A few years ago I purchased software OFA and software major limitation, there is no option to change to minutes or hours each interval other than from a bar ofa very restrictive and uncomfortable. I think ladder metro volume that takes some software OFA What also has to volume ladder metro many options.
I would add software to the possibility pullback bar will show the last bar's face and it was excellent.
Don't take this the wrong way, but its puzzling to me that anyone would consider spending 2500 bucks based just on a webinar.
Here are 2 recommendations:
Ask them for a paid trial or something, most Vendors dont give out freebies...but I'm sure they would be willing to let you try it for a fee.
Here is something else you could do with 2500:
You could simply go long/short 1 contract of the SP500 futures...and have a 50 point stop on your trade.
I bet you would make money with Option 2 (and you would risk the same or less than the 2500 you spend on Vendor)...BUT with a much better return on your investment.
Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
The following user says Thank You to SpyderTrader for this post:
I'm curious if anyone in F.IO has used their newly released tools? I'm interested in reading some first hand experiences with their OFA Essentials Package that includes the following:
Probe & Rotation Charts
Volume Cluster Analysis
Toxic Order Flow Tool
Drag & Drop Profile Tool (very curious about this one.
I've been watching the daily trade videos on their YouTube channel and really like the ease with which these tools allow analysis in NT7 to be performed. I recognize it's not the holy grail, but it does seem to be very well coded and efficient to use which is important for intraday trading.
I purchased all the tools and there is a big problem that it is impossible to change the graph of the OFA by time or another bar of any kind. A completely closed system, and if you add indicators on the chart not work or do not work well. About their service is not good service medium and down. I bought indicator cost several hundred $, I asked that day cancel the transaction and what I sent many letters I received this answer does not cancel any transaction.