What information does the Order Flow chart display?

Order Flow gives you a more detailed view of the trading activity behind price movements. While a regular candlestick shows the Open, High, Low, and Close, Order Flow also shows how Buy and Sell Volume is traded across different price levels within each candle.

Delta measures the difference between Buy Volume and Sell Volume within a candle.

Delta = Buy Volume − Sell Volume

• Positive Delta: Buy Volume is higher than Sell Volume.
• Negative Delta: Sell Volume is higher than Buy Volume.

Buy Volume generally represents aggressive buying, while Sell Volume generally represents aggressive selling.

However, the Delta value should always be compared with price movement. For example, if a candle has strong positive Delta but price barely moves higher, buyers are active, but their buying is not producing much upward progress.

Therefore, positive Delta should not automatically be treated as bullish, and negative Delta should not automatically be treated as bearish.

How do I read Cumulative Delta?

Cumulative Delta keeps a running total of Delta across multiple candles.

For example, Cumulative Delta is -21.13K, and Delta is 3.77K, so Cumulative Delta is  -24.89K.

Compare Cumulative Delta with price:

• If price is rising and Cumulative Delta is also rising, buying participation is broadly supporting the move.
• If price continues making new highs while Cumulative Delta begins weakening, participation behind the move is changing.

A divergence between price and Cumulative Delta does not guarantee that price will reverse. It indicates that participation is no longer behaving in the same way as price.

How do I read Imbalances ?

An Imbalance highlights a price level where one side is significantly more aggressive than the other.

The comparison is made diagonally between Sell Volume at one price and Buy Volume at the adjacent price.

For example, if the Imbalance Ratio is set to 300%, one side needs to have at least three times the volume of the opposite side. If Sell Volume is 65 and the corresponding Buy Volume is 260, the Buy side meets the threshold and is highlighted as a buy imbalance.

If the Imbalance Ratio is set to 300%, this qualifies as a buy imbalance.

It draws your attention to a price level where buying was considerably stronger than the opposing activity.

How does Volume Profile help when reading Order Flow?

Volume Profile shows where trading activity was concentrated across a price range.

Longer profile bars represent prices where more volume traded, while shorter bars represent prices where relatively less volume traded.

Three important levels are:

• POC (Point of Control): The price where the highest volume traded.
• VAH (Value Area High): The upper boundary of the Value Area.
• VAL (Value Area Low): The lower boundary of the Value Area.

The Value Area contains a selected percentage of total traded volume. The default is 70%.

You can use Volume Profile to identify an important area first and then use Order Flow to study how buyers and sellers behave when price reaches that area.

What is a simple way to analyse an Order Flow setup?

A practical way to read Order Flow is to follow this sequence:

1. Identify the location
   Start with a price area that already matters to your analysis, such as support, resistance, a breakout level, Volume Profile level, or High Volume Node.
2. Check participation
   Look at Delta, Imbalances, Stacked Imbalances, and areas of heavier activity to understand whether buyers or sellers are becoming more aggressive.
3. Observe the price response
   Check whether the aggressive activity is actually moving price. Look for signs of Absorption, Exhaustion, or changes between price and Cumulative Delta.

Order Flow works best as an additional layer of information around an existing trading setup rather than as an isolated Buy or Sell signal.