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Best of the Best Order Flow Analysis add-on for Ninjatrader 8 x64(and for Motivewave)
Hi uniquestyle08. It's just the whole package. Volumetrica (VolSys) is just overall a bit better done and thought out.
Volumetrica has a swing analyzer (costs extra unfortunately),
a correlation viewer,
a histogram for the pulling and stacking column,
power meters for filtered times and sales.
It has actual CME order size reconstruction based on aggressor ID, not just approximate based on timing like ATAS.
It also has fully reconstructed backfill (you can backfill at tick resolution as many years as you want).
It has fully functional market replay with sim account.
It can limit your order size and you can set a max loss.
You can connect to several brokers / data feeds and do cross market / broker trading on your chart.
It has a combo delta + volume profile hand tool and a combo delta + volume profile footprint type.
The footprints generally can be configured much more.
It automatically bins profiles and footprints when you squeeze the chart vertically, like it goes from 2 tick binning to 4 tick binning to 8 tick binning.
It has a volume and a delta divergence detector,
It has delta colored volumetric candles, which are candles that change their shading depending how much delta is in the candle and get thicker when you have more volume.
It has a bar delta indicator that shows you a split into different order sizes.
It has a bar volume indicator that can be filtered by order size, smoothes time and shows you peak volume per second (looks like candles) and also shows delta at the same time.
It has an exhaustion detector and a price rejector indicator
It is very resource friendly, very economical on the CPU load. You can work with >> 100 days of tick resolution data on individual charts, using all your delta / volume indicators.
And overall it just has a very clean and minimalistic look.
There are other things. But those are the things I care about and the things that ATAS doesn't have.
Below are some screenshots showing some of the features.
I use Sierra Chart and don't know much about about Ninjatrader but the best results I've seen are from using a simple 5 min order flow chart like this with POC with buy / sell imbalance ratios.