MT T&S Orderflow Analysis & Volume Analysis related indicators

Originally from ticket #3284.

Hi,
I have been trying out these indicators and while for some of them it is obvious what they are (as indicated) I would like to know more specifically what the following indicators do and with greater detail than is in the notes for each indicator. I am familiar with the topic area but without this additional information I feel like I'm just tweaking meaninglessly at inputs. Of course I do not want to see how they are coded, just what each is focussed on in more specific terms. Thanks,

MT T&S Order Flow Analysis
MT Tick Delta Analyis
MT Volume Delta Analyis
MT Volume PCI
MT Volume Power
MT Volume Price Bias
MT Volume Price Bias Power

MT T&S Order Flow Analyzer GUI - obvious
MT T&S Order Flow Momentum - obvious
MT T&S Order Flow Speed Of Tape - obvious
MT Volume Current Bid Ask - obvious
MT Volume Increase - obvious
MT Volume Momentum - obvious

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Hi

Certainly over time we will add some more info for each indicator into the forum.

Due to many 100s of daily free users of the Framework we can only afford to offer subscribers with more in depth settings support and info to assist with their trading + trading plan etc

For the free usage traders experiment and learn by setting a parameter and seeing the difference on the chart or by using the forums also. Forum posts and the notes and parameter descriptions are available to all

For all indicators:
green is long and red is short in all areas - and bias up/down long/short for filtering or signals

MT Tick Delta Analyis
MT Volume Delta Analyis
Are both standard Delta indicators but with a threshold param to control when the green or red triangle is displayed - and also allow different views of delta bar to bar

MT T&S Order Flow Analysis will show a green or red triangle to show when your "threshold" of difference has been achieved, cumulative or bar to bar... It allows many modes to compare - you can add 9 indicators to the same chart and then change bias mode from 0 to 3 and set metamode for each bias mode for example to see the difference - its just a question of preference - Output mode is count or a % - easier to work in % then spend maybe weeks trying to find out what a meaningful count is for an instrument.

The MT Signals T&S Order Flow Analysis - works off this indicator -please see here for guidance on signals indicators: There are 13 videos to watch on those as an overview - and will make life much easier saving weeks if you follow that: https://microtrends.zendesk.com/entries/59737249-Getting-Started-with-MicroTrends-NinjaTrader-Framework-Signals-Indicators

Also see: MT Signals T&S Order Flow Squeeze

Add the VOL indicator to a chart + these:

MT Volume PCI -was simply added to the MTNTF7 suite on request by a trader
some info here might be relevant: http://knowledgebase.mta.org/?fuseaction=kb.resource&kbResourceID=23B3ADFA-DEBB-B6B9-DE2AE2275BA04548

MT Volume power - displays volume as a grid of % -normalising volume -to a % from 1 to 100%
and will plot a background color when volume has increased significantly- above 100%.
shows red and green bias etc

MT Volume price bias: combines price trend with volume
MT Volume PRice Bias Power - normalises volume to a % and weighs the current value/volume price bias in a grid from -100 to +100% - red to green - stronger color stronger reading

hope that helps you -
Please let us know if we can be of more assistance

many thanks

Tom

MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/

Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums