Gentlemen,
Are there any real Bid/ask Delta indicators are actually worth anything?

I have experimented with Bid/Ask Delta before --- but never really liked their execution.

THE ONLY ONE which I liked ( and that I have used ) is >>>>

The Auction Dashboard bars for NT7 >> .those were pretty damn awesome

Those are bars >>> that actually will print the VALUE AREA/ 68% of Volume OF THE BAR it self... and will make that THE BODY of the bar.

That is cool because you see where most of the volume happened in the bar instantly. pretty cool...

But what is even cooler -- is that the guy that made them had an even better idea and that is --- to take the BID/ASK DELTA of that 68% chuch of high volume/value area of the bar.

He takes the DELTA of that 68% and then that is the Delta for the bar -- not the entire bar.

That is very very cool.

When you combine that with the REVERSAL BARS for NT7 from Xav1089 you get some great orderflow highlights. I throw Auction Dashboard on the his Reversal bars >> that have the 2 inputs D12R5 for NQ

I haven't tried his other ones that don't have 2 inputs.

So that Delta method is pretty cool because -- it highlights EXTREMES in DELTA >>>> which is all you need <<<
>>> Just the extremes<<<

The only problem is that it is only available for NT 7.

I was wondering if anyone knew of anything good for NT 8.


Extremes in Delta --- like VERY VERY "GREEN" Delta or VERY VERY "RED" are what matters

and when Delta goes from Green to Red very rapidly -- that is all that matters really -- not a a ton of minutia.

But anyway -- just wondering if any of you guys found anything that is remotely helpful... or is all Delta crap???

I think Delta is only good at very very good levels -- to sort of confirm them... but I could be wrong.

You get in at your level at an extreme of DELTA -- and then you want to see price stop...
start to turn and get rejected from your level... and delta start to change...


Has anyone seen any other PAID or UNPAID delta or orderflow... Just wondering what else is out there.

This can be done in NT8 but I have not seen it commercially available, but this might be because I haven't looked for it.

I have coded this myself on a bespoke data series to outline bars showing "extreme delta" of the 68% outlined in green and "divergence delta" outlined in magenta. I can also show the VPOC of the overall bar and the VPOC of the value area of the bar (not shown here). This is not a silver bullet, but does give highly accurate locations for trade entry.




Your best bet in this instance to get exactly what you want is to spec it out and pay a coder to do it. You can try to find something commercially available but it might not be tailored to what you are looking for.

You can then (and this is a hint but I won't give this away) start looking at the total of the 10 levels of market depth and compare those totals to the overall bar delta or the bar delta of the 68%.

Awesome --- Looks pretty cool.
Also yea you are right all I need is good areas to initiate a trade or even start looking for trade entries.

Right now for that I use the Volume Analyst from Trade The Plan >> with the Relative Volume and the Relative Range. Both are super powerful.

They give areas to start looking at the market.

THEN >>> I manage and all trades with Order Flow Jigsaw DOM.
I look for important bars on the Relative Volume or Relative Range to appear which is a the big boys putting a massive position.
Then I use the DOM to find out who is winning the battle sort of speak... or where they are going...


Trade The Plan also has some bespoke bars that you may like -- they are really good as well.

He has a ton of programs -- but honestly for me the only 2 valuable ones are the VolumeAnalyst and his bars [ Roe Bars - used to be called Hybrid bars also ].

Those are the 2 programs that I like the most from him now -- unless you want to be a pure Market Geometry trader....
He wants to almost completely automate Market Geometry so he is building tools for that.
I think important areas -- then use orderflow and other things to enter are better -- but that is just me.

I agree mostly, although I think the word Order Flow is probably the most overused word in trading the past 10 years! Although the information it provides is useful, but only if you know how to execute from it as it is subjective at best.

I have not seen the vendor you are referring to before, but I had a look at his Roe bars - that is quite to cost for what looks like a very simple bar type / chart style to code. I just hope he gives people a free trial of his products.