Orderflows.com Presents The New & Improved
Delta Scalper
Delta Scalper
Delta Scalper takes the hard work of analysis of order flow out of the order flow chart for you. Now you can add order flow trading to your current style of trading without having to read volume footprint charts like tea leaves. Works on normal bar charts!
We have improved the Delta Scalper algorithm and the results have been mind blowing. The charts tell the whole story. When I saw the results of the changes I was like, "Wow!."
In the previous upgrade we added price action to the Delta Scalper as up to that point the Delta Scalper was 90% based on Delta. Adding the price action improved the results. Once we added Momentum to the Delta Scalper, it was transformed into a thing of beauty.
The Delta Scalper Is One-Of-A-Kind
Why is order flow delta so powerful? It is the only tool that measures the aggressive buyers and sellers in the market. When aggressive traders are present that is like putting a spark to gasoline. Explosive moves can occur.
Delta is real-time market generated information that is used by a small amount of traders - order flow traders. When trading you have to make the best possible decision with the information at hand which is often incomplete. Forget about moving averages, MACD, RSI or just about any other indicator because they lag the market. Delta is the most accurate reading of the strength of buyers and sellers as they are trading.
Your goal as a trader is to take trades that have an attractive risk-reward ratio but more importantly has tight stops. There is no point taking trades with a wide stop because all that does is just eat your money. If a trade is not working out, you want to know fast and you want to know where to get out.
Delta is real-time market generated information that is used by a small amount of traders - order flow traders. When trading you have to make the best possible decision with the information at hand which is often incomplete. Forget about moving averages, MACD, RSI or just about any other indicator because they lag the market. Delta is the most accurate reading of the strength of buyers and sellers as they are trading.
Your goal as a trader is to take trades that have an attractive risk-reward ratio but more importantly has tight stops. There is no point taking trades with a wide stop because all that does is just eat your money. If a trade is not working out, you want to know fast and you want to know where to get out.
See changes in supply and demand. This is where trends often start. Knowing this lets you know the direction of the market.
See changes in supply and demand. This is where trends often start.
See where the institutional traders have shown their hand and are trading big size at the market when it is happening.
See where the institutional traders have shown their hand and are trading big size at the market when it is happening.
Have tight stop placements. You will know pretty quick if a trade is not working out allowing you to exit quickly.
Take the stress out of your trading. When traders are stressed out about their trades that often leads to losing trades. Delta Scalper makes finding trades less stressful.
Delta Scalper Solves The Biggest Mistake Most Traders Make
Those of you who know me, know I am an authority on order flow trading. I have written books and given seminars on order flow all over the world. I have been trading order flow for years. I have even created my own software for trading order flow. I have spent nearly 20 years trading on the institutional side of the market. I traded for JP Morgan (8 years). I traded for Cargill (4years). I traded for Commerzbank (3 years). I traded for EDF Man (2 years). Let me share with you one thing about all the successful traders I know and dealt with on a daily basis. The one common trading methodology all the big traders I know follow is...
Buy when the market is showing strength and sell when the market is weak.
Sounds simple right? But yet many losing traders fail to realize it and more importantly do it. That is easily one of the biggest mistakes that losing traders make. They don't take into account market strength and weakness.
This is why I have created Delta Scalper.
Here is a 90+ minute presentation I did on the Delta Scalper...
Buy when the market is showing strength and sell when the market is weak.
Sounds simple right? But yet many losing traders fail to realize it and more importantly do it. That is easily one of the biggest mistakes that losing traders make. They don't take into account market strength and weakness.
This is why I have created Delta Scalper.
Here is a 90+ minute presentation I did on the Delta Scalper...
- Works with just about any type of bar, candle, renko or order flow footprint chart....
- Allows you to place tight stops.
- Identifies quality low risk trade locations.
- Market generated Buy and Sell signals in real time.
- Instantly identifies situations in the market when supply and demand are POTENTIALLY shift.
- Multiple entry opportunities depending on your trading style.
Stop Overtrading
A problem many traders have is overtrading. Many opportunities for profit occur everyday in the market. Only the choicest, best opportunities should be taken. How many times do you take trades that you wished you didn't take? Delta Scalper shows you where and when to take trades.
A problem many traders have is overtrading. Many opportunities for profit occur everyday in the market. Only the choicest, best opportunities should be taken. How many times do you take trades that you wished you didn't take? Delta Scalper shows you where and when to take trades.
Stop Searching For The Perfect Indicator
Stop searching for the perfect indicator. It doesn't exist. What makes Delta Scalper different is that it reads the market and tells you when there is a potential change in supply and demand. It is not a trading system by itself but it can be worked into your existing method of trading.
Stop searching for the perfect indicator. It doesn't exist. What makes Delta Scalper different is that it reads the market and tells you when there is a potential change in supply and demand. It is not a trading system by itself but it can be worked into your existing method of trading.
Are You Confused With Order Flow?
Delta Scalper was created to allow traders who want to add order flow to their trading arsenal. I will be honest, many traders simply do not understand order flow and how to use it. They are missing out on many of the key pieces of information the market is telling them.Easy To Understand Entries And Exits
Delta Scalper gives you easy to see entry levels and more importantly, easy to see stop levels. There is no need to have wide stops. With Delta Scalper you will know pretty quick when a trade is not working in your favour.
Bring Your Trading Account Back To Life
I don't understand how people can keep throwing money at their trading account to bring it back to life. Isn't it better to bring your trading account back to life with better trades, winning trades.What Is Delta? Why Is Delta Important?
LeWhat is delta? It is the difference between the volume traded on the bid and the volume traded on the offer.
Why is delta important? It measures the strength of the aggressive traders in the market. The traders who are buying the offer or selling into the bid.
As a trader what do you want to do? Do you want to buy when the sellers are showing their strength? NO. You will get run over by the sheer strength of their selling.
You want to sell when the selling is overwhelming the buyers.
The same is true when buyers are showing signs of strength you don’t want to be selling into a rising market on the back of solid aggressive buying, you want to be buying into it. You want to be buying when the buyers are scooping up all the available supply.
Let me say it again: you want to trade on the strong side of the market.
Why is delta important? It measures the strength of the aggressive traders in the market. The traders who are buying the offer or selling into the bid.
As a trader what do you want to do? Do you want to buy when the sellers are showing their strength? NO. You will get run over by the sheer strength of their selling.
You want to sell when the selling is overwhelming the buyers.
The same is true when buyers are showing signs of strength you don’t want to be selling into a rising market on the back of solid aggressive buying, you want to be buying into it. You want to be buying when the buyers are scooping up all the available supply.
Let me say it again: you want to trade on the strong side of the market.
Don't Want To Look At Order Flow Charts?
No Problem - Use Your Existing Charts!
No Problem - Use Your Existing Charts!
I know not everyone is convinced of the benefits of following the market on an Orderflows.com footprint chart that is fine. I have designed the Delta Scalper to run on a normal bar chart.
Finally you have a way to read one of the most important aspects of order flow without having to read an order flow footprint chart. This is the first tool of its kind.
Harness the power of order flow without needing to monitor every tick that goes through!
Finally you have a way to read one of the most important aspects of order flow without having to read an order flow footprint chart. This is the first tool of its kind.
Harness the power of order flow without needing to monitor every tick that goes through!
A problem with a lot of indicators is you often have to curve fit it for your market. In other words, you have to find the best settings that worked in the past and hope they work in the futures. That is a recipe for disaster.
For any form of market analysis to be legitimate it should be able to be applied to other markets with more or less the same settings. Here are SIX different markets with THE EXACT SAME settings of Delta Scalper from the same day.
Here are the settings used:
For any form of market analysis to be legitimate it should be able to be applied to other markets with more or less the same settings. Here are SIX different markets with THE EXACT SAME settings of Delta Scalper from the same day.
Here are the settings used:
I could show you chart after chart and it will look mostly the same, but it really you should see it for yourself to believe it. (I threw in the last chart just to show you that there are times when the market is going to do what it is going to do.)
Delta Scalper is based on my own experience while trading at JP Morgan. When I was accumulating a position and I would see a MAJOR shift from normal buying and selling (market facilitating trade) to one side being incredibly strong. That is when I knew I also had to be more aggressive and finish up my accumulation because more often than not the market would continue in that direction.
There are several ways you can trade this. I am more of a short term trader nowadays and look to capture the immediate move. However, some users have told me they are using it to capture major intra-day moves.
Delta Scalper is NOT for long term traders. Delta Scalper is for traders who want to jump in and jump out of the market while capturing the most of the move as possible, that is why it is has the word "scalper" in it. Delta Scalper is for day traders.Some users have built their trading plans around the Delta Scalper.
As with any method of trading you must use prudent stop and risk management. I will tell you right now, this is not a 100% winning Holy Grail trading system. There is no such thing as a Holy Grail in trading. What the Delta Scalper does is find low risk trades, that have high profit potential. Some trades will get stopped out. That is the reality of any trading method. Losses happen. The difference between losing traders is winning traders is that winning traders take small losses while letting the winning trades make their run.
Delta Scalper is a tool for the trader's toolbox. An extra arrow in your trading quiver.
So what are you waiting for? Click the button below and I will see you on the inside...
Update
We have added the Momentum Strength feature to the Delta Scalper!
We have added the Momentum Strength feature to the Delta Scalper!
Adding the Momentum Strength setting to the Delta Scalper is a game changer. Now the Delta Scalper not only analyzes order flow, but also price action and momentum.
Momentum is important to traders because it reflects the strength and direction of a price movement. When using momentum, Delta Scalper assess the overall market sentiment. By gauging the speed and magnitude of price changes, Delta Scalper makes more informed decisions, aided by a deeper understanding of market dynamics. Momentum helps reveal whether a market is experiencing strong buying or selling pressure, aiding traders in gauging market trends and determining entry or exit points.
Moreover, momentum plays a crucial role in confirming Delta Scalper entries. When momentum aligns with Delta Scalper signals, it reinforces the validity of a trading signal. Conversely, if momentum diverges from a Delta Scalper signal, traders should not be looking to take the trade.
Momentum provides insights into market psychology and the behavior of market participants. It offers a window into the collective sentiment of traders, reflecting the underlying forces that drive market movements. By adding momentum, traders gain a deeper understanding of when market dynamics and Delta Scalper are working together.
Traders can choose to use the momentum strength setting or not use it. We have found that using the momentum strength setting gives traders and even better edge in the market. There are 4 levels:
Strength setting of 0 = Disabled
Strength setting of 1 = Weakest momentum strength
Strength setting of 3 = Average momentum strength
Strength setting of 6 = Strongest momentum strength
Check out the charts below to see the amazing differences:
The Delta Scalper features the Trade Entry Signal
Trade Entry Signal – This setting can be enabled or disabled. If you just want to see every time the conditions are met for a signal to be generated, then you would simply disable the Trade Entry Signal.
However, when trading with order flow, it is always better to take a trade in the direction of the market and the Trade Entry Signal allows you to do that.
Trade Entry Signal – default is enabled.
The Trade Entry Signal is something I use in my trading. I use it to help me determine to take a trade or pass on the trade. It keeps me out of bad trades, the trades where there is no follow through order flow in the direction of the trade. If there is no follow through order flow, the probability the trade will work out is decreased and has a higher chance of failing.
The Trade Entry Signal, when enabled, will signal after the signal bar when the subsequent bars exhibit complimentary order flow in the direction of the trade signal.
You can choose to use the Trade Entry Signal or not use it by unchecking the box next to the work Enable. Note – The zone will still draw if you choose, but there will be no signal drawn. Up arrow or down arrow.
When enabled, a BUY Signal (Blue Triangle Up) will print only after the signal bar closed and the next bar(2) start moving in the direction of the signal. The signal will print on the bar that has the confirming price action after the signal bar. A SELL Signal (Red Triangle Down) will print only after the signal bar closed and the next bar(2) start moving in the direction of the signal. The signal will print on the bar that has the confirming price action after the signal bar.
Trade Entry Signal – When disabled, a BUY Signal (Blue Triangle Up) will print on the bar as soon as the conditions are met. A SELL Signal (Red Triangle Down) will print on the bar as soon as the conditions are met.
Note: As the bar is forming and the order flow is coming in a signal may appear and disappear based on the order flow. But once the bar is closed and there is a signal, it will not disappear or repaint.
Trade Entry Signal – When enabled, a signal will print on your chart in the bar(s) immediately AFTER the signal bar, not directly on the signal bar.
What this means is when the conditions of the Delta Scalper are met, for a trade signal to be generated, the order flow in the next bar(s) needs to be in the direction of the trade signal.
You can decide how many ticks you want the market to start moving in the direction of the trade for a trade signal to be generated. I use 2 and the default is set to 2. In slower moving markets, you can adjust it to 1 if you like.
You can decide in how many bars you want the market to start moving in the direction of a trade for a trade signal to be generated. I use 2 and the default is 2. This means the market must move at least 2 ticks in the direction of the trade within the next 2 bars for a signal to be valid.
However, when trading with order flow, it is always better to take a trade in the direction of the market and the Trade Entry Signal allows you to do that.
Trade Entry Signal – default is enabled.
The Trade Entry Signal is something I use in my trading. I use it to help me determine to take a trade or pass on the trade. It keeps me out of bad trades, the trades where there is no follow through order flow in the direction of the trade. If there is no follow through order flow, the probability the trade will work out is decreased and has a higher chance of failing.
The Trade Entry Signal, when enabled, will signal after the signal bar when the subsequent bars exhibit complimentary order flow in the direction of the trade signal.
You can choose to use the Trade Entry Signal or not use it by unchecking the box next to the work Enable. Note – The zone will still draw if you choose, but there will be no signal drawn. Up arrow or down arrow.
When enabled, a BUY Signal (Blue Triangle Up) will print only after the signal bar closed and the next bar(2) start moving in the direction of the signal. The signal will print on the bar that has the confirming price action after the signal bar. A SELL Signal (Red Triangle Down) will print only after the signal bar closed and the next bar(2) start moving in the direction of the signal. The signal will print on the bar that has the confirming price action after the signal bar.
Trade Entry Signal – When disabled, a BUY Signal (Blue Triangle Up) will print on the bar as soon as the conditions are met. A SELL Signal (Red Triangle Down) will print on the bar as soon as the conditions are met.
Note: As the bar is forming and the order flow is coming in a signal may appear and disappear based on the order flow. But once the bar is closed and there is a signal, it will not disappear or repaint.
Trade Entry Signal – When enabled, a signal will print on your chart in the bar(s) immediately AFTER the signal bar, not directly on the signal bar.
What this means is when the conditions of the Delta Scalper are met, for a trade signal to be generated, the order flow in the next bar(s) needs to be in the direction of the trade signal.
You can decide how many ticks you want the market to start moving in the direction of the trade for a trade signal to be generated. I use 2 and the default is set to 2. In slower moving markets, you can adjust it to 1 if you like.
You can decide in how many bars you want the market to start moving in the direction of a trade for a trade signal to be generated. I use 2 and the default is 2. This means the market must move at least 2 ticks in the direction of the trade within the next 2 bars for a signal to be valid.
Here is another great example of how the Trade Entry Signal will protect you by keep you out of trades you should not be in. Often times markets go sideways. There is no way to know beforehand if a market is going to go sideways or start moving. Or is there? Based on the order flow there are 10 potential trades to take. Out of the 10, the Trade Entry Signal only gave you actual trade signals when there was follow through order flow enabling you to catch the trade that worked and kept you out of the trades when the market was going sideways.
Imagine the improvement in your own trading results by staying out of the bad trades!
The Trade Entry Signal is a GAME CHANGER for many traders because it keeps you out of potentially losing trades. Imagine how your trading results can improve if you can remove a portion of trades you should take that lose. I know you have experienced the sinking feeling of getting into a trade and it immediately go against you and then stop you out. It sucks. The Trade Entry Signal is designed to keep you out of those trades. While it won't keep you out of all them, it will keep you out of many of them.
Get Delta Scalper for NinjaTrader (NT8)
Now For Just $299
Now For Just $299
Frequently Asked Questions and Answers:
- What trading platform does the Delta Scalper run on?
- Delta Scalper runs on NinjaTrader, both the free and paid version.
- Do I need the Orderflows Trader software to run Delta Scalper?
- No. Delta Scalper is a stand alone indicator that interprets the delta and price action in the market.
- Do you offer a free trial?
- Unfortunately not anymore.
- Do I need Level 2 data to run Delta Scalper?
No, Delta Scalper will run on normal Level 1 data, but you will need to enable the Tick Replay feature on NinjaTrader 8 to show the signals on a historical chart. - I am a short term trader, I look at the DOM and tick charts. Will Delta Scalper help me?
- Yes. Delta Scalper analyzes volume traded on the bid and volume on the offer. I prefer to run Delta Scalper on chart ranging from 1 minute to 15 minutes and range charts between 4 range and 10 range.
- Do I need to use a footprint chart to use Delta Scalper?
- No. Delta Scalper will run on any chart type. It will run on regular bar charts, candlesticks chart, renko charts, etc. Just about any chart you use it can be run on.
- When I load Delta Scalper on my chart I don't see any arrows?
- Delta Scalper reads the traded bid volume and the traded offer volume. It works on real time data as it comes in or it works on recorded data in market replay. Delta Scalper starts reading the data once you turn on your NinjaTrader and apply it to a chart.
Copyright 2023 - Deltascalper.com - All rights reserved
- Disclaimer and Risk Disclosure:
- CFTC Rules 4.41:
- Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Disclaimer:
This presentation is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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