BG Order Flow Helps Traders identify buying and selling pressure through the analysis and visualization of trade activity.
The BG Order Flow Indicator uses volumetric bars in market depth, to confirm movement in specific market direction.
Volumetric bars provide traders with a Tick by Tick representation of the buying and selling pressure within each bar of the market.
It utilizes footprint style visualizations to show OrderFlow in balance, Perform market delta analysis and identify volume clusters, absorption, exhaustion and unfinished auction patterns.
Red numbers on Left = Bid = Bid is bigger than ask.
Blue Numbers on the Right =Ask = Ask is bigger than bid.
Green and Red Number at the top of the Candle is positive and negative Delta- Green Price is going up. Red Price is going down.
Blue Number's in the Candles is Imbalances.
Red Box in each Candle is High Volume Nodes
Go Long with Blue Triangles under price.
Go Short with Red Triangles above price.
Yellow Highlighted Boxes of the Right side Bar = Buyers
Go Long when yellow highlighted boxes appear below price
Yellow Highlighted Boxes on the Left side bar = Sellers
Go Short when yellow highlighted boxes appear above price
Works best on 4 or 5 Range Bars
Yellow Bar on Top = Short.
Yellow Bar on Bottom = Long.