The DOMinator
What is it?
The DOMinator is a modified pace of tape study which isolates specific aggressive activity occurring through the Time &
Sales. Utilization is similar to the EAD although the DOMinator is not designed to show exhaustion or absorption but to
provide insight into the live (and heavy) market participation.
Recommended Settings
The following recommended settings are based upon recent Harmonic Rotations at the time of this writing and may vary
over time and require adjustments. The most up to date list of recommended settings for all OFL tools for various
instruments can be found on the OFL Discord server.
NQ 875 Tick
ES 1450 Tick
CL 195 Tick
RTY 320 Tick
UB 125 Tick
Multiple DOMinator instances can be overlaid on the same chart. You can have short and high timeframe DOMinator on
the same trade chart by adding two instances of the DOMinator indicator and configuring them with 2 different settings.
For example, NQ 500-Tick chart & 1000-Tick chart.
The presence of prints may differ slightly due to data feeds but the context of activity will be present based upon the
timeframe.
Note: Due to real time calculation requirements, the DOMinator indicator will not work in NinjaTrader playback. The
DOMinator will function correctly in real time. The ability to run the DOMinator in replay may be added in the future
depending on feasibility.
Copyright © 2022 OrderFlow Labs LLC (orderflowlabs.com). All rights reserved.
Configuring DOMinator 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 DOMinator, 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
Copyright © 2022 OrderFlow Labs LLC (orderflowlabs.com). All rights reserved.
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 875-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.
Using the Signal Tick Offset parameter, you may choose how far above or below the price bar you would like to see the
markers. 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 the price bar.
Marker colors and sizes can be adjusted by updating the Color and Width values under Plots. You may 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 DOMinator 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.
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.
Copyright © 2022 OrderFlow Labs LLC (orderflowlabs.com). All rights reserved.
Figure 5
Disclaimer
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 cannot be called from other NinjaTrader indicators or strategies.
OFL NinjaTrader tools are designed for graphical display on a chart 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/ayYJvwvg16M
Copyright © 2022 OrderFlow Labs LLC (orderflowlabs.com). All rights reserved.
