$249.00 – $595.00
The Ultimate Order Flow Price Bars measure actual buying and selling pressure and complete / form bars based on the completion of the input number of net bid / ask ticks. These bars operate in a similar manner to the Ultimate Tick Bars and all the same concepts apply. These bars let you view the market and make your charts based on the actual order flow that is driving the market. This means by using a bar type like the UOFB, you are aligning yourself with the way markets actually work!
Many traders do not consider when building a chart that the bar type they are choosing is the starting point where everything else added to the chart follows. This is no small point. Many traders will simply add a chart bar type according to something they might have read in a book or got from another source. But this choice has a huge impact on what you actually see when you look at a chart and it therefore impacts what information is fed to the indicators on the chart. Bars fundamentally are filters. They hide certain things and reveal others. The UOFBars will show you, and feed to your indicators actual buying and selling pressure. Because of this, the bars will tend to close at their highs and lows (in addition to other things). As a result, information fed to your indicators will be based on exact points where pressure is occurring. In this way, you could also think of them as buying/selling or supply/demand bars, making these price bars not random as is the case with many traditional bar types.
UOF Bars also enable you to work in Tick Replay mode in NinjaTrader8, to reference the bars to a session start time, a round number, the beginning of the chart, or to offset the bars by a given number of ticks up or down. This makes it possible to make collaborative projects easier as the bars can then match from one machine to another. If you are running various systems on your charts, it also enables you to have various versions which opens the door for you to have your own (or different) liquidity pockets where you are trading over what would be the standard trade points. This creates a lot of flexibility for any number of applications.
The video(s) below covers various key points on the operation of the Ultimate Tick Bars and these patterns are also applicable to this bar type. If you already have the Ultimate Tick Bars, you can upgrade / add these bars at a Smart great price (see choices at checkout).
Also look in the related products section below or Smart Patterns Systems or other categories from the drop down menu above that include or can be combined with this great tool to create a comprehensive strategy and for special pricing.
|Ultimate Order Flow Bars NT8|
I want to get a lifetime license for Ultimate Order Flow Bars for NT8 for up to two machines (non-simultaneous logins), I already own the Ultimate Tick Bars and want to ADD a lifetime license for Ultimate Order Flow Bars for up to two machines (non-simultaneous logins)