Summary of "馃攳 Fast Scalping AI TFlab NinjaTrader 8 Indicator #13 OrderFlowPanel - [TradingFinder]"
Summary of Finance-Specific Content
The video reviews the Order Flow Panel feature of the Fast Scalping ETF Lab Indicator used in NinjaTrader 8 for analyzing market order flow data.
Order Flow Panel Features
The Order Flow Panel displays detailed volume and order flow metrics at the candle level, including:
- Buy and sell volume activity
- Delta (difference between buying and selling volume per candle)
- Delta percentage
- Cumulative delta shown in both candlestick and linear forms
- ABB and ATS metrics (likely specific order flow or trade activity signals)
Users can toggle the visibility of the order flow panel and customize its size and position on the chart.
Filters and Customization Options
The panel allows application of various filters and settings for more precise analysis:
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Reset cumulative delta daily Recommended to analyze delta only within the same trading session for clarity.
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Adjust candle width and color schemes Options include saturation mode (for color tolerance) and solid mode.
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Customize colors and fonts for volume, delta, ATS, and other displayed metrics.
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Apply filters by threshold levels to highlight specific order flow conditions:
- ATS bars can be filtered to show only those above a certain level (e.g., level 3 or 4) to highlight significant trade activity.
- Delta filter bar can be set to highlight candles where delta exceeds a set value (e.g., 40), helping identify strong buying or selling pressure.
These filters help traders visually isolate and analyze key price and volume conditions on short timeframes (e.g., 1-minute candles), supporting fast scalping strategies.
Methodology / Framework for Using the Order Flow Panel
- Enable order flow panel display.
- Observe volume, buy/sell activity, delta, and cumulative delta per candle.
- Customize candle width and color schemes for clarity.
- Apply daily reset to cumulative delta for session-based analysis.
- Set filters on ATS and delta values to highlight significant order flow events.
- Use highlighted candles to identify price conditions for scalping decisions.
- Adjust panel size and position for optimal viewing.
Key Numbers & Timelines
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Delta filter examples:
- Initial threshold set at 200 (too high for 1-minute candles)
- Lowered to 40 to capture meaningful signals
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ATS filter levels: example filters at level 3 and 4 to isolate stronger trade signals.
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Timeframe referenced: 1-minute candlesticks.
Recommendations and Cautions
- It is recommended to reset cumulative delta daily for clearer session-based insights.
- Adjust filter thresholds according to candle timeframe and market conditions.
- Reload the indicator after certain setting changes to apply filters correctly.
Tickers, Assets, Sectors, Instruments Mentioned
- No specific tickers or asset names mentioned.
- Focus is on ETFs broadly (via the ETF Lab Indicator).
- Instrument: Order flow data on candlestick charts.
- Platform: NinjaTrader 8.
Disclaimers
- No explicit financial advice or disclaimers stated.
- Content is instructional on indicator use rather than direct trading advice.
Presenter / Source
- Unnamed presenter demonstrating the Fast Scalping ETF Lab Indicator鈥檚 Order Flow Panel features on NinjaTrader 8.
- Video source: TradingFinder channel.
This summary captures the finance-specific instructional content on order flow analysis tools for scalping ETFs using NinjaTrader 8.
Category
Finance