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Ocean City, New Jersey/United States
Experience: Advanced
Platform: NT8
Broker: NiNjA
Trading: Options
Posts: 84 since Sep 2013
Thanks Given: 37
Thanks Received: 52
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If you do a quick search you will find many threads that discuss the indicator. The main idea is price tends to drive to the direction of the larger persistent bid or ask. within the indicator the ratio is displayed as well as a shaded triangle indicating direction of flow. I have found that the ratio really should be above one and a half to mean anything at all. the order flow numbers are colored in white so make your background of your chart at least silver so it will display properly. you will constantly need to resize your window and slide it around as the auto frame does not center the indicator and gets cut off. it's a very good tool and there are many variations out there that cost a lot of money this one does the job. hope this helps
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There are many ships at the bottom of the sea, full of charts.
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