularity: supply/demand + delta + higher sensitivity)
- Purpose: execution precision with more granular micro-aggression
- Includes:
- Current RTH volume profile and previous ETH volume profile
- VWAP and VWAP deviations
- Delta profile inside 1-minute candles
- Large operations with a lower threshold: 150 contracts
- How he uses it:
- Watches where volume accumulates and uses POC per 1-minute candle
- When price enters a pre-identified zone (example: 29,220–29,177), he checks:
- Whether buyers show aggressiveness toward the ceiling
- Whether large transactions and delta accumulation lead to price progression
- If vendors intervene (negative delta pushing price out), that becomes short setup confirmation
Trade example described
- Buyers become aggressive in the zone but fail to push price higher
- Sellers take over (negative delta / negative aggression)
- He exits the zone and looks for a short opportunity (he references this as “confirmation” plus “premium” for shorts)
3.3 Main “live-stream” 5-minute chart (volume node view + DOM liquidity + stats)
- Purpose: identify where volume concentrates inside 5-minute candles and where liquidity pools are forming
- Instead of delta-per-candle profiles, it emphasizes:
- Volume profiles within 5-minute candles
- Shapes like P/B-shaped profiles and low-volume nodes
- Delta is then consulted elsewhere (or another view) to determine whether volume came from buyers or sellers
Weekly context + depth cues
- Shows a weekly volume profile on the right
- Displays DOM levels (order book visualization):
- Tracks where large orders cluster (liquidity “heat-map-like” behavior)
- Notes orders may appear/disappear or get executed
Bottom statistics section
- Shows:
- Volume per 5-minute candle
- Delta per 5-minute candle
- Participation rule:
- If volume drops below 20,000 contracts per 5-minute candle (micro Nasdaq context), he treats it as too low participation to trade
- As volume declines later (e.g., 11k–18k), he treats the day as nearing over
- Delta usage rule:
- He monitors delta for exhaustion/aggression shifts
- However, delta is less reliable in sideways/no-man’s-land markets because it can change quickly and mislead
Overall workflow (how he uses all charts together)
-
Morning / pre-open context
- Use 60-minute and auction-framing/composite charts to determine:
- where the market is doing business
- where value is likely to accept/reject
- Use 60-minute and auction-framing/composite charts to determine:
-
During trading
- Use 1-minute and 5-minute execution charts to confirm:
- effort vs outcome in the plotted zone (acceptance/rejection behavior)
- buyer vs seller aggressiveness via delta and large trades
- liquidity concentration (volume nodes + DOM)
- Use 1-minute and 5-minute execution charts to confirm:
-
Decision
- Trade only when context + location + confirmation align
Reviews / tutorials / guides mentioned
- The video is described as a full walkthrough tutorial of the speaker’s DeepCharts workspace
- He states free templates are available for download (via community / description link)
- He references a frequently asked question section for:
- “settings” behind detailed graphics
- access to the workspace/templates
Sponsors / platform (mentioned)
- Goat Funded Futures
- Discount code: “Thrax”
- Rewards tasks
- Mentions a payment guarantee up to $500 after delays
- Trading supported with Deep Charts or ATAS
Main speakers / sources
- Speaker: Thrax (primary narrator)
- Product/Framework sources referenced: DeepCharts (auction framing template and chart tools)
- Sponsor: Goat Funded Futures