Order Flow Trading Strategies:

[Joeboy]

Analyzing Market Depth and Order Book Dynamics for Decision Making

 

[tcappuccino]

Hi, if you know tool for mt4, you can, but otherwise, these days,.. already are, but I would say.. pretty much Volume profile can help you and such things like footprint, is available only in some platfoms, and in FX where environment is so fast, and so small amounts of contracts per price, and competition to HFT bots, its very challenging, to trade like Futures, market.. But, who has skills, sky is open.. I believe its about hard work and tons of time, spending by screen... + knowledge of fundamental analysis, my opinion is useless in tick scalping..

 

[Joeboy]

Yeah gaining more knowledge is really important. Thank you for sharing your idea

 

[tcappuccino]

Also, I am curious if, why this thread is opened, if this bot, is programmed only patterns.. so it doesnt have nothing with OF trading.. High news impact will always messy, some nice looking pattern on low time frame, so keep it in mind.. Wyckoff cycle, is perfect example on higher time frame, where some bots are specially designed, to get edge to trade in particular phase of cycle..

 

[Joeboy]

That's why in my opinion I don't trade with the news. I trade after the news. Also constant tweak to bot's parameters is recommended