Description
Romantick Pulse – A simple indicator for order flow and volume analysis
Romantick Pulse uses a special algorithm to give trading signals by analyzing order flow and real-time volume, focusing on the current candle and the previous one.
This indicator is suitable for scalpers and order flow traders who want accurate signals without dealing with complicated footprint charts.
Specific benefits
Romantick Pulse is designed to help you:
- Capture trading signals right after liquidity sweeps within a candle, often providing entries at the start of a new price wave.
- Get clear confirmation from volume and delta inside the Order Acceptance Box (OAB), so you don’t have to guess the candle behavior.
- Filter out weak or noisy signals by customizable minimum volume requirements.
- Understand active BUY/SELL pressure in each candle pair, giving you market insight before the signal shows up.
Main features
1. Volume and Order Flow analysis for each candle
Romantick Pulse examines how volume is spread out in each candle to detect big changes in liquidity at recent highs and lows.
It evaluates whether the market is accepting trades at higher or lower prices within a single candle by simultaneously analyzing:
- Volume distribution
- Delta (the difference between the current and previous candles)
- Order flow within the current candle
It automatically draws an Order Acceptance Box (OAB), a box that contains most of the BUY/SELL volume, and compares the volume in the box with the rest of the candle. This helps eliminate noise and shows which side is in control.
2. Trading signals
A signal is triggered when these 3 conditions are met:
- A liquidity sweep is detected
- A delta reversal occurs between the current and previous candle
- Volume acceptance favors one side in the Order Acceptance Box
2.1. How a SELL signal is formed
- Step 1: Liquidity sweep & Delta analysis
Price sweeps above the recent high but closes below the previous candle’s close, and delta flips, indicating a failed attempt from buyers. - Step 2: Candle volume comparison
If the Order Acceptance Box holds more volume than the rest of the candle, it shows that sellers are accepting trades at lower prices. - Step 3: Sell volume comparison inside the Order Acceptance Box
If sell volume is higher than buy volume inside the Order Acceptance Box, indicating that sellers are in control, the indicator triggers a SELL signal. - Step 4 (Optional): Additional confirmation
A SELL signal is triggered only if the total volume of the current candle is higher than the previous one, showing increased selling pressure.
2.2. How a BUY signal is formed
- Step 1: Liquidity sweep & Delta analysis
Price sweeps below the recent low but closes above the previous candle’s close, with delta flipping, indicating a failed attempt from sellers. - Step 2: Candle volume comparison
If the Order Acceptance Box holds more volume than the rest of the candle, it shows that buyers are accepting trades at higher prices. - Step 3: Buy volume comparison inside the Order Acceptance Box
If buy volume is higher than sell volume inside the Order Acceptance Box, indicating that buyers are in control, the indicator triggers a BUY signal. - Step 4 (Optional): Additional confirmation
A BUY signal is only triggered if the total volume of the current candle is higher than the previous one, showing increased buying pressure.
3. Flexibility and simple interface
Romantick Pulse works on all chart types, especially Renko bars, where reversal signals are easier to capture.
You can also customize settings as follows to adjust the signals to fit your personal trading style:
- Volume filter – compares the current candle’s volume with the previous one
- POC (Point of Control) thresholds
- Volume thresholds – compares the volume inside the Order Acceptance Box with the volume of the rest of the candle
- Buy/Sell thresholds – compares the imbalance inside the Order Acceptance Box
