Here are some MP charts for CL with S/R as well as something new I am looking at. I have some of what Orderflow Analytics offers, but from what I am told CL may be to thin of a market for it, but I'm hoping if when trading at predefined levels and or the VWAP area for continuation, it may be useful. I've posted some examples based on the profile, the 1000 volume chart with VWAP and the OFA charts. Enjoy.

David

I asked about bootcamp cause I wanted to get the software but I read they won't do it without bootcamp. I feel like I have a good handle on the volume ladder patterns (responsitive & intiative buying & selling) from l2st, the ofa webinars, and other sites. so I don't want to pay $2500 either. I imagine they'll have to lighten up on this if they want experienced traders to use their software.

So how much is it per month?? I'm interested in trying it for a month.

Yeah I meant higher liquidity or volume markets. ES is great. I think Euro is interesting cause it's a mix between liquidity of ES & volatility of CL. I mainly studied CL while in the l2st room and you have to be very very quick and get out quickly when wrong. You have to be willing to take several shots at it and then hold for a big winner. It's a different method than what I use on ES. It works for Kam of L2ST so I'm sure with a lot of practice one can do it.

I asked about bootcamp cause I wanted to get the software but I read they won't do it without bootcamp. I feel like I have a good handle on the volume ladder patterns (responsitive & intiative buying & selling) from l2st, the ofa webinars, and other sites. so I don't want to pay $2500 either. I imagine they'll have to lighten up on this if they want experienced traders to use their software.

So how much is it per month?? I'm interested in trying it for a month.

Yeah I meant higher liquidity or volume markets. ES is great. I think Euro is interesting cause it's a mix between liquidity of ES & volatility of CL. I mainly studied CL while in the l2st room and you have to be very very quick and get out quickly when wrong. You have to be willing to take several shots at it and then hold for a big winner. It's a different method than what I use on ES. It works for Kam of L2ST so I'm sure with a lot of practice one can do it.

Thanks David for order flow charts. Totally agree that scalp signals should be used in context of mp levels, especially it will work good on high & low of previous excess zones. I am curious, can we build a strategy around and backtest order flow signals in OFA ?

The software can be leased for $100/mo. that is for the license. If you want the indicators shown which include the cluster classification (colored areas), COT (colored COT) and Scalp(gold box) they charge extra as a one time fee. The also offer pivots that are based on volume not OHLC and are like value areas etc. They seem to work well from what I've seen, but I already spent too much. they have all the prices on the site for the indies. I don't recall all the pricing.

It's unfortunate they have a one-time fee cause that makes trying it out for a month very expensive. What use are the indicators without the software? Doesn't make sense unless one is going to lease it for a year or more.

Here is a MP chart for CL with some S/R levels. I also show some possible trade areas with the OFA software. The software is probably better with markets with more volume.

D

What time frame do your profiles represent? You could trade that in real time on the sim.
I like your charts.

Here is a MP chart for CL with some S/R levels. I also show some possible trade areas with the OFA software. The software is probably better with markets with more volume.

D

Hi David,

Ist thanks for this useful thread. You are using OFA plateform and if so then whats your opinion about its performance as compared to what they speaks. I go through all recordings and looks good for ES as they quote all examples from ES. 2nd as you mentioned that might probably the possible return point , you are right as most of time traders play CL just from smaller time frames just hit and run, If you show that point from 5 and 15 mint chart then may be it provide better idea. one more question, which one charts better work with OFA software, time or volume. Can you give example for ES and CL.