NinjaTrader 8 Question...

marc82much · Nov 22, 2020

I have a lifetime license to NT8.
I saw this web page https://ninjatrader.com/Order-Flow-Trading
and would like to download this software. Yet, I cannot find out how to do it.

Can anyone tell me how to do this?

wartrace · Nov 22, 2020

The indicators should already be in your indicator list providing you have been keeping Ninjatrader 8 up to date. Just scroll down to "orderflow" and the indicators start there. You should also see a "volumetric bar" option in the chart type.

marc82much · Nov 22, 2020

Holy Sh!t - that was easy. Thanks. I had no idea!!
Much gratitude.

wartrace · Nov 22, 2020

marc82much said:
Holy Sh!t - that was easy. Thanks. I had no idea!!
Much gratitude.

Now the fun begins! Can you use the information to make better trading decisions? I find the footprint chart and delta info very useful. I find the volume profile somewhat useful and the depth of market not so much. Of course it all depends on your own perspective.
There is a lot of free education available out there. One guy who might help explain the footprint/delta a little better than some Mike Valtos of orderflows.com as he has quite a few free videos on youtube. You do not have to purchase his software to use the concepts he shows; most of what he teaches is basic understanding of the footprint chart. (This is not an endorsement- I just found his videos informative. Yes he does push his products during the videos BUT he also states you don't "need" them.

https://www.youtube.com/channel/UCI37HXPO1f4o9j4SA83-Iog

Laissez Faire · Mar 26, 2021

wartrace said:
Now the fun begins! Can you use the information to make better trading decisions? I find the footprint chart and delta info very useful. I find the volume profile somewhat useful and the depth of market not so much. Of course it all depends on your own perspective.
There is a lot of free education available out there. One guy who might help explain the footprint/delta a little better than some Mike Valtos of orderflows.com as he has quite a few free videos on youtube. You do not have to purchase his software to use the concepts he shows; most of what he teaches is basic understanding of the footprint chart. (This is not an endorsement- I just found his videos informative. Yes he does push his products during the videos BUT he also states you don't "need" them.

https://www.youtube.com/channel/UCI37HXPO1f4o9j4SA83-Iog

Hi there,

Do I understand you correctly that you use the Ninjatrader OrderFlow tools?

I'm considering buying the Lifetime license. I already lease Ninja, so it pretty much makes sense to simply buy it. It will lower my rates, too.

I'm a bit curious on Volume Profile/Market Profile concepts, so would be interesting to give them a bit more study.

Regards.

wartrace · Mar 26, 2021

Laissez Faire said:
Hi there,

Do I understand you correctly that you use the Ninjatrader OrderFlow tools?

I'm considering buying the Lifetime license. I already lease Ninja, so it pretty much makes sense to simply buy it. It will lower my rates, too.

I'm a bit curious on Volume Profile/Market Profile concepts, so would be interesting to give them a bit more study.

Regards.

The ninjatrader orderflow tools are ok but I use Gomi's tools along with orderflows.com because they have some features Ninja doesn't have (yet). DON'T EXPECT that orderflow will give you a green/red light system.

Laissez Faire · Mar 27, 2021

wartrace said:
The ninjatrader orderflow tools are ok but I use Gomi's tools along with orderflows.com because they have some features Ninja doesn't have (yet). DON'T EXPECT that orderflow will give you a green/red light system.

Thanks.

My expectations are low. I would mostly buying the lifetime license in order to stop paying lease fees and at the same time lower my commissions.