Order Flow: an honest model for forex, a cleaner TPO and detector thresholds you control

Saying what the data is

Crypto markets give us every trade. Forex and CFDs don't — there is no central tape, only quotes. Order Flow now says so: on those markets it shows a Quote-based model badge, derives live trades from bid and ask changes and estimates history from bars.

• Detectors that need real prints — icebergs, Inst CVD and BT Cluster — are off on quote data, cell detectors run on live bars only, and Big Trades and Power Trade use bar volume.
• The order book there reads 'Indicative order book — modelled from quotes' and takes no orders; markets with no book say so instead of showing 'Disconnected'.

Profiles and footprint, corrected

• TPO prints one letter per price per period, as the method defines it — before, every bar added a letter, which skewed POC and the value area on low timeframes. Excess is a tail of two or more single prints, and a row cap keeps the tab responsive.
• On bar-based volume profiles, VAH and VAL sit on bucket edges instead of half a bucket too high.
• The footprint's automatic tick size no longer changes when a new bar opens, very wide ranges are coarsened rather than squeezed, and diagonal imbalance compares each level with the next price level.
• On daily and higher timeframes, CVD settings now say it runs continuously, and when Inst CVD is off the panel says why.

Your thresholds

Absorption, exhaustion and iceberg thresholds and the minimum trade size for Inst CVD are now settings, the same on every market. Exhaustion is described for what it is — a climax-bar detector — and Multi-TF Power is renamed Power vs 5-bar. Settings, hints and labels are translated into all 14 terminal languages.

Order Flow is part of Premium — free for every signed-in account until 1 January 2027 — and reaching level 10 in Rewards now really grants seven days of it. Open it from Modules in the terminal.