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Charting VS orderflow

  #20 (permalink)

Milwaukee, WI
 
 
Posts: 88 since Jan 2014
Thanks: 4 given, 44 received


Grantx View Post
Thanks for sharing your chart. Nice looking setup.
What did you do to get D? Does it paint a bar where large orders are sitting?

D is just one data point in the Chart DOM. For some reason CQG started providing 50 levels of bid and ask data on CL so now the Chart DOM displays a lot of levels and every now and then a whopper shows up. Often it is pulled a little bit later, but sometimes it sticks and sometimes price starts heading towards it. Sometimes price even gets there. It can be a useful target.

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