Orderflows 5.

0 User Guide - POC

You can set up Orderflows Trader to show up to three

POC levels in the bar.

The main POC.

POC 2.
POC 3.

Most traders need and use just the main POC.

POC 2 and POC 3 are for more advanced and
nuanced forms of order flow analysis.
Orderflows 5.0 User Guide – POC

The main POC

Orderflows 5.0 User Guide – POC

POC 2
Orderflows 5.0 User Guide – POC

POC 3
Orderflows 5.0 User Guide – Up/Down Tick

You now have two choices for the data to plot in your Orderflows Trader chart.

1. The normal tick-replay enabled format.

2. Up/Down tick.

I highly recommend the normal tick-replay format as it reads the data and plots it as it is received
from the exchange.

Up/Down tick is for traders trading markets, like India, where the data is handled differently.

Note, there are differences in the footprint chart. While the volume traded at price is the same,
where the tick ends up, either on the bid or the offer, can differ. This can affect the Imbalance
Reversals, Zero Prints, Inverse Imbalances, Stacked Imbalances, Multiple Imbalances,
Orderflows Ratios, Exhaustion Prints, Sweep Detector.
Orderflows 5.0 User Guide – Up/Down Tick

Up/Down Tick not enabled.

Recommended for most traders.
Orderflows 5.0 User Guide – Up/Down Tick

Up/Down Tick Enabled.

Orderflows 5.0 User Guide

Orderflows Ratio

Measures Price Exhaustion or

Price Defense in the order flow.

Will appear in BLUE above or

below the bar if the requirements
are met.
Orderflows 5.0 User Guide – Orderflows Ratio

Orderflows Ratios are a legacy tool that was introduced in the very first version of Orderflows
Trader. What they represent is either price rejection/exhaustion in a bar or price defense in a bar.

There are two types of Orderflows Ratios, but they are traded the same.

Ratio Bounds High – A value above 30. This represents price rejection/exhaustion. Occurs when
lesser buying is occurring on moves up or lesser selling occurs on moves down.

Ratio Bounds Low – A value between 0.69 and 0. This represents price defense, meaning strong
buying on the bid side coming in at lower prices or strong selling on the offer side coming in at
higher prices.
Orderflows 5.0 User Guide – Orderflows Ratio

Bullish Orderflows Ratio will appear under a green up candle in BLUE.

Orderflows 5.0 User Guide – Orderflows Ratio

A Bearish Orderflows Ratio will appear above a red candle in BLUE.

Orderflows 5.0 User Guide

Prominent POC

Highlights Prominent POC (Point

of Control) which act as support or
resistance.

Will color the bar POC CYAN for a

bullish Prominent POC.

Will color the bar POC Magenta for

a bearish Prominent POC.
Orderflows 5.0 User Guide – Prominent Point of Control.

Prominent Point of Control was called POC Trader in the previous of Orderflows Trader because
originally it was a stand-alone indicator that we have incorporated into the Orderflows Trader to
highlight Points of Control that act as support or resistance. Hence the term “Prominent” because
they are market generated support or resistance levels.

A Bullish Prominent Point of Control will be colored CYAN.

A Bearish Prominent Point of Control will be colored MAGENTA.

If there is a Slingshot POC in a bar with a Prominent Point of Control, the Slingshot coloring of
the POC will take precedent over the Prominent Point of Control.
Orderflows 5.0 User Guide – Bullish Prominent Point of Control

Slingshot POC setup, not a

Prominent Point of Control.
Orderflows 5.0 User Guide – Bearish Prominent Point of Control
Orderflows 5.0 User Guide

Summary Content

Lets you set up the bar data you

want to see.
Orderflows 5.0 User Guide – Summary Content.

The Summary Content section allows you to choose with order flow data you would like to see on
the bottom of your chart.

You can see:

Ask – Volume traded on the offer.
Bid – Volume traded on the bid.
Cum. Delta – Running delta total for the day.
Cum. Delta/Volume – Running delta total for the day divided by the current day’s volume.
Delta – Net difference between aggressive buyers and aggressive sellers in a bar.
Max. Delta – The strongest aggressive buying was in a bar in terms of positive delta.
Min. Delta – The strongest aggressive selling was in a bar in terms of negative delta.
Total Volume – Total volume for the day.
Volume – Individual bar volume.

The default is set to show: Delta, Max. Delta, Min. Delta, Cumulative Delta and Volume.
Orderflows 5.0 User Guide – Content Summary.

All the available data you can have on your content summary.
Orderflows 5.0 User Guide – Content Summary.

My personal setting for content summary.

Orderflows 5.0 User Guide

Unfinished Business

Plot when unfinished business in a

bar appears.
Orderflows 5.0 User Guide – Unfinished Business.

Unfinished Business occurs when you have an auction that is not completed at the edge of a bar.
It is viewed as a place where the market may return to and complete the auction. Hence the
name Unfinished Business.

At the end of the trading session, Unfinished Business will reset and begin drawing on the next
trading session chart.

If you select to draw broken levels of unfinished business, then you can see all historical levels of
unfinished business. But your chart may get confusing with a lot of horizontal lines.
Orderflows 5.0 User Guide – Unfinished Business
Orderflows 5.0 User Guide – Unfinished Business.

Draw Broken Levels shows all the levels of unfinished business, including the ones that are
finished or completed.
Orderflows 5.0 User Guide

Volume Imbalance

Inverse Imbalance

Highlight bullish and bearish

imbalance areas.

Stacked Imbalances -

Highlight stacked imbalances in a

bar.

Multiple Imbalances –

Highlight bars with multiple

imbalances that are not stacked.
Orderflows 5.0 User Guide – Stacked Imbalances.

A Stacked BUYING Imbalance occurs when there are 3 or more buying imbalances stacked
neatly on top of each other.

A Stacked SELLING Imbalance occurs when there are 3 or more selling imbalances stacked
neatly on top of each other.

These are areas of potential support (stacked buying imbalance) or potential resistance (stacked
selling imbalance). Because of this, you can choose to draw out a zone from the stacked
imbalance to see it visually.

A market can move quickly away from a stacked imbalance, rotate around the imbalance or the
stacked imbalance can fail.
Orderflows 5.0 User Guide – Stacked Imbalances
Orderflows 5.0 User Guide – Stacked Imbalances
Orderflows 5.0 User Guide – Stacked Imbalances.

Stacked Imbalances often occur around areas of market sweeping activity since it is often the
result of quick aggressive trading. However, market sweeps don’t always result in stacked
imbalances.
Orderflows 5.0 User Guide – Multiple Imbalances.

There are times when imbalances are spread out through a bar and not neatly stacked on
themselves to generate a stacked imbalance. These imbalances are still important to note. When
there are 3 or more imbalances in the same direction in a bar that is just as important if not more
important than a stacked imbalance.

The Orderflows Trader will draw a box around the bar. The color of the box is the same if it is
bullish or bearish. The important thing is for a trader to notice there is multiple imbalances in the
bar.

If there is a stacked imbalance in the bar, the bar will obviously have multiple imbalances and will
be highlighted. The real power is in identifying the bars that have many imbalances spread out
through the bar.
Orderflows 5.0 User Guide – Multiple Buying Imbalances.
Orderflows 5.0 User Guide – Multiple Selling Imbalances
Orderflows 5.0 User Guide – Multiple Imbalances.

Multiple Imbalances help keep you in winning trades longer. For example, if you are long and you
start seeing bars with multiple buying imbalances you might consider letting the trade run.

Multiple Imbalances help you recognize when a trade you are in is falling apart. For example, if
you are long and you start seeing multiple imbalances in a bar you might consider taking profits
before your trade turns into a loss and you get stopped out.

Multiple Imbalances often occur before stacked imbalances do.

Orderflows 5.0 User Guide

Volume Profile –

Display the day’s volume profile.

Orderflows 5.0 User Guide – Volume Profile

Volume Profile can be shown on the left side of a chart or the right side of a chart or not shown at
all. The default is not to show at all.

A volume profile has two colors, green and red.

Green shows the volume traded on the ask (aggressive buyers buying from the offer).
Red shows the volume traded on the bid (aggressive sellers selling into the bid).
Orderflows 5.0 User Guide – Volume Profile displayed on the left.
Orderflows 3.0 User Guide – Volume Profile Displayed on the right.
Orderflows 5.0 User Guide

Zero Print –

Highlight bars that have zero print

at the edges of the bar.

In the earlier version of Orderflows

Trader this was grouped together
with the Imbalance Reversal
signal. We have separated it so
you can decide to use it or not.
Orderflows 5.0 User Guide – Zero Prints.

Zero Prints are a sign of a fast-moving market as it indicates very little counter trade in the two-
way auction.

Zero Prints are measured at the edge of the bar – near the top of a red down candle on the offer
side or near the bottom of a green up candle on the bid side.

A Bearish Zero Print will high-lighted with a down dark red arrow.

A Bullish Zero Print will be high-lighted with a dark green up arrow.

You can disable the Zero Print arrows by removing the check in the box that says “Enable Zero
Print.”
Orderflows 5.0 User Guide – Bullish Zero Print
Bearish Zero Print

Bullish Zero Print

Bullish Zero Print

Orderflows 5.0 User Guide – Bearish Zero Print
Orderflows 5.0 User Guide –

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