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Date/Time: Mon, 29 Apr 2024 18:13:30 +0000



Orderflowanalytics-style reversal bars.

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[2016-03-23 13:36:23]
User503938 - Posts: 3
Hi Zdislav,

Thank you for answer.

This means that this version looks for only one cluster cross?

I am interested in the market to absorb larger (around 80) amount of bid/as and thus indicates a possible reversal of the trend - ie. exhaustion.

My idea is:

6 | 82
17 | 95
10 | 30

and this would indicate, for example, absorption ask.

Thank you very much for your time.
[2016-03-23 15:24:58]
Zdislav - Posts: 73
Well,I got the idea. This is beyond OFA. At firs t I misstook it with my other study. Sorry,scratch my previous post. My version in this post draws a cluster for each bar without taking into consideration minimum required volume on either side. Designation of bullish or bearish clusters comes from the dominant side in a given cluster (greater than 1.681x other side total vol). You can set the multiplier.

Z.
[2016-03-23 15:31:51]
User503938 - Posts: 3
Perfect, and it is possible to somehow incorporate the minimum value please?
[2016-03-23 17:40:54]
pismo10 - Posts: 158
Works well. Dead on. Seems the bull and bear momentum arrows call turns well as blow-offs. 2,3,4 bull arrows and often turns south soon after..
[2016-03-23 18:36:19]
Ackin - Posts: 1865
Hi Zdislav,

I would like to ask you some questions about the code. :)


skype: zyp-sierra


thanks Ackin
Date Time Of Last Edit: 2019-09-06 17:01:47
[2016-04-30 21:46:47]
Neo - Posts: 198
Thanks for this, it works very well.

The only thing I've noticed is that the study does not support Max Ask Vol-Bid Vol & Min Ask Vol-Bid Vol, which is a useful calculation.
[2016-05-29 14:24:41]
User223429 - Posts: 13
Can anyone post the working dll for OFA bar type please?, I am using the last cpp file from norvik in post#24 and followed the instruction from Sierra to compile. but couldn't compile. Can anyone help pls?
[2016-05-29 16:21:57]
User223429 - Posts: 13
Can anyone help check why I got error compiling this file please? I don't have programming background
attachmentOFARealChart2.cpp - Attached On 2016-05-29 16:21:46 UTC - Size: 7.94 KB - 633 views
[2016-09-12 15:02:00]
User964132 - Posts: 93
Hi Zdislav,
First a big THANKS for all your work, loving it!
Something I would love to be able to see on my Sierra charts is the OFA Exhaustion box indicator, or the OFA WOL dots, is this possible in Sierra charts?
Thanks, Nicolaas
[2016-09-13 04:56:01]
Zdislav - Posts: 73
Hi Nicolas.
I stopped developing this. Exhaustion was in my previous pack, but it was useless because I didn't have the proper mapping of orderflow sequences for exhaustion. The one I put together gave signal on almost every bar so I abandoned it. What is WOL dots? Right now I don't plan any updates to these studies. Sorry...

Z.
[2016-09-13 09:45:20]
User964132 - Posts: 93
Hi Zdislav,
Yes the Exhaustion indication might be almost on every bar, but in context they can be very useful. The Withdraw of Liquidity (WOL)indication by the sellers or buyers is useful to see who is wanting a higher or lower price, or is giving up. Keep smiling, N
[2016-09-17 14:18:00]
User594094 - Posts: 1
Hello Zdislav.Thank you for your work.As long as the ofa bars themselves function is all I care about:)They appear perfect and could not trade without them or be profitable! Thank you.

When adding the volume weighted average price indicator though i cant use the feature based on underlying data? any thoughts? I have a work around that gets it close. so its cool..

thanks.
[2016-09-18 15:28:14]
Zdislav - Posts: 73
Hi. The credit goes to marcovth and norvik who put the code together. Crazybears and ejtrader provided their inputs and code updates. I only updated the logic so it paints the bars right. My study for the VWAP is no longer needed because in the meantime SC has implemented this feature natively in the user drawn volume profile.

Z.
[2016-12-21 10:09:07]
User47395 - Posts: 1
"Dll load error. Likely missing dependency file". What am I doing wrong here?
Date Time Of Last Edit: 2016-12-21 10:09:49
[2017-02-02 22:42:48]
DiceDemon - Posts: 3
Thanks Zdislav for all your hard work on this

The files from post #68 work great, OFA bars, volume clusters, bull/bear exhaustion.
Unfortunately, the bull/bear momentum studies now cause Sierra to crash.
I wish I knew how to program and fix this, otherwise great job!
[2017-02-02 22:46:40]
Sierra Chart Engineering - Posts: 104368
"Likely missing dependency file" is the result of the developer of the custom study DLL not statically linking to the Visual C++ standard libraries.

They need to contact us here for a solution.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2017-02-03 11:25:57]
Zdislav - Posts: 73
OK. One last shot... but you will have to send me your SC account username so I can make it available to you. (lhotakp(at)gmail-dot-com)

Z.
Attachment Deleted.
attachmentZdislav_OFA.zip - Attached On 2017-02-03 11:25:23 UTC - Size: 51.36 KB - 778 views
[2017-02-03 11:45:36]
pismo10 - Posts: 158
Great stuff but how to use it and does it help? I have not seen so yet.
[2017-02-03 11:52:14]
Zdislav - Posts: 73
Have you seen OFA's daily trade videos? You use that like they do... but it is not easy. You need to have pretty good understanding of how your market moves. These studies are just a visual interpretation to make it a bit easier to evaluate entry and exit points.
Date Time Of Last Edit: 2017-02-03 11:57:42
image2017-02-03_125327.png / V - Attached On 2017-02-03 11:57:37 UTC - Size: 35.68 KB - 2521 views
[2017-08-20 22:13:41]
User163689 - Posts: 29
hi, wondering how do install and get this on my charts?

thanks
[2017-08-21 06:37:43]
Zdislav - Posts: 73
@User163689: See posts #118 and #76.

Z.
[2017-08-22 10:15:17]
Samir - Posts: 4
Hi, does anyone managed how to get historical pullback data\COT work properly on OFA bars/any custom chart bars, there is old topic about it ACSIL - Historical Pullback data for Custom Bars but unfortunately solution was not posted there.
Date Time Of Last Edit: 2017-08-22 10:17:24
[2017-10-30 19:50:23]
Sierra Chart Engineering - Posts: 104368
Letting you all know, that in the latest version of Sierra Chart, there is a new parameter for Reversal Bars to specify the minimum length before a reversal can occur.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

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