Delta Dominance Detector (DDD)

What is it?
The delta dominance detector utilizes an intra-candle relationship (a look inside the candle) of delta volume to determine
if the candle has a dominant market participant. The dominant positioning will show as buy or sell delta, clearly visualizing
the current market activity.

Usage and Settings

In the event of a strong trending scenario the delta will show continuation with respect to the most recent candle to guide
further extension of the auction. It will help the user hold positioning during the extension of a move and guide which
players are in control at that time.

It can also be seen as an indication of reversal (when paired with the Exhaustion & Absorption Detector) to allow for the
market participant to prepare for a potential rotation within the auction.

Combining with other tools

The DDD identifies the strength of market participants but is not actionable on its own. The DDD is best paired with the
Exhaustion Absorption Detector (EAD) or Job Pinch. For example, there is a strong buy delta which is absorbed by the offer
resulting in three candles of two-way trade. The offer overtakes the bid and initiates in the opposite direction with
strength.

DDD - Deep Dive

The DDD provides the user with a visualization of the dominant participant with respect to delta within the candle. These
formations are utilized heavily in conjunction with the Session Delta Pivots (SDPs) and provide insight to the alteration of
initiative activity as discussed in those videos.

Another helpful means of utilizing the DDD is for continuation of previous positioning. As the user is positioned, it is ideal
to see dominance in line with the direction of the currently executed trade for potential acceleration. The speed of the
response is also important. While in position and on the right side of the DDD, the velocity of price continuation needs to
expand. As it slows, you will begin to see the change in participant dominance.

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Configuring DDD on NinjaTrader
To load the OFL NinjaTrader indicators, either go to an existing chart window or open a new chart. To open a new chart,
go to the NinjaTrader Control Center window, press New and select Chart.

Figure 1

In the Data Series dialog box, enter the name of the instrument you wish to trade or select it from the dropdown menu.

Figure 2

Select your chart type and value, the number of days you wish to load and make any other updates you wish to make and
press ok.

On the chart window, click the Indicator button or press CTRL-I to bring up the indicator dialog box.

Figure 3

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Under the list of available indicators, double click the OFL folder, select the indicator and click add.

Figure 4

If this is your first time bringing up this indicator, this will load all the default values under Properties. Make your desired
changes to the list of available parameters.

For Delta Dominance Detector, the following parameters are available:

The first three entries under Properties define the underlying chart that the indicator calculations are based on. The
settings shown are independent of your primary chart settings which is the chart that is shown on the chart window. In
this example, the primary chart is a time-based chart with each bar representing 1 minute of time (Figure 2).

The Calculation Chart is used internally by the indicator and is never visible on the screen. You are free to pick your
preferred chart type and period for the primary chart irrespective of the Calculation Chart. The indicator will use the
settings used for the Calculation Chart to perform the calculations and display the results on the primary chart at the
appropriate points. Please use the recommended OFL settings for the Calculation Chart for the instrument that you are
planning to trade. The most up to date list of recommended settings for all OFL tools for various instruments can be
found on the OFL Discord server. In the example shown, the Calculation Chart is a 512-Tick chart.

We strongly recommend that you always leave the checkbox for “Calculation bar break at EOD” selected to avoid
unpredictable outcomes due to variations in starting point on non-time-based charts.

There are two options to view the Delta Dominance Detector signals on a chart:

Copyright © 2022 OrderFlow Labs LLC (orderflowlabs.com). All rights reserved.

 • Color price bars

By default, chart bars will be colored by the indicator to show Buy or Sell side Dominance. You may adjust the colors by
updating the color fields in the Plots section. In this mode, none of the other settings under Plots will have any effect.

Figure 5

To be able to clearly see the indicator signals, we recommend that you select neutral colors for the data series candle
colors. To change the color on your price bars, click the Data Series button or type CTRL-F in the chart window and update
the colors for Candle body outline, Candle wick, and Colors for down and up bars. OFL recommended settings are shown
here:

Figure 6

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Please note that there are multiple OFL indicators that change the color of price bars. If you choose to add multiple such
indicators on the same chart panel, to avoid confusion, only set one of the indicators to “Color price bars”. Having multiple
indicators changing the color of price bars may cause unexpected results and is not recommended.

• Chart markers

If instead, you prefer to see markers on the chart, you may uncheck the box for “Color price bars” under Indicator
Properties. With this setting, you may choose how far above or below the price bar you would like to see the markers by
adjusting the value for Signal Tick Offset. The offset value is in the units of Ticks for the chosen instrument. For example,
in case of ES or NQ, 16 ticks will be 4 points away from high or low of price bars.

Figure 7

Marker colors and sizes can be adjusted by updating the Color and Width values under Plots. In this case, you have the
option to select other marker types by selecting a different “Plot style”. You may select from one of: Block, Cross, Dot,
Hash or any of the 4 Triangle options. Other settings may not properly display the DDD indicator signals on the chart
window and are not recommended.

Using Templates
If you are planning to load the same indicator on additional charts with the same custom settings, you may save your
customizations into a template. Click “template” in the bottom right corner of the Indicator Properties dialog and then
Save. In the Template dialog box, either enter the name for your template and click Save or, select “Save as Default”.

If you select “Save as default”, this will save your custom settings into the default settings for the chosen indicator. By
doing this, next time you add this indicator on a new chart, it will be loaded with your custom settings so you won’t need
to perform your customization steps again.

Copyright © 2022 OrderFlow Labs LLC (orderflowlabs.com). All rights reserved.

Update or Remove
To update your preferences, you may go back to the indicators dialog box and make any changes, and press ok.

To remove the indicator from your chart, go back to the indicators dialog box, select the indicator from the list of
Configured indicators, click remove and then press OK.

Figure 8

Disclaimer
The OFL NinjaTrader tools are currently supported on NinjaTrader version 8 with Lifetime License running on Microsoft
Windows. None of the OFL NinjaTrader tools are designed to work with the NinjaTrader Strategy Analyzer or other third-
party automation tools. Additionally, OFL NinjaTrader tools are not designed to be called from other NinjaTrader
indicators or strategies. OFL NinjaTrader tools are designed for graphical display on a chart, and for visual interpretation
of Price Action or Order Flow. These tools are not guaranteed to generate the expected results if they are used in any
capacity other than displaying on a chart for visual interpretation.

Additional Resources
https://youtu.be/4CYlINB8AA0
https://youtu.be/Dio1-XQ5-Rs
https://youtu.be/RcUGeXrdJYg

Copyright © 2022 OrderFlow Labs LLC (orderflowlabs.com). All rights reserved.