One of our co-founders, Frédéric Schneider, walks you through using Fire Charts order book and order flow data visualization as a tool that can help you validate setups, identify targets, mitigate risk and win more trades.
Learn how how to read the thermal map of the order book and the order flow also known as the cumulative volume delta (CVD).
Fire Charts are the newest edition to our suite of trading indicators and tools.
These charts combine a thermal map of the order book with a granular look at order flow, also known as CVD. These tools give a visual representation of resistance, support and liquidity making them excellent trading tools for validating trade setups and mitigating risk.
Thus, this tool will literally give you a window to the order book and order flow so you can see exactly when whales, sharks, and minnows are making their market moves.
Let’s face it, we don’t all have the money it takes to trade like a whale, but #FireCharts make it easy to swim with the pod.
You can get access to our Fire Charts here.
Please Remember
Material Indicators LLC is not a financial advisor and does not provide financial advice of any kind. Nothing on any Material Indicators’ websites, apps, indicators, or channels should be considered trading advice. By using Material Indicators’ tools, indicators and resources you agree to take responsibility for your own trades and acknowledge that Material indicators LLC does not guarantee performance and assumes no liability for your results. Trading is risky. Consult a licensed financial advisor, do your research and never risk more than you can afford to lose. Past performance does not guarantee future results.
