Order Flow Analytics

Order Flow Analytics
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
1.8

Summary

Order Flow Analytics is one the oldest ‘Order Flow’ educational service providers. The owner of the company, Don ‘DB’ Vaello certainly seems like a nice person, but unfortunately, he has absolutely no verifiable track record of ever trading successfully. Maintains a twitter page of supposed trading performance, which includes 100% winning day trades, and thousands of dollars of trading profits. However, when confronted with these supposed profits, he quickly admits that he is simply an educational provider and has no verifiable trading results.

Furthermore, publishes a series of “real trading videos” as part of his marketing scheme which gives the impression of live trading and amazing profit potential. However, once again when confronted with verifying the validity of these trading video’s, Mr. Vaello is not willing to verify performance. We must simply trust him, and trust that his magic trading indicators are statistically valid.

Pros: Trading indicators that appear to be Christmas light decorations. Everyone loves Christmas.
Cons: Unfortunately, there is no trading Santa Claus. Don 'DB' Vaello makes outrageous claims of profitable trading results, unfortunately, none of his trading results can be verified. Marketing is very sneaky and misleading.

Thanks for reading today’s review of Order Flow Analytics

What is Order Flow Analytics? The company is a day trading educational business owned and operated by Don (DB) Vaello.

A review of Archive.Org reveals that the business originated in 2009. The business maintains a social media profile on Facebook and Twitter.

In the past 6 years, Order Flow Analytics has offered a multitude of day trading products. Some of these products include an “Intensive Boot Camp” at $2500, an “Apprentice Upgrade” for an Order Flow Analyticsadditional $2500, and a “Bootcamp Extended Access” at $250 per month.

TradingSchools.org interviewed 5 purchasers of the educational product. The average money spent was $3,500 per student. These totals represent the aggregate sum that each student spent on courses and educational materials, as well as the $97 per month to lease the trading indicators.

Order Flow Indicators

Before I jump into the concept of Order Flow Analytics Indicators, let me first start off by saying that ‘Volume Visualization’ trading indicators are nothing new. In fact, the available data to create these sorts of technical analysis tools have been around since the early days of electronic trading aka Globex (1992). Essentially, the Bid/Ask information that is being displayed on a trading DOM is being parsed and spread-out over a graphical display. And from this graphical display, somehow we are supposed to see these magical patterns emerge.

Some trading educators will gleefully proclaim that “Huge orders are hitting the bid! And this means that perhaps a higher price move is imminent. Other trading educators will use fancy and authoritative terms like, “That Delta Divergence and Volume Cluster is where the BIG BOYS are standing their ground!” Yet others will proclaim that “Those massive 500 lot iceberg (lettuce?) orders that appeared only 60 seconds ago signify greater things to come!”

The one thing that all of these order flow indicator salesman all seem to have in common is that none of them have a verifiable track record of success. (at least none that I can find) When pressed for authentic results, they usually return an answer like,

When I developed the software, it was exclusively engineered by the world’s largest prop-trading organization.

Look, my software would of never been approved by XYZ trading platform if it were a scam.

I once had coffee with group of prop-traders in Singapore. And this lady uses a set-up named the Alligator to made consistent profits. She is happy and rich.

If you want to learn how to scalp the markets…you must use Order Flow.

Am I saying that Order Flow indicators are a complete and total scam? Am I calling DB Vaello a con-artist? No. But I am simply stating the obvious. He has no verifiable track record of ever trading successfully. And in my opinion, I have yet to find a vendor of ‘Order Flow’ trading indicators with a verifiable track record.

Supposed Performance Claims

DB Vaello of Order Flow Analytics maintains a flawless record of winning trades. At least, on his Twitter page. For the past year…DB Vaello posted the following list of day trades that he supposedly executed using his unique “Order Flow Analytics Analysis Software”.

$930$770$1,000$1,220
$5,400$1,260$1,400$1,400
$1,170$1,600$1,000$2,200
$960$2,260$900$2,500
$980$1,130$1,100$1,000
$500$480$1,000$10,500
$1,000$1,600$1,200
$1,530$990$1,600
$680$930$1,190
$1,080$1,100$1,300

Obviously, these sort of results appear to be ultra impressive. For the past year, not a single losing trade. Yet the Twitter page is replete with fantastic compliments and self-aggrandizement of the amazing Don ‘DB’ Vaello and his magic order flow analytics indicators.

I really enjoyed reading some of Don Vaello’s twitter comments, regarding his amazing day trading success…

  • “$1600 in only 22 minutes”
  • “$2260 in only 28 minutes. How was your trading today?”
  • “Cha-ching another $1300”
  • “Like taking candy from a baby. Another $2,000+ day”
  • “$10,500 profits trading crude oil. With only a 5 tick stop!”

On and on it goes. Twitter post after twitter post, all profits and never a mention of losses. All of this can be yours with the amazing Order Flow Analytics trading indicators.

Verifying Results

Obviously, with such amazing results, I needed to reach out to Don ‘DB’ Vaello and verify that these trades actually occurred. Unfortunately, Don ‘DB’ Vaello can show absolutely nothing to the TradingSchools.Org audience to validate the authenticity of these results. In fact, when questioned about these results, he readily admits that the posted results are only for “educational purposes” and “these are not real trades”.

In my opinion, what is most frustrating is the sneaky nature in which he markets his trading indicators. Have a look at the following video…notice the recording of a supposedly live trade in crude oil. The video gives the impression that he is casually monitoring the market, and then a trade set-up appears. He shorts the crude oil market at 6 contracts, and of course, the trade is a huge winner for over $1,000. The key takeaway with this video is the subtle sleight of hand. The narrative is that we are supposedly watching a live trade, and as the trade unfolds, the magician walks the audience through the video. All the while telling the audience “I dont know what will happen next”. But of course, he knows exactly what is going to happen next, a huge winner of $1,000+. The clever nature of the presentation gives the viewer a deep sense of hope, simplicity, ease-of-use, and lusty smell of profits.

 

In my opinion, the what is most impressive which the marketing videos of DB Vaello is the very smooth and calming nature of his voice. He is definitely an expert salesman. He just sounds authentic. He sounds like a trader. He say’s all the right things. It all makes you feel so confident.

But the hard and cold truth can be found by simply asking DB Vaello for any sort of proof of turning a profit, or proving the validity of these trades. He won’t. He simply responds, “this is for educational purposes only”, or “OFA is not a trading system and I have no results.”

Wrapping Things Up

I will finish this post with a little story from my past. Back in 1992, I was looking to learn how to trade. And just like you, I found a promotional advertisement in Futures magazine. A guy by the name of George Lane was willing to teach anyone to trade. He had developed a “weapons grade”, rocket mathematics trading indicator that could only be leased for a monthly fee of $250 per month. Supposedly he had been the head trainer at Bear Stearns, Goldman Sachs, and several other large trading firms. He had supposedly made millions of dollars and was now retired. But for the one-time fee of only $3,500, he would train anyone to trade. He was rich and taught this educational course because he, “simply loved to teach others to fish, to be successful at trading, to be financially independent, to make their dream comes true.” All could be conquered by learning how to use the super-amazing trading indicator called Stochastics. Yep, you are reading this correctly…stochastics.

Well, I bought into the dream, hook, line, and sinker. In those days, there was no internet. And so to learn this amazing trading indicator, I had to fly out to Illinois. In January, the freezing ass cold month of January. And so I went to spend several days with George Lane to learn these amazing trading secrets. For several days, I toiled away on a trading simulator that copied the price action in the SP500 Futures pit. Though I was mostly break even, old George Lane told me that I simply needed to keep looking at his amazing stochastics trading indicator and that the “patterns will emerge”.

Well, things didn’t work out so well. In those days, a trade cost $30. Or, $15 per side. And the trades had to be called into the pit, over an old telephone. As crazy as this sounds, I used to call a phone and place an order. After about 15 minutes, the broker would call me back and give me the fill price. At which you were either totally screwed, or totally confused about what to do next. As you can imagine, things didn’t work out so well.

Only after several years, did I invest in a program by Omega Research and backtest my Stochastics indicator. Wow was I shocked to learn that a Stochastics indicator has no more predictive value than a coin flip.

This is the underlying and fundamental problem with ‘order flow’ indicators…none of these developers can apply science that proves or disproves the theory that volume structure predicts directional price movement. It’s all interpretive. And just like stochastics, at some point, it will hit critical mass and these order flow indicators will be given away for free, or included in every major trading platform. But in the meantime, it appears to be the fashion of the day, with vendors galore selling what appears to be fancy looking Christmas lights.

Thanks for reading. I know this post is probably going to rankle a few folks. Plenty of people love these sorts of indicators, and plenty more love Don Vaello. But once again, this is just my opinion. Thanks for reading and don’t forget to leave a comment below.

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68 Comments on "Order Flow Analytics"

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Luiz Carlos
Guest
Luiz Carlos
Hi, I’m using a translator and there may be spelling errors. In Brazil, this technique, better known as “tape reading” is very widespread and “used” taxed as idiot the trader that uses graph and graph does not work. The courses cost on average $ 5000. I did several courses and studied for a year, and since the beginning of the year did not obitive results. Researching this operating style I found this site, which the author quite reflects my view on order flow. The sellers of this curriculum use a fairly appealing advertisement such as: stop losing money in the… Read more »
Carlos
Guest
Hey Emmet, Just started reading your reviews on order flow analysis. Found it pretty helpful. I’ve been looking into it as – like you said – it seems to be the latest fashion in technical indicators. I’ve been following some folks on Twitter and looking at price action during the day – specifically for crude – and it seems like these guys are using order flow and some are right on the money. Of course I’m not trading off that but I wanted to see how accurate they are. It could be coincidence or it could be a complication of… Read more »
Wedzi
Guest
JOhn B.
Guest

I am a customer of OFA this software is tool set it requires an understanding of market behaviour there is no substitute for this basic skill .

Tom
Guest
Have not been here in a while and so glad this review was done. Im a very technical guy and figured what DB figured out was how to program Market Replay DOM to look like a real account trading live. Market Replay would record the tape action during the recorded time period, then he could just go back and replay it, record the dopey setups, and show the sheep how wonderful his software is. To DB’s defense, he will record a loser once a week to show he is not invincible, what a guy. All his videos are released after… Read more »
nimitz
Guest

actually at exactly 5:00 Min you can see his account number… he is just trying to cover it up…if you go to his youtube channel you can see his account number on all of his videos…anyways i’ll take ofa over that garbage (b12 trader) on top of your screen anyday, anytime.

John
Guest

This guy is a joke, this is literally ridiculous. Who is out there to protect consumer rights who paid 5K to this guy????

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Jon
Guest

I remember watching DB’s trade videos last summer I believe and he mentioned that he made over $50,000 profit in a number of months and that he transferred it out from his trading account. I thought he was the real deal!

Robert S.
Guest
Getting back to the topic at hand, which is trading vendors, I just want to say that I respect the good work and thorough research that Emmett has done and therefore I understand his rationale. He has posted his opinions and here are mine. I am an OFA customer and have been pleased with the product. I have been following DB’s work for quite a while now (since 2012). To my understanding, DB initially developed OFA for himself which was apparently years before he made it available for sale to the public. I even remember early on when he did… Read more »
Gary
Guest

I have watched DB’s videos that show a real account number on the platform not sure how you could fake that and like Robert mentioned he always says when he is in sim. I highly respect DB and love the OFA tools, but for all that live on negativity when he teamed up with Chris(Chip)Cole and presented a bond course that was supposed to get you to the level to trade for Topstep. That was a scam, myself and a lot of other people lost a lot of money.

wedzi
Guest

I am a victim of this Snake oil Saleman and his Partner in crime George . I bought the legacy software for $6000 and the Ninja plugin . Never made a dime with the rubbish software. Cost me all in all more than $10,000. Do not defend these criminals who cannot trade to save their lives. Thanks Emmett for exposing these LIARS.

John P
Guest

Wedzi – Did you actually follow his advice and do the replay at end of day; practice each and every day; sit, watch and trade for at least 10K hours???? This on-going practice along with the OFA tools will help you trade better. I am guessing you answered no to the questions.

robert
Guest

I used to get emails from them asking if I wanted to ‘go ahead’. After I asked them for ANY evidence at all that D.B Vaello’s amazing daily trades were real- even in sim they stopped writing to me.

Then a few weeks later I asked if I could just watch in real time for one or 2 days: they never even replied..

Honestly I almost bought it, but just those 2 simple questions that I picked up from emmett saved me thousands. Thanks emmett!

Robert
Guest

I swear to God, I have learned more from Emmett’s website and made (saved) more money than I have anywhere else in all my years trying to trade the market. This website is Gold. Thanks Emmett.

Goagal
Guest
Emmett, with such a consistent winning record of on average $700/day it should be easy to verify Don’s product. Just tell him that you’ll follow his picks for a week, that you’ll buy his indicators with the proceeds and give him a good review. By his own claims, the proceeds should cover the cost of the indicators and then some (potentially tens of thousands of dollars), and a good review from you would bring him many new subscribers, so he should be very interested in this deal. That is, of course, if his product is real. If it’s not, then… Read more »
Gary
Guest

He doesn’t make picks and the OFA tools are not a system and I must say it will take a long time to know how to use them like DB

Rob B
Guest
See Goagal, we are in agreement. It is amazing how these vendors never have a losing trade, yet everyone that tries their products do nothing but lose money Emmett, this might be a mind field as bad as the Al Brooks review, as once folks realized the failure of lagging indicators they go to order flow. The daring among many. One trader I Skype with talks about iceberg orders all the time, but is yet to make a dime from it. But these vendors have to keep inventing stuff to keep scamming people. The funny thing as I tell people… Read more »
Pete
Guest

The lack of verifiable success stories trading order flow is reminiscent of price action scams, along with claims of profits, whether direct claims like this guy and wrbtrader or indirect claims made by that cultish palm reader. In 2017 Donald Trump and the CFTC are going to show no mercy in their investigations and prosecutions, according to my legal contacts in the industry.

rtchoke
Guest
Pete, I’m trying to figure out just where exactly you get your information. First out of thin air, you said it’s impossible to be successful at daytrading (no proof given and unless you’ve been trying to do that for a very long time, how do you draw that conclusion); Then you referred to some anonymous trader who uses a 500 tick stop on some non-defined pattern as if that was a profitable thing to do (and what was the purpose of that – it certainly didn’t add to anyone’s ability or knowledge about trading). Now you offer this tidbit on… Read more »
Stray Dog
Guest

“Pete, I’m trying to figure out just where exactly you get your information. First out of thin air,”

No, no not out of thin air rtchoke. Look closely as Pete bends over and reaches around. Now you can see where he pulls his information from.

rtchoke
Guest

Damn, I forgot to look there . . .

Cyn
Guest

You cannot see that. His head is up in it.

Pete
Guest

Trump ran with a plan of restoring national sovereignty and restoring law and order. The logical first swamp to drain is the trading educational businesses and trading vendors. .

Rob B
Guest

How can one even respond to such a post. Is this some type of satire that I am not familiar with?

Obvious Trump will go after trading room operators before protecting our men and women in blue who are being gunned down in cold blood.

Cyn
Guest

What about all the unarmed civilians, some already restrained, that the men in blue are gunning down, often because they had the temerity to be born black? I do not condone murder from anybody, but it is especially egregious when it comes from sadistic, control freaks, to whom the government has issued the guns.

Rob B
Guest
Cyn
Guest
First of all I did not say that only blacks got shot. That would be ridiculous. However, there are so many obvious cases where a man was shot because he was black, by any objective criterion. When a man is being held down by 2 officers, and one reaches for his gun and kills the man being held down, the reason can only be surmised, but seems hard to decide that it has nothing to do with race. (That one was in the news not long ago, and captured on tape. The shooter is still free to kill other people,… Read more »
Rob B
Guest
I agree no one should be wrongfully shot, but there are around 1 Million Policy officers and you are making blanket statements about all of them based on a few, very small, incidents. And what has happened, as police back the number of murders is going up. So now more murders. Great!!!! And I can bet you the people who complain about cops are the 1st one to call them to come protect them when something happens. This is not a race issue IMO. Heck in the Freddie Gray case 1/2 the defendents were black. And there has been incidence… Read more »
Cyn
Guest
I agree with everything that you have said in this post. My initial response was just pointing out that you had mentioned only one side of the issue. So far, I would venture to say that in the majority of cases where cops were murdered, it was in revenge for another unarmed person who got killed by police. I think that the so-called vengeance is misguided, especially as it is other police who get killed rather than the specific blue-uniformed murderer. Nevertheless, we must mention both sides of the issue. I am pretty sure that if the police did not… Read more »
Rob B
Guest

I hate to deviate so far off the thread, but that comment is outragious.

There are more whites shot by police. And there are a small very small % of improper shooting.

But I suggestion you get off your butt and go out on patrol with the police in gang ridden inner cities, where they will are shooting young kids and have zero respect for law officers or anyone and then come back and report your experience.

Cyn
Guest
To be very clear, it does not matter the color of those unarmed civilians being gunned down by the police. Nobody deserves to be murdered by government issued arms in the hands of psychopaths who are in uniform. I only mentioned the “black” because it is the murder of blacks that often gets shown on tv. Very few unjustified shootings of whites are ever publicized. Does that mean that it is not happening? Of course not. It happens. And it is just as reprehensible. I apologize for misdirecting my comment, by using a subsidiary clause, mentioning race, as an aside.… Read more »
Sam Watson
Guest

Poor Pete, Al Brooks has done a number on him. He’s suffering from Post-Traumatic-Stock-Disorder :-p

Cyn
Guest

Nice one!

Rob B
Guest

LOL – Now that is on the mark.

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