Order Flow Questions

[febreezus]

Is there anything like a map of level II market depth (standing orders) available for ToS? Or is it not possible to get this info in thinkscript? I'm envisioning basically a plot of the standing orders like you can get with Level II, but plotted to the right of a candle chart, to give a visual sense of where the standing orders are clustered.

 

[imnobody]

Please let me know if you find anything

 

[yman]

Is it possible to make an indicator that tracks historical order follow bid/ask size and project it instead of chart like bookmap? I use active trader (dom) with volume and trade count but was looking to see if its possible to track that order flow and record and project it on the chart like cloud or heat map
Thanks

 

[XeoNoX]

TOS does not have the think script code and/or features necessary to perform this as of todays date.

 

[ABCswing]

Hello how are you?

Do you know if there is an order flow indicator in tos?

Thank you

 

[Pumper]

I'm looking for something like that in the video. Anyone have a code for it?

 

[scott69]

Lots of discussions about adding these types of features to TOS. No definitive answers to date. Some Day traders love and rely on "order flow" and if it is really important to you, you can always check out Jigsaw. I'm sure there are others.You'll have to pay for it, but if it makes you money, the expense is minor.

https://www.jigsawtrading.com

https://www.trusted-broker-reviews.com/order-flow-trading/

Google "Order Flow" for other suggestions

 

[soliko]

anyone have this indicators order flow on ninja trader?

 

[MerryDay]

anyone have this indicators order flow on ninja trader?

You can read more about ToS order flow here

 

[Ronathan Edwards]

Footprint orderflow delta and volume
... wish TOS could implement this... this is how the big boys trade.

 

[Mark1126]

Create a support request with TOS and ask them to add Bookmap trial.

 

[Ronathan Edwards]

Bookmap is cool, but I don't trust big block orders that end up disappearing. Footprint is what ACTUALLY happened.

 

[zeek]

If you want Footprint charts, i recommend Sierracharts. TOS doesn´t have access to real bid/ask data so it´s impossible to build indicators that reflects the actual transacted volume at each price level.

Bookmap is just another way of showing where passive liquidity is positioned in the books. For transacted volume that took place, footprints is the way to go.

 

[Ronathan Edwards]

If you want Footprint charts, i recommend Sierracharts. TOS doesn´t have access to real bid/ask data so it´s impossible to build indicators that reflects the actual transacted volume at each price level.

Bookmap is just another way of showing where passive liquidity is positioned in the books. For transacted volume that took place, footprints is the way to go.

There IS kinda a version on TradingView... the layout isn't as nice... but I'd imagine T.V. is much cheaper than Sierracharts.

 

[zeek]

There IS kinda a version on TradingView... the layout isn't as nice... but I'd imagine T.V. is much cheaper than Sierracharts.

Yeah i´ve seen it but it has some limitations because tradingview doesn´t provide historical bid/ask data so everytime a new symbol is loaded or browser/script is reloaded, the previous symbol data is lost but yeah, it´s a cheaper alternative for anyone who wants to try footprints.

Sierra is IMO a nightmare to set up and the learning curve for the software is very high so it took me a good while to set everything up the way i wanted and i had to reach out to other more experienced Sierra users for guidance. But once everything was set up, the charting worked great and you have all historical data saved as well for analysis.

There´s this new platform which i found recently called GoCharting which is all web based. They currently have a beta site which has orderflow tools even for stocks like footprints, imbalance and cluster layouts. Pretty cool!

 

[Ronathan Edwards]

Yeah i´ve seen it but it has some limitations because tradingview doesn´t provide historical bid/ask data so everytime a new symbol is loaded or browser/script is reloaded, the previous symbol data is lost but yeah, it´s a cheaper alternative for anyone who wants to try footprints.

Sierra is IMO a nightmare to set up and the learning curve for the software is very high so it took me a good while to set everything up the way i wanted and i had to reach out to other more experienced Sierra users for guidance. But once everything was set up, the charting worked great and you have all historical data saved as well for analysis.

There´s this new platform which i found recently called GoCharting which is all web based. They currently have a beta site which has orderflow tools even for stocks like footprints, imbalance and cluster layouts. Pretty cool!

Sweet! I'll check it out... REALLY interested in trading using Footprints... Weird, I logged in on website, and there is NOTHING, can't bring up a stock, only some crypto...

 

[CrownJewels]

Any good recommended videos on how to learn to read footprints? I thought Bookmap was pretty good. But oh boy, yall on another level than I am.

 

[ulle73]

Any good recommended videos on how to learn to read footprints? I thought Bookmap was pretty good. But oh boy, yall on another level than I am.

+1, would be highly appreciated