Orderflow and volume profile analysis

[kishore569033]

Hey guys i am learning about orderflow and volume profile in futures market to use it in forex , first of all where can i find best real time demo/free trial data feed and wich platform is good for this job? Do you have any order flow indicator that works well?

 

[Caterpillar007]

I thought ninjatrader had some data, but thanks for clarification brother

 

[ticktraveller]

But I believe u can use Oanda data feed into ninjatrader which is free. I am not sure whether u can have orderflow though on that raw forex feed

 

[Photon6]

I always wondered if volume profile works for Forex when there is no central exchange!

 

[Jonathan Lee]

Hey! For real-time demo data and free trials in the futures market, you can check out platforms like NinjaTrader, which offers a free data feed for demo trading, or TradingView, which provides volume profile tools with real-time data (depending on the plan). Bookmap and Sierra Chart also specialize in order flow and volume profile, though they tend to be paid services after a trial.

For order flow indicators, MarketDelta and Footprint Charts are popular tools for visualizing order flow. These tools show bid/ask volumes at different price levels, which can give insights into market sentiment. For forex specifically, platforms like MetaTrader 4/5 with custom plugins or NinjaTrader are great choices. Look for indicators like Delta Volume, Cumulative Delta, and Footprint Charts to analyze order flow effectively.

Good luck with your learning!

 

[Jason Libson]

For real-time demo or free trial data, platforms like TradingView, NinjaTrader, or ThinkOrSwim offer excellent options. For order flow analysis, you can explore Sierra Chart or MarketDelta. Popular order flow indicators include Footprint charts, Delta, and Cumulative Delta, which provide insights into market dynamics and volume analysis.

 

[Astute]

I always wondered if volume profile works for Forex when there is no central exchange!

Volume profile works in forex trading...so does tick volume.