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 ?
Broker/Data: TDA/Interactive Brokers/ Data Feed TDA and Kinetick
Favorite Futures: Stocks NASDAQ
Posts: 813 since May 2011
Thanks: 1,520 given,
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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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 ?
The following user says Thank You to eddysmc for this post:
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
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!
Last edited by Greatwest1; October 24th, 2013 at 04:38 PM.
Reason: grammer - as usual !
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