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    cTrader Order Flow Indicator


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    The cTrader Order Flow Indicator is a tool used in financial markets for day trading to analyze the flow of buy and sell orders in real-time. It helps traders understand market activity by visualizing the quantity and direction of executed orders, providing insights into market sentiment, price movements, and potential reversals.
    (OS) Type: Windows & Mac OS Compatible
    Current version: 1.0
    Updated: Monday, 21 October 2024
    Author: ClickAlgo Team

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    cTrader Software



    Short-term or day traders often use these indicators to make quick decisions based on real-time information. The candlestick chart displays the volume traded at each price level within a bar (or candle), helping traders see where significant buying or selling occurred during the candle's formation.

    A Footprint Chart is a specialized tool in order flow trading that offers a detailed view of volume and order flow within each price bar (or candle). It reveals the internal activity of a candlestick by displaying key information such as the number of trades at each price level, differentiating between buyers and sellers, and highlighting imbalances in volume.

     

    cTrader Order Flow Indicator

     

    Why Use Footprint Charts

    Footprint charts are a powerful tool for traders who want to go beyond traditional technical indicators and study real-time market sentiment through order flow. Footprint charts can be overwhelming for beginners due to the sheer amount of data and analyzing every bar in detail may be time-consuming compared to other chart types.

    • Day Traders: Footprint charts provide granular data to help day traders make quick, informed decisions based on market order flow.
    • Scalpers: Traders looking to profit from small price movements over short periods use footprint charts to find ideal entry and exit points.
    • Professional Traders: Many institutional traders and advanced retail traders use footprint charts to get an edge in understanding market dynamics.

     

    How To Install & Remove

    Follow the instructions below to install this indicator.

     

    Any Questions?

    If you have any questions, search our product help forum for the answer, or post a new question.

     

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