ORDER FLOW TRADING

All The Order Flow Features You Need
-- In One Platform

Extensive and customizable Order Flow tools make it easy for you to analyze trading activity using volume, order flow and depth of market.

Volume Imprint (Footprint Charts)

Volume Imprint provides several ways to look at volume and how it relates to price. This study uses historical tick data to segment volume into price intervals. Each price interval divides the volume into bid volume and ask volume.

There are currently 5 different types of display candles:

  • Profile
  • Bid/Ask
  • Ladder
  • Delta
  • Volume

A summary profile can also be displayed that summarizes the volume that occurred over the given time span (visible bars, day, week or month). This summary can be displayed as a volume profile or ladder.

The Volume Imprint Study is included in our Order Flow Studies Pack (shown below).

Depth of Market (DOM)

The Depth of Market (DOM) shows the number of resting (limit) buy and sell orders. The DOM can also be used to display other columns such as trades recently executed on the bid or ask, orders being added or pulled and volume traded at each price level.

  • Highly customizable DOM to match your preferences
  • Add/Remove Depth of Market (DOM) Columns
  • Market by Order displays individual order sizes in the Bid/Ask Columns (Rithmic Only)
  • Set custom Exit Strategies
  • Create DOM Templates

Time Price Opportunity (TPO) Study & Component

The Time Price Opportunity (TPO) Study displays market activity using time and price (sometimes known as Market Profile).  It plots the difference between the Bid/Ask Volume as it accumulates throughout the trading day.

  • Highly customizable settings to match your preferences
  • Display TPO Point of Control, Value Area
  • Split/Merge TPO Profiles
  • Shows key support and resistance price levels.

An additional Time Price Opportunity (TPO) Component offers a convenient way to drag/drop a TPO onto a chart and dynamically adjust the range using the resize points.  It displays a histogram that represents the amount of time spent at each price range.  The TPO Component is effectively the same as the TPO Study, except that only one TPO is displayed and you can configure the data range by moving the resize points.

The Time Price Opportunity (TPO) Study is included in our Order Flow Studies Pack (shown below).

Volume Profile Study & Component

Volume Profile Study displays the distribution of volume traded at each price (or price range) for a given period of time. This identifies how trading activity is distributed by volume (exchanged units) and shows key support and resistance levels.

Additional Volume Profile Component offers a convenient way to drag/drop a Volume Profile onto a chart and dynamically adjust the range using the resize points.  It uses tick data to display a histogram of volume at each price level for the given range of price bars. The volume profile will optionally compute common information such as:

  • Value Area
  • Point of Control
  • Bid vs Ask Volume and Deltas
  • Midpoint, High/Low values

DOM History Study

The DOM History Study shows the historical display of cumulative limit order sizes above and below the market price.

It graphically displays historical Depth of Market sizes captured at the end of the bar. Blocks are shaded according to their relative size. Darker shading indicates higher sizes (lighter shading on dark chart themes). Blocks where no depth currently exists are extended forward to show where orders may still exist.

This study can be very useful to discover where potential support and resistance levels exist based on the cumulative size of the orders to buy or sell at the given price.

The DOM History Study is included in our Order Flow Studies Pack (shown below).

VWAP (Volume Weighted Average Price) with Standard Deviation and Anchors

The VWAP (Volume Weighted Average Price) Study uses historical tick data to calculate the average weighted price by volume. Optionally, ticks can be generated from historical minute bars.

  • Set up to 3 Standard Deviation Bands
  • Use Anchors to set the starting point for calculating the VWAP

Time and Sales

Time & Sales (reading the tape) shows a real-time display of the time and price a trade was filled at, and the size (volume) that each trade includes.

This tells you if there are currently more buyers or sellers, and what prices they are buying and selling at.

  • Highly customizable Time and Sales to match your preferences
  • Highlight Big Sizes
  • Aggregate Periods
  • Min/Max Trade Size

Big Trades Study

Shows historical trades on the chart that are greater than or equal to the given minimum size. This lets you see the large trades to see how big traders are positioned.

Speed Gauge Study

Displays live statistical values graphically on the price graph. 

Depth of Market Study

Displays the available bid/ask sizes at each price level on the chart instead of in a separate DOM panel or window.

Speed of Tape Study

Measures and displays the current and historical speed pace of the market for a given statistic over an interval (in seconds).

DOM Power Study

Displays current/historical order demand at the bid and ask. The delta is displayed to show where support and resistance exists.

Bid/Ask Volume Study

Displays bid volume and ask volume as separate paths. Optionally shows where these paths cross (generating signals). Identify changes from buying pressure to selling pressure.

Delta Volume Study

Displays the difference between the Ask and Bid Volume as a candle chart in a separate graph. Positive values indicate buying pressure and negative values indicate selling pressure.

 

Cumulative Delta Study

Displays the accumulation of the delta (difference between ask and bid volume), to show you if there are more buyers or sellers at a particular price.

Order Flow Studies Pack

These 11 Studies (all highlighted above) are part of the Order Flow Studies Pack, which is included in our Order Flow, Professional, and Ultimate Editions, and can help you gain an edge when analyzing order flow:

  • Bid/Ask Volume
  • Big Trades Study
  • Cumulative Delta
  • Delta Volume
  • Depth of Market
  • DOM History
  • DOM Power
  • Speed Gauge
  • Speed of Tape
  • Time Price Opportunity (TPO)
  • Volume Imprint

Additional Volume-Based Studies

MotiveWave has many volume-based studies included in ALL of our editions:

  • Accumulation/Distribution Line
  • Better Volume
  • Daily Volume Profile
  • Ease of Movement
  • Elastic Volume Weighted MA
  • Herrick Payoff Index
  • Klinger Volume Oscillator
  • Multi Vote OnBalance Volume
  • Negative Volume Disparity Indicator
  • Negative Volume Index
  • On Balance Volume
  • OnBalance Volume Disparity Indicator
  • Open Interest
  • Percentage Volume Oscilltor (PVO)
  • Positive Volume Index
  • Relative Volume
  • TFS Volume Oscillator
  • UpSide DnSide Volume
  • Volume
  • Volume Accum PerCent
  • Volume Accumultion Oscillator
  • Volume Oscillator
  • Volume Price Confirmtion Indicator (VPCI)
  • Volume Price Trend
  • Volume Profile – shown above
  • Volume Rate of Change
  • Volume Weighted Average Price (VWAP) – shown above
  • Volume Weighted Moving Average (VWMA)
  • Volume Zone Oscillator

Please Note:  If you are looking for the OFA Modules from Order Flow Analytics, they are not included in the MotiveWave editions and must be purchased separately as an Add-On through orderflowanayltics.com

Compare Order Flow Tools in All MotiveWave Editions

All of our Order Flow tools are included in our Order Flow, Professional and Ultimate Editions. 

Quickly compare which Order Flow tools and studies are in each of our editions below. 

…But we’re not just Order Flow software. Click on the ‘See Full List of Edition Features’ link on any edition below to see the full set of features included, and all pricing options.

Join Over 50,000 Registered Users Around The World

Take our no obligation, risk-free 14 day free trial of our MotiveWave trading platform. You’ll have full access to all of our trading software features found in the Ultimate Edition during the trial. We do not ask for any credit card information.