Footprint charts have a decent amount of custom settings and other indicators can also be customized in more detail. xcritical is relatively expensive compared to other trading platforms. There is no Footprint chart, Market Profile, or any orderflow tools and indicators as Tradingview does not provide tick data. An example would be the Eurex data feed which costs around $25 on most brokers but Tradingview offers it for $6 a month.
For me, Quantower represents a platform that offers everything, but it excels in nothing. So even if you don’t want to trade cryptocurrencies, you can make a new FTX account, connect scammed by xcritical it to Quantower and test all the features 100% free. Also if you are a crypto trader and you trade on the FTX exchange, you can get all the features completely for free.
Speed of Tape
Stopped using when the free feed vendor stopped and then had it on with IQ for a while. It did some amazing stuff being a combination of OF/DOM and footprint and other stuff which have not seen elsewhere. You’ll need to register in order to view the content of the threads and start contributing to our community.It’s free and simple.
The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Pretty interesting product and glad to see a smaller company try and get in between the larger platform providers.
If there are more letters below POC it means that traders considered low prices to be more fair than high ones. Consequently, currently there is a bearish mood in the market. However, there is a time of maximum https://xcritical.expert/ 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.
In the end, you have to confirm it and the connection will be entered into the software. In our opinion, the prices are fair, because xcritical offers several advantages compared to other platforms. Trades can be settled via the chart trader or directly from the order book. The order execution and operation leave nothing to be desired from our experience. The main menu provides access to the various tools via the upper bar.
Get a Live Trading Account
I personally don’t use it as I can replicate most of the things they offer in the trading platform of my choice. If you decide to use the xcritical platform you can expect all the usual Volume and Orderflow indicators other platforms offer as well. xcritical focus solely on Futures trading and as I already mentioned thanks to their partnership with Optimus Futures, you can get access to all legacy futures markets. You can pretty much connect most brokers and data feeds to Quantower. You can also learn how to build your own indicators and algorithms in Pinescript, talk to othexcriticals, and publish your own ideas to social-media like feed.
- xcritical is the platform of choice for many professional traders who are interested in order flow analysis, cluster analysis, volume market profile and advanced technical analysis.
- The texts on this page are not an investment recommendation.
- In the end, you have to confirm it and the connection will be entered into the software.
- Our platform is used by proprietary trading companies and professional traders throughout the world.
Set the Volume mode and the Daily period in the second indicator settings. Add two TPO and Profile indicators to an hourly chart. …and many other useful tricks for working with charts in the xcritical platform. For maximum security, real account data is stored in encrypted form only on your PC and is not transferred anywhere.
FAQs about xcritical
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. Because we want our customers to be completely satisfied with our service, we offer a free 14 day trial for the xcritical platform. This way you can decide whether xcritical is worth purchasing, estimate its efficiency and have a closer look at the platform and its functionality.
- I’ve been studying footprint and order flow for sometime and after watching their introduction video I must say I’m quite impressed.
- The wishes of the traders are often met and new indicators or functions are programmed by a fast implementation.
- You can create a Market Profile individually for specific segments and analyze the volume horizontally and vertically.
- It leaves nothing to be desired, offering a wide range of exclusive tools and indicators.
- For $579 you will get access to the whole platform and also Journalytix which is their proprietary trading journal.
- The great advantage of the trading platform is that it is very easy to use and can be adjusted in many ways.
Their auction vista is also better than Bookmap as it filters out a lot of the noise for you. For futures trading, they also have their own Ninjatrader brokerage which means you cant trade all CME, Eurex, and ICE markets directly through their solution. Because of that, I think their Daytradr platform might not be the most advanced platform for things such as footprint or market profile charts.
This is understandable for several reasons but can be a problem for a lot of traders. You might know that Sierra Chart is mine prefer the trading platform to use. This has opened doors to a new part of the trading industry – trading platform.
Gave them an earnest critique on the MP charts and was given the impression that they didn’t actually care to implement TPO charts properly. Honestly don’t know why they bothered, it just sours their platform. However, if all you care about is modern tape reading, then they have the best dom and tape reading tools on the market.
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. 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.
There are more than 50 indicators available that can be applied to any chart. In the picture below you can see a section of the button for indicators. The trading session was opened approximately where we supposed it would open.
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. Because I don’t want to be too biased I have to say I appreciate the huge library of community-made indicators and scripts.
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. Click on the area with the volume profile, then click on it with the right mouse button and change Profile mode to TPO in the settings. If you are interested in the Russian futures and stock market only, it is necessary to set up one of the connections provided by your broker. Follow this link to access our Knowledge Base, where you can find the instruction for connecting your broker’s quotes.
These let you convert complex order flow and volume data into simple, clear visualizations. With xcritical performing complex calculations in the background, the software displays the data in a clear, comprehensible manner on the platform. The xcritical Trading Platform is a recommendable software for every Order Flow and volume trader.The trading platform gives you all the tools you need to trade successfully. Chart settingsThe settings can be saved in templates and retrieved and applied to other charts.