Trader Dale

NZD/CAD – Volume Profile & Order Flow Analysis

Today, I would like to have a closer look at NZD/CAD. What caught my eye here was a strong sell-off that occurred last week (13th May).

Such a strong sell-off is a sign of aggressive sellers jumping in and pushing the price downwards.

In this case, it is pretty easy to spot where those sellers were accumulating their selling positions before they started the aggressive sell-off.

Price Action

Price Action shows that there was a rotation before the sell-off started. Such a rotation is an ideal place for position accumulation.

The reason is that in a rotation those sellers could easily hide their intentions (of starting a sell-off) and slowly, unnoticed accumulated their short positions.

Volume Profile

If you look at the Weekly Volume Profile (on the left) then you can see massive volumes accumulated exactly in that rotation area.

In fact, the heaviest volumes throughout the whole week got accumulated there! (= Weekly Point Of Control).

After those volumes got accumulated → BOOM! A sell-off! It is this sell-off where the sellers were making money.

Now the price is slowly retracing back into this area (to test the Weekly POC at 0.8548).

I think that it will work as a strong resistance and that those sellers will want to defend their short positions.

It is likely, that they will start selling again and try and push the price downwards again.

Below is a 60 Minute chart of NZD/CAD with Weekly Volume Profiles:

Trader Dale - Free Book

Order Flow

We can also identify those sellers using Order Flow!

I zoomed into the rotation area which was formed before the sell-off started to show you how it looked like in there.

The thing which I think is the most important here is the High Volume Nodes. They are easy to identify (at last with my software) because they are printed in darker shades and put into a frame.

There are two especially strong ones, and the strongest one (1440) was formed just before the sell-off started.

Those were without any doubt strong sellers getting ready!

That’s a nice confirmation of the resistance we initially found using the Volume Profile! We can actually see the big guys getting ready here! Cool, right?

You know, I am really proud that we were able to make the Order Flow like this. I don’t think there is any other Order Flow software able to read Forex this way!

Below is NZD/CAD Order Flow. The footprints show 30 Minute candles and the volumes traded in them:

I hope you guys liked today’s analysis! Let me know what you think in the comments below!

Happy trading!

-Dale

PS. You can now get my new ORDER FLOW PACK (including Order Flow software, Order Flow Video Course, and Volume Profile Pack) here: ORDER FLOW PACK

Trader Dale

How to Use Order Flow on Forex

Today, I will do an intraday analysis of CHF/JPY. It will be a bit different this time because I will also use Order Flow.

Let’s first talk about what the Price Action and Volume Profile show.

There has been a strong downtrend since the beginning of this week. There haven’t been any major pullbacks and the price has been heading downwards steadily.

Volume Profile analysis

When there is a trend like this I like to use my Volume Profile to look in that trend area. What I look for are significant Volume Clusters (areas where heavy volumes were traded).

The reason CHF/JPY caught my eye today was because there are THREE Volume Clusters! Three very nicely visible and easy to identify heavy volume areas.

I believe that the volumes we see in those three areas were aggressive sellers, who were adding to their selling positions.

After each volume accumulation, those sellers pushed the price aggressively downwards – to make money on those positions they have entered in the Volume Cluster areas.

Those Volume Clusters now represent significant resistance zones. If there is no change in the market sentiment those zones should hold and reverse the price (when there is a pullback).

Logic behind Volume Clusters

The logic behind this is that the sellers who have entered their short positions in those Volume Clusters will want to defend their shorts. And if there is a pullback, then those guys are most likely to start selling and pushing the price downwards again. That’s why I think those three areas will work as resistances.

You can see all that in the screenshot below. It shows 30 Minute chart of CHF/JPY along with those three resistances:

Trader Dale - Free Book

Order Flow

The Order Flow software is usually used with Futures. However, my software has some special features which allows you to use it on Forex too! The functions are limited because Forex is decentralized but still it is pretty helpful!

I used the Order Flow to look into detail how the 109.51 resistance area looks like – how exactly the volumes were distributed there.

Heavy volume nodes (HVN)

The most important thing to notice is how the heavy volume nodes were distributed (HVN = those numbers in black rectangles showing where the heaviest volumes were traded in the given footprint).

What I want to see is heavy volume nodes created very close to each other – in one price level area. In the picture below, you can see that many of them were created around the 109.51 area.

This gives me another confirmation that the sellers were interested especially in this area. It also helps me identify the best place for a short trade.

In this case, it would be exactly 109.51 because this is where two heavy volume nodes were next to each other. To me this is the most important level which I was able to pin-point with Order Flow.

This is an effective way how you can use Order Flow on Forex to look into detail how support and resistance areas were formed.

If you see heavy volume nodes very close to one price level, then this makes the support/resistance stronger. It confirms it. It also makes your trade entry more precise (you want to enter your trade at the price level where heavy volume nodes were created).

I hope you guys liked today’s analysis! Let me know what you think in the comments below!

Stay safe and happy trading!

-Dale

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Trader Dale

CAD/JPY: Volume Profile Analysis

Price Action Analysis

Today, I will do an intraday analysis of CAD/JPY.

What caught my eye when I went through the charts in the morning, was that there was a rotation from which strong buying activity started.

This usually means that there were buyers entering their long positions in that rotation. After they have entered their longs, they started aggressive buying to push the price upwards – to make money on the longs which they placed in the rotation.

I am always interested when I see Price Action like this.

*I call this a Volume Accumulation setup and you can learn more about it here: Volume Profile Setups

Volume Profile Analysis

My next step was that I used my Flexible Volume Profile to look at how the volumes were distributed yesterday.

The heaviest volumes were in the rotation area, and the heaviest volume peak (where most of the trades got placed) was around 76.38.

This is where the buyers placed most of their longs. This is a support they will want to defend.

So, if the price makes a pullback to this area I think that those buyers will be defending their longs and they will start aggressive buying again to push the price upwards again.

Weekly POC

A nice addition to all that is that this support is also a Weekly POC (Point Of Control). This means that the heaviest volumes were traded at this price level this week!

You can see that on a 60 Minute chart with a Weekly Volume Profile below:

Trader Dale - Free Book

Volume Cluster at 76.56

As the price was moving upwards, more buyers were jumping in to make money on that up-move.

Most of them jumped in around 76.56. You can see that on the Flexible Volume Profile – there is a significant volume cluster around the 76.56 area.

When the price makes it back to this area again, it is pretty likely that those buyers will want to defend their longs which they placed in that Volume Cluster (76.56 area).

In order to do that they will need to start buying again – aggressive buying! This should drive the price upwards again and this is what makes this level a strong support.

Resistance → Support

There is also one nice confluence to the Volume Cluster. If you look at the picture above, you can see that the 76.56 level also worked as a resistance in the past. The price got rejected there aggressively.

The price went through this resistance yesterday, and it turned into a support. This is an old but pretty effective Price Action setup which I really like to see in a combination with the Volume Cluster – like in this case.

You can learn more about this setup here:

Resistance → Support (Price Action Setup)

I hope you guys liked today’s analysis! Let me know what you think in the comments below.

Stay safe and happy trading!

-Dale

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Trader Dale

AUD/NZD: VWAP and Volume Profile Analysis

Yesterday, I wrote an article about VWAP trading setups. I showed you how to use VWAP when there is a rotation and also how to use it in a trend.

If you missed it then you can read the article here:

VWAP Trading Setups

Today, I will do an intraday analysis of the AUD/NZD and I will use VWAP and Volume Profile just the way I showed you in the article yesterday.

Identify the Trend

The first thing to do is to identify whether there is a rotation or a trend. In this case it is pretty simple. The 1st VWAP deviation (Weekly VWAP) is moving upwards. This means that the price and volumes are shifting upwards and that there is an uptrend.

In this case you could also tell by just looking at the price action without using the VWAP. Sometimes it is not so clear as here though…

VWAP Trend Setup

When there is a trend you want to see the price moving above the 1st Deviation and make pullbacks to it. Then you want to trade longs from those pullbacks.

If you look at the picture below, you can see that the 1st Deviation is trending nicely and that the price is moving above it. When the price hits the 1st Deviation, then chances are there will be a buying reaction!

Another thing to notice here is that the 1st Deviation from the previous week ended very close to the area of the current 1st Deviation. This adds strength to the support.

You can also notice a significant volume area around this support on the Weekly Volume Profile. I will talk bit more about it later.

Below is a 60 Minute chart of AUD/NZD, with Weekly VWAP and Weekly Volume Profile:

Trader Dale - Free Book

Volume Profile analysis

Let’s now have a look some more into the volume distribution in this trend area.

I used my Flexible Volume Profile to the whole trend area to identify places where significant volumes were traded.

There are two significant volume areas visible. The first one (around 1.0580) corresponds with the support from the VWAP Trend setup (the picture above).

As the price was moving upwards, buyers were adding to their long positions in those heavy volume areas.

It is likely that when there is a pullback into those heavy volume areas, buyers will want to defend their longs and they will try to push the price upwards from those areas again.

Below is 30 Minute chart of AUD/NZD with Flexible Volume Profile:

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What I like about all this the most is the confluence. 1st VWAP Deviation points us to a trading level and Volumes point us to the same place too!

This is how I like to use VWAP and the Deviations – as a combo with the Volume Profile. That’s where the VWAP strategies shine the most!

I hope you guys liked today’s analysis! Let me know what you think in the comments below!

Stay safe and happy trading!

-Dale

Trader Dale

EUR/CAD: How To Combine Volume Profile and VWAP

In my yesterday’s Weekly Trading Ideas video I was talking about a strong resistance on EUR/CAD. The price has already reacted to this resistance and those who took this trade had a nice profit.

What I want to show you now is how you could have used VWAP ho get the best out of this trade.

The first thing to notice is the 1st deviation of Weekly VWAP. That’s the grey line. In this case it represents a good resistance (this is based on a trading setup I talked about in this VWAP webinar: VWAP Trading Strategies).

Combined with heavy volumes I talked about yesterday (marked in red) it made a nice confluence of two strong resistances (volumes + VWAP deviation).

Another thing I talked about in my VWAP webinar was that a good place for a Take Profit was very often the VWAP line (yellow line).

Check it out in the picture below:

Trader Dale - Free Book

New Support on EUR/CAD

Now, I would like to continue with the EUR/CAD analysis and talk about a newly formed intraday support.

If you look at what the Volume Profile showed yesterday, then you can see that there was a “double distribution” shape (looks like a capital letter B).

This means that heavy volumes were accumulated at the low of the day, and then the price went upwards. Then there were heavy volumes accumulated at the end of the day (high of the day).

This tells me that strong buyers were building up their buying positions, then they moved the price upwards and then there was a new balance (new fair value area).

What happens when the price makes it back to the heavy volume area at the bottom of all this? Those buyers who entered their positions there will most likely start defending those positions. They will start entering aggressive market buy orders. With those they will try to move the price upwards again.

That’s why I think the 1.5181 area will work as a support.

Below is a 30 minute chart of EUR/CAD:

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VWAP confirmation

A nice confirmation to this 1.5181 support is the 1st Deviation (of the Weekly VWAP). That’s the grey line. If it stays somewhere in the 1.5181…

If it stays there then it will meet with the heavy volumes and it will create a nice confluence to the volume-based support I showed you!

That’s how I like to combine Volume Profile and VWAP!

Below is EUR/CAD, 60 Minute chart, Weekly Volume Profile and Weekly VWAP indicator:

I hope you guys liked today’s analysis! Let me know what you think in the comments below!

Happy trading!

-Dale

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Trader Dale

EUR/GBP: Intraday Analysis With Volume Profile and VWAP

Today, I will focus on the intraday analysis of the EUR/GBP. What caught my eye here was a rotation from which a strong sell-off started yesterday.

Why it caught my eye? Because in a rotation, heavy volumes are usually traded (accumulated). Big trading institutions need a rotation to accumulate their big trading positions. They need time and liquidity. The rotation takes some time so that suits them. When a price rotates then it also means that the market found its fair price (fair value) – at least temporarily. And this means traders are willing to buy and sell there = there is liquidity.

When there is a sell-off after such a rotation, then it indicates that the big guys (institutions) were building up their positions in that rotation. They were doing so unnoticed and without their intentions being revealed. After that, they started manipulating the price aggressively (with market orders)  to start a trend.

Volume Profile analysis

When I see a rotation from which a trend starts, then I look into that rotation using my Flexible Volume Profile. I look for a place where the volumes were the heaviest because this is the place where the big guys placed most of their positions. This is an important place, because when the price makes a pullback into this area again, then it is likely that those big guys will start defending their positions.

How will they defend them? They will start to sell aggressively again to push the price downwards. And that’s what I want to see. That’s what I want to participate in!

So, what I do is that I wait for the pullback and then enter a short from the place where they accumulated most of their positions. In this case, it is 0.8933. This is currently the strong intraday resistance on EUR/GBP.

You can see it in the picture below.

EUR/GBP; 30 Minute chart:

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VWAP analysis

There is one more thing I like about this 0.8933 resistance. The thing is a VWAP Trend Setup. With this setup you want to see the 1st VWAP deviations go sideways and you use them as support and resistance zones.

As you can see from the picture below, the 1st Deviation (the upper grey line) is moving sideways and it is currently exactly at the 0.8933 resistance. If it stays somewhere around this area then it will be a very nice confirmation of the volume-based level.

In the picture below I am using the Weekly VWAP. I find its signals stronger then the Daily VWAP. I like trading with the Weekly VWAP more then with the Daily.

BTW you can learn more about my VWAP setups in this webinar recording:

VWAP webinar – RECORDING

EUR/GBP; 60 Minute chart, Weekly VWAP:

EUR/JPY Prediction→Result

Did you watch my recent Weekly Trading ideas video? I made a prediction on EUR/JPY there. This prediction was based on the same setup as I showed you today (I call it the Volume Accumulation Setup). I was talking about a strong support at 118.26.

Upper picture is the prediction and the lower is a screenshot of the result. Nice and precise 60 pip reaction!

You can watch the whole video here:

Weekly Trading ideas – 30.3.2020

I hope you guys liked today’s intraday analysis. Let me know what you think in the comments below!

Stay safe and happy trading!

-Dale

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Trader Dale

EUR/CAD: Volume Profile + VWAP Daily Analysis

Today, I am going to do an intraday analysis of EUR/CAD. I will use Volume Profile, VWAP and Price Action to do that.

What I want to show you is how you can use all those together to find strong confluences. What do I mean by a confluence? A confluence means a place where more signals from different trading indicators meet and point to a strong trading level.

Volume Accumulation Setup

The first thing I am going to talk about is a 30 Minute chart (EUR/CAD). What immediately caught my eye was a rotation from which a strong buying activity started. This is what I call the Volume Accumulation setup.

*I talk more about it here:

Volume Profile webinar

What I did was that I used my Volume Profile tool to see how the volumes were distributed there. As you can see in the picture below, there were heavy volumes created in the rotation. From this rotation a buying activity (an uptrend) started.

This tells me that buyers were entering their longs slowly and unnoticed in that rotation. When they were done with the volume accumulation, they started pushing the price aggressively upwards.

What is the most important place for those buyers? It is the place where they placed most of their positions. This is where the Volume Profile is the thickest – at 1.5462. This is a strong level they will most likely defend in the future (support).

Daily VWAP

Below, you can see the same 30 minute EUR/CAD chart. This time I will focus on the VWAP. In this chart I am using a Daily VWAP. This means that every new day this indicator gets calculated anew.

If you look closely, then you will see that the grey line from yesterday (1st deviation of VWAP) ended it’s calculation at 1.5462. This is exactly the same level as the Volume Profile pointed us to!

This makes it a nice confluence of two signals. Volume Profile + 1st VWAP deviation.

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The big picture

There is more! Let’s now have a look at the 60 Minute chart of the same instrument. I use this chart to give me a bigger picture (overview) of the market. In this chart I use Weekly Volume Profile and Weekly VWAP. This means that every week a new Volume Profile will automatically get printed. Also a new VWAP will start it’s calculation every new week.

Since it is only Tuesday morning, I merged two Weekly Volume Profiles together (to get more data). The one from the previous week and the one from this week (this one was showing only volumes from yesterday and today).

What those two merged profiles showed me is a significant volume area at our level (1.5462). It is especially important to me because this  volume area is nicely visible from the weekly point of view (the bigger picture). It is in fact, the second strongest volume area in this whole period.

As a nice addition to this there is also the 1st deviation of the Weekly VWAP almost exactly at the level. Now, this deviation is till moving so we don’t know where it will be when the price makes it back to the 1.5462 support. But if the 1st deviation is close, then it will be another nice confluence to this level!

Price Action

A small bonus to all that is that there were also two very nice reactions to this level in the past. I highlighted those reactions in orange. Such reactions mean that this level worked as a support in the past – therefore, it was an important level. This adds one more little confluence to the whole picture.

EUR/CAD; 60 Minute chart:

Intraday trading workspace

Do you think it is too hard to track all this? It takes some experience but it is not that hard. Especially if you know what to look for. What helps is to have a nice (and clean) intraday workspace that shows you everything you need.

What you see below is my intraday trading workspace. It consists of three charts and it shows all the things I was talking about in this article. Everything on just one screen.

I am not saying it takes just a quick look and I immediately see strong trading levels. It takes some thinking to find them, but having a workspace like this makes things way easier!

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Don’t risk too much!

One important thing to wrap this up. Don’t risk too much on one single trade. No matter how many confluences, no matter how strong the level appears. No trading strategy has 100% win rate and there is always a risk of taking a losing trade. Losing trades are part of this business.

You should be extra careful especially now when there is news coming up very often and the overall market volatility has risen dramatically.

I hope you guys liked today’s analysis. Let me know what you think in the comments below!

Stay safe and happy trading!

-Dale

Trader Dale

Q/A: Volume Profile Pack For NinjaTrader 8

Features

Licensing

How can I get the Volume Profile Pack?

Can I get a FREE trial before I buy?

  • Yes, there is a free 5-day trial. Simply install the Volume Profile Pack and it will work for free for 5 days (with all functions available).

In the volume and license profile guide, you mention that you require the Machine ID. Does that mean it would only work on that machine?

  • Yes, each machine ID is unique, and the profile only works on the computer (s) that I authorize. If you have more than one computer, I can also authorize them (for free).

What do I do if I want to operate using more than one machine?

  • Send me the machine ID of the other computer that you want to authorize and I also authorize it (for free).

What happens if I change my computer?

  • When you change your computer or update it, you have to send me the new machine ID so that I can authorize your computer again (free of charge).

How to Start

I bought the volume profile package, what do I do next?

  • First you have to install the NinjaTrader 8 software . You can get it for free here: https://ninjatrader.com/
  • Then you have to install the Volume Profile Pack . The installation file can be downloaded here: TD’s Volume Profile Installer
  • Once the installation is complete you have to send me the machine ID by email that I will then use to authorize your computer to use the TD volume profile pack.  To find the Machine ID, go to the control panel of NinjaTrader and press Help → About … (Help → About …)

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  • Then I will authorize your computer to use the TD volume profile pack. This will take a few minutes or a few hours, but typically no more than one business day. I will let you know by email when your computer is ready to use the TD Volume Profile Pack.

Data

  • Do I need CME futures data for NinjaTrader to accurately pick my levels? My concern here is what additional costs will I need to consider?

    • You don’t need futures data! Even though forex is not a centralized exchange, forex data from a big broker (for example FXCM) is surprisingly accurate, and you can rely on them in your analysis. This is why there is no additional cost. You can get FXCM free data feed here: FXCM free data feed. You can also try futures data and compare. There is a free demo (email bound, time-limited) here: CQG futures – free demo.

    How can you rely on FX volume seeing there is no central exchange. Won’t different brokers show different volumes?

    • You are right; different forex brokers show different volumes because the forex market isn’t centralized. Best thing to do is to use big forex broker (for example FXCM). Big brokers usually have quite reliable and accurate volume data. I use FXCM forex data, and I must say that when I compare this data to futures data (CME), it is very close.

    I noticed that the FXCM data is a trial limited to 30 days so I am not sure what happens after this period. 

    • You can get an unlimited demo here: (demo) of data without FXCM limitations .
    • For some users it doesn’t work and the data trial is limited. Here is a guide how to renew the datafeed for free (the video refers to NinjaTrader 7, but the process is very similar to NinjaTrader 8)

I downloaded the NinjaTrader8 platform and it opened without my entering the username and password. I clicked on File and then on Connect, but it did not show FXCM as one of the options. So how do I connect with the FXCM data source?

  • Go to this page:  (demo) without limitations of FXCM data and register there to obtain the data (free and without time limitations). After that you will receive your credentials. Then go to the platform of NinjaTrader 8 and click on Connections-configure and there you can add FXCM data and complete the username and password included in the email you received. After that you will be able to connect with the data.

My FXCM data expired after the 30-day trial period. What I can do?

  • Some users have this problem. I suggest that you request a new FXCM data using this link:  (demo) data without limitations of FXCM
  • You probably need to use a different email address
  • After you have received your new username and password, go to your NinjaTrader 8 platform and click on:  Connections – configure and there you can change your FXCM data configuration. Complete the username + password included in the email you received. After that you will be able to connect to the data again.

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Other Platforms / Brokers

Does this indicator work on a standard MT4 platform?

  • The Volume Profile Pack works only with NinjaTrader 8. The standard MT4 platform does not have tick volume data (which are the most accurate).

Can I still use my broker and my MT4 platform?

  • Yes you can! You only have to do your analysis in NinjaTrader 8. Then you can execute your trades on your MT4 platform or with any other broker or trading platform that you like.

Do I need to use an additional broker that NinjaTrader recognizes to be able to continue?

  • You do not need an additional broker. Just do your analysis with NinjaTrader 8 (free), and then execute your trades with your current broker, as you usually do.

If you have any questions, please send an email to contact@trader-dale.com and I’ll be happy to help. I will also answer the new questions we receive in this Q/A section.

All the best in your trading!

-Dale

Trader Dale

Q/A: TD’s Flexible Volume Profile

I received a lot of very good questions regarding my new Flexible Volume Profile. I took the most common questions and created a question and answer post, with the most common questions answered in detail below. You will also find many answers to your questions in the video 8-minute video listed below.

LICENSING

How do I get the profile?

In your volume profile and licensing guide, you state that you require the Machine ID. Does this mean it will only work on this machine?

  • Yes, every Machine ID is unique, and the profile will only work on the computer (s) I authorize for you. If you have more then one computer, I will authorize them as well (for free).

What to do if I want to operate on more than one machine?

  • You send me Machine ID of another computer you want to authorize. I will authorize this one as well (for free).

What happens when we replace our computer?

  • When you replace or upgrade your computer, you need to send me the new machine ID so I can authorize your computer again (for free).

If I am no longer a member of your Pro Forex Course, will the profile still work?

  • Yes. The license for the profile is a lifetime license. When you buy the profile, it is yours forever, no matter if you are a still member or not.

GETTING STARTED

I bought the Flexible Volume Profile. What do I do next?

  • Follow steps in those two videos:

DATA

Do I need CME futures data for NinjaTrader to accurately pick my levels? My concern here is what additional costs will I need to consider?

  • You don’t need futures data! Even though forex is not a centralized exchange, forex data from a big broker (for example FXCM) is surprisingly accurate, and you can rely on them in your analysis. This is why there is no additional cost. You can get FXCM free data feed here: FXCM free data feed. You can also try futures data and compare. There is a free demo (email bound, time-limited) here: CQG futures – free demo.

How can you rely on FX volume seeing there is no central exchange. Won’t different brokers show different volumes?

  • You are right; different forex brokers show different volumes because the forex market isn’t centralized. Best thing to do is to use big forex broker (for example FXCM). Big brokers usually have quite reliable and accurate volume data. I use FXCM forex data, and I must say that when I compare this data to futures data (CME), it is very close.

I noticed that the FXCM data is a trial limited to 30 days so I am not sure what happens after this period. 

  • You can get an unlimited demo here: Unlimited FXCM data (demo).
  • For some users it doesn’t work and the data trial is limited. Here is a guide how to renew the datafeed for free:

I downloaded NinjaTrader 7 platform, and it opened up without me entering the username and password. I clicked on File and then Connect, but I did not have FXCM as one of the options. So how do I connect to the FXCM data-feed?

  • Go to this page: Unlimited FXCM data (demo) and register there to get the data (free and not time-limited). After that, you will receive your credentials. Then you go to your NinjaTrader platform and click: Tools – Account Connections and there you can add FXCM data. After that you should be able to connect through it.

OTHER PLATFORMS/BROKERS

Will this indicator work on a standard  MT4 platform?

  • TD’s Flexible Volume Profile works only with NinjaTrader 7. The standard MT4 platform doesn’t have tick volume data (the most precise data).

Can I keep my current broker & MT4 platform?

  • Yes, you can! You only need to do your analysis on NinjaTrader 7. Then you can execute your trades on your  MT4 platform or with any other broker and trading platform you like.

Do I need an additional broker that NinjaTrader recognizes to continue?

  • You don’t need any additional broker. You simply do your analysis with NinjaTrader 7 (for free), and then you execute your trades with your current broker. Just like you are used to.

If you guys have any questions, please shoot me an email to contact@trader-dale.com and I will be glad to help you. I will also answer the new questions I receive in this Q/A section.

If you would like to get my custom made Flexible Volume Profile and to learn to trade with it on a daily basis, the best way to do it is to join me in my private trading course where you will learn & trade with me every day.

Do you have plans to support NinjaTrader 8? Does it work on NinjaTrader 8?

  • Current version works only with NinjaTrader 7, but we are currently developing a brand new Flexible Profile for NinjaTrader 8. Owners of NinjaTrader 7 version will receive the new NinjaTrader 8 version as a free gift.

 

Happy trading!

-Dale