Order Flow and volume profile trading

[mt4trader]

Because it is level 1 data .level 2 data shows 5 ask bids and level 3 data shows 10 ask bids.

No one providing level 2 3 data in India for retailers.

Yusi dont know how to extract level 2 from nest.
For small retailers level 1 data is sufficient.level 2 3 data is more required by institutions who need to buy sell lot.without level 2, 3 data they can not get or offload in large quantities.

with level 2 data we will know where support is. though some order are fake but still we can know where is support.

 

[PRADYSH]

Hi mt4trader
Kindly post post the levels sir

Regards
Pradeesh

 

[mt4trader]

today crude may be expected normal range
key level to watch 2333 2345
downside 2303 2295 2285 2264

 

[blackberry]

See nifty 5 minute...........
Weakness in nifty due to divergence..........only retail participants are in market till now..
May be good opportunity of shorts

 

[karthik_sri]

Finally i hv setup the method in Ninja...hope the setting and indicators are correct...seniors pls advise...
hv done the same in NIFTY_1 with 5 min chart....

Thanks MT4, BB for their guidance...

 

[mt4trader]

for nifty and other futures in nse change BA NUMBER FORMAT to LOT.
and change LOT size accordingly, for nifty 75 bank nifty 30 other futures as per exchange
and also select BINARY AND RECORD TRUE

 

[mt4trader]

KARTHI you will get nifty like this chart

 

[mt4trader]

NAKED POC AND UA are good trade setups.
if you practice these two setups sufficient

 

[amandeep86]

See nifty 5 minute...........
Weakness in nifty due to divergence..........only retail participants are in market till now..
May be good opportunity of shorts

But Delta divergence is positive shows more aggressive Buyers and retail are selling.

Could not understand for shorts entry,pls advice

 

[mt4trader]

some tips to run ninja more speed.
1 minimize the charts which are not using
2 run the indicator set ninja trader priority.
3 load zero days data.
4 increase screen update 2 seconds default .5 second