OPEN-SOURCE SCRIPT
Updated IOFE Institutional Order Flow Engine
IOFE – Institutional Order Flow Engine (42-Phase Model)
IOFE (Institutional Order Flow Engine) is a non-repainting, indicator-only tool designed to assist discretionary traders in analyzing market structure and institutional participation.
The indicator combines order-flow proxies, volatility regime detection, higher-timeframe (HTF) and lower-timeframe (LTF) alignment, adaptive confidence scoring, and execution governance logic to highlight areas of contextual market interest. All outputs are visual aids intended to support manual analysis and decision-making.
IOFE does not place trades, execute orders, or connect to any broker. It is not a trading system or automated strategy.
Key features include:
• Institutional order-flow approximation using spot–future behavior
• Adaptive volatility and regime classification
• HTF structure and reversal alignment
• Confidence-based signal filtering
• Breakout, pullback, and reversal context labeling
• VWAP and value-area positioning
• Confirmed-bar logic to avoid repainting
This indicator is best used as a confirmation and contextual tool alongside price action, risk management, and personal trading rules.
Disclaimer:
This script is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, or trade recommendations. Trading and investing involve substantial risk, and past performance does not guarantee future results. The author assumes no responsibility for any losses or decisions made using this indicator.
IOFE (Institutional Order Flow Engine) is a non-repainting, indicator-only tool designed to assist discretionary traders in analyzing market structure and institutional participation.
The indicator combines order-flow proxies, volatility regime detection, higher-timeframe (HTF) and lower-timeframe (LTF) alignment, adaptive confidence scoring, and execution governance logic to highlight areas of contextual market interest. All outputs are visual aids intended to support manual analysis and decision-making.
IOFE does not place trades, execute orders, or connect to any broker. It is not a trading system or automated strategy.
Key features include:
• Institutional order-flow approximation using spot–future behavior
• Adaptive volatility and regime classification
• HTF structure and reversal alignment
• Confidence-based signal filtering
• Breakout, pullback, and reversal context labeling
• VWAP and value-area positioning
• Confirmed-bar logic to avoid repainting
This indicator is best used as a confirmation and contextual tool alongside price action, risk management, and personal trading rules.
Disclaimer:
This script is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, or trade recommendations. Trading and investing involve substantial risk, and past performance does not guarantee future results. The author assumes no responsibility for any losses or decisions made using this indicator.
Release Notes
Just added symbol choice in settingOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.