Last updated: Mar 5, 2021
Hybrid mode for Order flow
For ‘Spread trades’ set Split or LastKnownSide.
Non-Crypto volumes divider and Ticks per level
Indian users must adjust Non-Crypto volumes divider and Ticks per level parameters.
For NIFTY features set volumes divider = 75 according to lot size. BANKNIFTY features has 20 as the lot size. See the above image. Non-crypto volumes divider is available starting from version 3.16.3
For NIFTY futures set Ticks per level = 40. We use this value for mzFootprint on 240 Range chart and for mzVolumeProfile on 30 Min chart.
For BANKNIFTY futures set Ticks per level = 1500.
mzBigTrade Indicator requires fine-tuning. See image. You can use 10 Tick chart to refine your entries. Take some screen time to make adjustments suited for your trading strategy.
Download BANKNIFTY – NIFTY workspace. MZpack 3.16.3 or later required.