xcritical Order Flow Software review Platform test

Gradually increase the “minimum value” in the indicator settings, until the clusters, to which the price doesn’t react, disappear. Are you ready to open the first trade in the xcritical platform? You can open and close trades directly on the chart, and also with the help of the special Chart Trader module and in the Smart DOM. Read in the article how to do it.

  • For me, this is not exactly a con as I prefer simplistic UIs over those that try to gamify the whole trading experience.
  • If the price quote gets to a new level and the price stays at it as if getting accustomed to the new place, it means that the market accepts the price.
  • TPO, which expands into both directions from the initial range, is a sign of increase of volatility and warning about a possible focused movement.

In this article I’d like to introduce you to the platform xcritical – Advanced Times & Sales. xcritical is the leading trading and analytical https://xcritical.expert/ platform for order flow and volume trading. Possibility to analyze and trade US and Russian futures/stocks markets.

In the picture below, we have opened several setting possibilities for you.The settings can be easily called up and configured via the chart window. xcritical offers a wide range of options to create your own trading style. Our platform is used by proprietary trading companies and professional traders throughout the world. Ninjatrader has a huge community, this means there is a lot of third party software for mobile app, advanced orderflow tools, indicators, etc. Besides that, they recently released the Daytradr platform which includes all things such as Market Profile, candlestick charts, and footprint charts.

I’ve been studying footprint and order flow for sometime and after watching their introduction video I must say I’m quite impressed. They have some interesting features that I haven’s seen before. Their website is Russian only so had to figure out how to obtain a demo login (AMP futures sign up didn’t work). Has Plug-In mode similar to Sierra Charts’ data bridging to reduce data fees .

The great advantage of the trading platform is that it is very easy to use and can be adjusted in many ways. Beginners should have settled in well after a short training period. With our videos on the platform, the operation should not be a problem xcritical anyway. In addition, it is not possible to get data for CFDs or Forex because they are traded on the spot market or OTC . You can only get the right data from the stock exchange for futures. Read our articleon how to trade Forex with Order Flow.

xcritical indicators overview

– Then this page is the right place for you.With more than 9 years of experience in trading, we have been using this trading platform for more than 2 years. In the following sections, we will share our experiences with you and show you a detailed insight into the platform. Learn how to trade on the platform and what are the conditions foxcriticals are. Allows you to locate price levels with max volume/bid/ask/delta/icebergs for a period of time of your choice. Many traders use these levels for their trading strategies.

What I expect from the desktop app release is even more markets from more exchanges. If you can stand constantly ranting team a narrow choice of data providers in cryptocurrency space, Sierra Chart is a solid choice. Sierra Chart is not easy to set up and it really takes a few weeks/months until you become fluid with the platform. For me, this is not exactly a con as I prefer simplistic UIs over those that try to gamify the whole trading experience.

For example, analyze only the delta or the volume with an indicator. The setting options are really very varied and you should create an overview for yourself. For newcomers, xcritical offers a free trial version with a duration of 14 days. You get full access to all functions and can try the software.

xcritical trading

xcritical offers a complete set of tools for the analysis of futures, stock, and crypto markets. Via data feed, you get the data of the exchange directly sent your computer and xcritical evaluates it for you. Well-known tools, such as the volume profile, can be adapted and used in the software. Also, own tools (Smarttape, etc.) were developed and programmed especially for the trading software. The software surprises us at first sight with the simple configuration of the tools.Compared to other platforms, xcritical is very user-friendly.

If you get a liking for xcritical afterward, you can book the license for one month or more. There is no automatic subscription, but the license must always be renewed by the trader himself. Visual analysis of order flow, cluster analysis, volume profile of market, etc. allow viewing the market from the inside and realizing its motivation. I was looking at available platforms in AMP Futures website and came across this Russian platform xcritical .

El Blog del Trader

For example, a single print may appear in the middle of the profile at a breakout of the previous balanced area. We converted coloured TPO blocks in the left part of the 5-year US Treasury Notes futures chart into TPO letters in the right part. The chart is the same, but the scale along the vertical axis is different. We also use different external services like Google Webfonts, Google Maps, and external Video providers.

  • Fast zooming and switching to another position of the chart is possible without any problems.
  • Please be aware that this might heavily reduce the functionality and appearance of our site.
  • Its analytical instruments enhance the information value of market data, offering a comprehensive view of market events and leading to better trading performance.
  • Crypto, Forex, Futures, Stocks, Options, Spreads, and much more can be all traded in one platform while you are connected on multiple data feeds at the same time.
  • The broker is used to post the corresponding data for the various exchanges.
  • They offer support for several exchanges in both legacy and cryptocurrency space and a variety of indicators.

– xcritical is a volume andorder flow tradingsoftware that graphically processes market data directly from the stock exchange for you. Professional traders use the analysis of the volume and order book to identify the liquidity in the market and to open positions by themselves. They have the best DOM after Jigsaw and Volfix at the moment. Their footprint charts are actually the best of any platform. They can even seamlessly do multi-timeframe volume analysis .

xcritical Order Flow trading software review and tutorial

However, there is a time of maximum activity, for example, when a regular American session opens. TPO, which expands into both directions from the initial range, is a sign of increase of volatility and warning about a possible focused movement. xcritical allows you to mark out the initial range of any period of time and not only the whole trading session. For example, we marked initial ranges of every 4 hours in the previous chart. Become a professional elite trader thanks to volume trading.

Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Because we want our customers to be completely satisfied with our service, we offer a free 14 day trial for the xcritical platform.

Because I don’t want to be too biased I have to say I appreciate the huge library of community-made indicators and scripts. As I already mentioned, you can chart pretty much anything on Tradingview. If you want to save little money you can wait for events like Black Friday when they offer all packages with deep discounts. I was a little bit torn if I should or should not include Tradingview in this article, but truth is that if you are a little bit creative, Tradingview can offer a lot. The only downside I can see is that there are no options for order execution via API, but this should be provided in the release of the desktop version.

You can trade and analyze Futures, Stock, and Crypto with Bookmap. The most expansive option of bookmap which supports futures and stocks costs $1990 or $99 per month. It focuses solely on one thing only, the heatmap which displays both limit and market orders in and unique way. Because the All-in-one Package is the only one that accesses Market Profile and some orderflow indicators, you want to go for that one. There are some pretty cool indicators made by the Tradingview community and I really appreciate the use of alerts that go directly to my phone or email.

Black horizontal lines are resistance/support levels which we identified visually and by the candle tails. In this example we will use a fixed profile and TPO (Ctrl+F3 for fast access). Since these are screenshots and not video, we will consider the previous day first and then the current day. A single print is not a tail but such a place in the profile which was touched by the price only once.

Also if you are a crypto trader and you trade on the FTX exchange, you can get all the features completely for free. The price of $ 1190 lifetime access or $100/month is not cheap, but as I already mentioned, Quantower can do a lot. It is a great platform for any type of higher timeframe analysis and pretty much everything that is not too in-depth. I use Tradingview every time where I want to have just a quick look at any market as everything is cloud-based and it takes seconds to load a new chart. I also don’t think this is their goal as they will attract much more audience with trashy infographics on the main page and features that will improve user experience. If you are solely a cryptocurrency trader, Exochart is would be the best solution for you.

What is xcritical? – The software presented

It features tools that make market evaluation intuitive and fast. The trading platform offers a very wide range of tools for analyzing the order flow. It doesn’t matter if you work with the candlestick chart, footprint chart, or only with the order book. From our experience, we have seen that some tools overlap a bit in the analysis and actually only have small differences.

  • In the Cluster settings tab, scroll down to the BidAsk Imbalance settings.
  • I think I mentioned the brokers and data feeds that are supported with different platforms.
  • A powerful combination of analytical tools increases market transparency, allowing traders to react quickly and make trade decisions effectively.
  • Indicators for chartingIn the picture above you can see the section of the typical indicators.

The more months you book, the more money you will save. For example, if you book for 6 months, you will save $114. There is a possibility to set different formulas using any number of instruments, thus creating your own synthetic instruments! This option will be useful for portfolio analysis and pair arbitrage trade. A quick and simple connection to such popular data providers as CQG, Rithmic, IQfeed, TT, with the possibility to trade through CQG, Rithmic, TT is enabled. Please use the login you have previously been provided.

Speed of Tape

The price is around the industry standard and reasonable for all that Ninjatrader has to offer. A Jigsaw DOM is one of the most popular DOM traders use and Jigsaw webinars presented by Peter Davies are one of the best resources for learning Orderflow trading. Their team is very active on different social platforms hosting a variety of webinars that focus on different markets. xcritical platform is user-friendly and easy to use, so it makes it a great platform for charting and trading.

But if you decide to trade Crypto or Forex, data should be free. With the digitalization of pretty much everything in the last 20 years, trading was not an expectation and trading is predominantly done online. Learn how to connect your Rithmic account with xcritical platform here. With the Speed of Tape indicator, you can see changes in the speed of Time & Sales in the chart. This indicator displays order flow directly in the chart. Classic charting with special time units such as range, reversal, delta, etc.