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Ninja & Order flow Analytics


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Ninja & Order flow Analytics

  #1 (permalink)
eddysmc
Monaco
 
Posts: 14 since Sep 2013
Thanks Given: 2
Thanks Received: 1

Hi all,

I currently download the free version of Ninja Trader an the free package of OFA Analytics.
After following the 2 Tutorials i try to display the OFA indicators as they did in the tutorial on a ES globex chart.
I 'm taking the data through my IB account but i still can't display the graph. If someone have an idea ?

Thanks in advance for your help.

Edouard


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  #2 (permalink)
 
bd92154's Avatar
 bd92154 
San Diego
 
Experience: Intermediate
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eddysmc View Post
Hi all,

I currently download the free version of Ninja Trader an the free package of OFA Analytics.
After following the 2 Tutorials i try to display the OFA indicators as they did in the tutorial on a ES globex chart.
I 'm taking the data through my IB account but i still can't display the graph. If someone have an idea ?

Thanks in advance for your help.

Edouard


Are you able to connect to IB for your Level II data with NT7? I have never used the free version of NT7 for more than a day before purchase so I could get data and trade.

Also there are restrictions to IB data which may not work with OFA unless you have a paid for version of NT7; provided OFA is also using IB Data for demo. I don't remember them saying that it would work with IB Data...

Attaching chart that may help you in future with NT7.


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  #3 (permalink)
eddysmc
Monaco
 
Posts: 14 since Sep 2013
Thanks Given: 2
Thanks Received: 1


Hi everyone,

I finally find out how to display the order flow chart with ninja trader free license. One thing i still failed to setup up is the Volume cluster(Green or red zones) is there someone knowing how to do ?

Many thanks,

Edouard

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  #4 (permalink)
 
Greatwest1's Avatar
 Greatwest1 
Nelson, B.C. , Canada
 
Experience: Intermediate
Platform: Ninja
Broker: IB.ca
Trading: Tf, 6E-soon, ES,CL
Posts: 53 since Dec 2011
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Good for you in loading up OFA onto Ninja and IB.
One thing - the red and green zones are only in the paid version.
I have a free version for now, but will buy the paid one- it is worth it.
If you join their analysis room for 99.$/mn. they can help teach you to
use it.
But- it definitely is NOT a call - out trading room. They only give out ideas
where support and resistance is.
I've only been there a week , and they are quite accurate; and she has
been there for 5 years now.

Very important point- IB does not have very good data for using the OrderFlow charts-
I have both IB and IQ-feed and IQ-has the most accurate data out there.
The numbers are not quite the same and I guarantee you will make poor entries using
IB (averaged) data. If you want to make a living by trading - get the IQ feed.
It's like wanting to be a painter- you eventually have to go out and buy some brushes !!
*
I find their morning commentary fills in the gaps in my logic -- I need
to make better trade decisions.

But remember their room does NOT tell you when to enter or exit trades- they
expect you to learn your own style using the ORDER flow data.
*
One great thing is they don't chatter all day long- it's quiet and they say Just the Facts!
Cheers,
Greg K.

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  #5 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Mike

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Last Updated on October 24, 2013


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