Q. I already have Flowshifts & Flowscalper. Is Power Bars the same thing?
A. No, Power Bars is vastly different and analyzes order flow data not analyzed by any other order flow indicator on the market today.
Q. Are the Power Bars a footprint chart?
A. No. The Power Bars is an order flow tools that analyzes all the data
you would normally see on a footprint chart as well as normal candlestick chart.
Q. Do I need a footprint chart to use the Power Bars?
A. No, the Power Bars run on normal bar or candlestick chart and don't run on footprint charts.
Q. Does the Power Bars run on a footprint chart?
A. No, Power Bars does not run on a footprint chart.
Q. What platform does the Power Bars work on?
A. The Power Bars is programmed for NinjaTrader 8.
Q. Do I need the PAID version of NinjaTrader 8 or can I use the FREE version?
A. The Power Bars will run on the PAID version as well as the FREE version of NT8.
Q. I use Sierra Chart, is the Power Bars available for Sierra Chart?
A. No. At the moment the Power Bars is only available for NT8.
Q. I see you have different markets and different time frames, do I need to follow so many different markets?
A. No, I show you different markets and different chart types so you can see for yourself how the Power Bars works under different conditions.
Q. I trade Forex, can I use the Power Bars to analyze FX markets?
A. Yes. Power Bars works on Forex charts.
Q. I trade crypto, can I use the Power Bars to analyze Crypto markets?
A. Yes, NinjaTrader can connect to Coinbase for free crypto data which can be used with Power Bars.
Q. What markets work best with Power Bars?
A. Futures and stocks work best with the Power Bars.
Q. What time frame is best for Power Bars?
A. Order flow in generally is best for shorter time frames. If you trade anything from 30 second charts to 30 minutes, Power Bars performs well. When analyzing order flow it is best to trade off that information as soon as it appears. But I do keep longer term charts open to follow the higher time frames.>