POC Wave Analysis With Orderflows Trader 7 For NinjaTrader 8 Order Flow Trading Strategy

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Күн бұрын

www.oft7.com
POC wave is a 3 bar order flow set up based on where the Point of control appears over the 3 bars.
Sure, I can expand on the concept of a POC (Point of Control) Wave, which is a three-bar order flow setup based on the location of the Point of Control.
The Point of Control (POC) is a valuable concept in order flow analysis and represents the price level where the most trading activity occurred during a specific time period or bar. It is considered an area of fair value or equilibrium, where buyers and sellers were most actively engaged.
The POC Wave is a three-bar pattern that helps traders identify potential order flow imbalances and potential trading opportunities based on the location of the POC relative to the current price action. Here's how the POC Wave setup works:
1. Bar 1: The first bar establishes the POC for that particular time period.
2. Bar 2: On the second bar, traders analyze the position of the current price action relative to the POC from the previous bar. If the price is trading above the POC, it suggests potential buying pressure or an imbalance towards the buy side. If the price is trading below the POC, it suggests potential selling pressure or an imbalance towards the sell side.
3. Bar 3: The third bar is crucial in confirming or negating the potential order flow imbalance identified on the second bar. Traders look for the price action on the third bar to continue in the same direction as the second bar, relative to the POC from the first bar.
If the price action on the third bar continues in the same direction as the second bar, relative to the POC from the first bar, it is considered a valid POC Wave setup. This setup can be used as a potential entry signal for a trade in the direction of the identified order flow imbalance.
The POC Wave setup is particularly useful in identifying potential order flow imbalances and trading opportunities in the direction of the prevailing order flow. However, it's important to note that this setup should be used in conjunction with other technical and fundamental analysis tools, as well as proper risk management strategies.
This is just one of the new features available in Orderflows Trader 7.

Пікірлер: 38

@littleant4997 2 ай бұрын

I just tried this strategy on crypto at 5min chart (btc,eth,pepe) and the most of the time it’s worked , and I take the signals only from order block or near the OB and it’s wow 🤯

@jhonnyf. 4 ай бұрын

Thanks for these videos Mike and get well soon.

@michael-pwr3 4 ай бұрын

agreed

@lecampusdutrading 4 ай бұрын

hi mike , please do live trading sessions to validate your theories , because in videos you use just footprint , imbalances, to validate trades , it s soo confusing and it s not a valid strategy ...

@Wartrace 4 ай бұрын

All I need is the footprint chart. What you need to do is open ninja on your preferred chart and product. Apply each of the indicators on that chart one at a time and observe if that particular indicator is going to help your trading. Then proceed to paper trade it until you are confident. Some of them work better than others depending on the market and timeframe.

@joec1545 4 ай бұрын

So, no video for the rest of us that are interested in more information about the Balance Pivot indicator?? Not a good business decision Mike!!!

@hakimaki 4 ай бұрын

I’ve been emailing you for months regarding getting access to attend the weekly live sessions. Also waiting on access for OF7. You’ve ignored 10+ emails.

@RentChizuruMizuhara 4 ай бұрын

You should consider doing a Charge back on your payment method since you never received the product you paid for

@danielhoward4566 4 ай бұрын

@@user-ub3qr4bj8g Wow.

@MunnaBhai187 4 ай бұрын

Ah man..! That sux. I really had high hopes on this software. It sounds like he's trying to do all this on his own. He needs to hire employees. He's working so hard to post all the content but can't support the customers.

@simonwong6108 4 ай бұрын

Hello Mike.. can you do 1 video for Open POC please... Thank you

@cheyenne99 4 ай бұрын

This seems like an epic scalping tool. Is it also available on go charting?

@laurytrades 4 ай бұрын

Good video Mike. But we’re still waiting any response in email about the update from OTF6

@massimomadaschi8916 3 ай бұрын

Hello, have you received the OTF6 update? Because I still haven't received anything, thank you.

@ABBaby-ve9rp 3 ай бұрын

Mike- please improve your product support. Not sure if it exists.

@adammusic2821 4 ай бұрын

😍😍😍😍

@moneyavemac7505 4 ай бұрын

What footprint software is this? And is it worth getting?

@ampf274 4 ай бұрын

Hi. I have sent you two emails to get the download link and the purchase info but no reply from you so far. Can you send it to me?

@schuma61 4 ай бұрын

I am getting an error message: The process cannot access the file because it is being used by another process. Can anybody help me?

@Bigror 4 ай бұрын

Hi I paid for the order Flow course but there are no instructions on how to access it. I have emailed you today but have not received a reply???

@sl5217 4 ай бұрын

Wow, has he responded yet?

@RentChizuruMizuhara 4 ай бұрын

You won't ever get access to the course. I suggest you call your bank and do a charge back.

@livefuturestrading4621 4 ай бұрын

hey Mike, Is there a way to contact you? I have ordered the Orderflows 7 a few days ago. Still waiting on the license email.

@livefuturestrading4621 4 ай бұрын

send 3 emails already

@erdevrezer1 3 ай бұрын

@@livefuturestrading4621 Hi, did you get the software?

@MunnaBhai187 3 ай бұрын

Hey...are you still waiting for the license..?

@livefuturestrading4621 3 ай бұрын

@@MunnaBhai187 no, took some emails

@MunnaBhai187 3 ай бұрын

@@livefuturestrading4621 Sweet.! Glad to hear that. I guess I'll keep emailing him. Thanks.! Wish you all the best.!

@coretrestaurant4458 4 ай бұрын

Order flow will work in forex

@karanghadi8845 4 ай бұрын

I have purchased the course now it is not available/accessible and he is not responding to mails

@sl5217 4 ай бұрын

Hey I was thinking of purchasing the software, are you saying once purchased you can’t even access it?

@RentChizuruMizuhara 4 ай бұрын

@@sl5217 He's saying he can't access the bonus content

@mikeybb001 Ай бұрын

If only Mike would respond to emails. I asked a question over a week ago regarding the new tools ...no response. It's like he only sends out emails and any he receives ends up in junk. I can't believe he would just ignore them. It's $$$ at the end of the day. As much as his videos are great, be very careful purchasing his software, you will get no support when you need it.

@RentChizuruMizuhara 4 ай бұрын

If Mike doesn't reply to emails or comments on his YT channel, I wouldn't risk buying anything from him because you'll get zero support.

@RentChizuruMizuhara 4 ай бұрын

@@user-ub3qr4bj8g I'm not after Mike. I would actually like to purchase his software. However, based on comments from KZfaq and reddit, I am hesitant. For example, if you go to the login page for his course, the page no longer exists.

@jeanpost6989 3 ай бұрын

hello mike, I haven't received any of your emails since the end of January 2024, so I haven't received the latest update for orderflows trader 7. I sent you an email but got no reply. However, I have put you on the list of authorised emails.

@orderflows 3 ай бұрын

what is your email

@massimomadaschi8916 3 ай бұрын

Hello, have you received the OTF6 update? Because I still haven't received anything, thank you.