Indicator states

The indicator does not present dead or unseeded output as signal. This is state display, not data filtering: the engine keeps reading the raw stream, and the display says what state the data is in.

Warming up

The indicator comes up in stages, so you are not left waiting on a blank panel. With the default settings (5-minute primary window, 5× lookback):

Provisional readings are estimates. Until a band has its full lookback it rests on few independent samples and tends to be too narrow, so early σ values read high. They are marked so you can tell: a ~ before the value (5m ~+2.1σ), a muted badge colour in the console, and a dashed band on the chart (grey by default; its colour is the band's "(provisional)" entry on the Colors tab), which is drawn dotted in its own colour once it is fully seeded. From the first trade or order book change after the study starts (or after its warm-up starts again), until one full window has been seen, the lines are drawn grey, at zero, in the middle of the panel; they then step up to their readings. The first provisional band is drawn rising from the zero line over one bar. Provisional readings never trigger alerts.

Before the first stage the console shows progress: WARMING UP 12% - 25 min band. Each window warms independently, so the ladder fills in from left to right.

Ways to shorten the wait

• The indicator warms from live data. It measures the order book from the moment you add it and does not fill in the history already on the chart. A second chart of the same instrument warms up on its own.
• Leave the platform running. The indicator loads with the platform and warms while you do something else.
• Most setting changes do not restart the warm-up. Clicking Update keeps the flow engine running. It starts over if Level Depth or Count Levels Entering The Depth changes, if the study is removed and added again, when MotiveWave restarts, when Replay Mode is turned off, or if the data's clock jumps back by more than 5 seconds or forward by more than 50 minutes. Changing the S/R Lookback Multiplier re-warms the bands over the new lookback, and changing Buy / Sell Lines re-warms the Buy / Sell band, without touching the flow lines; the console tile then starts again at WARMING UP 0% until each window's band has warmed again.
• A shorter Primary Window or S/R Lookback Multiplier warms faster, but changes what the readings mean; see calibrating the parameters.

Stale

A data stream that stops without notice can look like "flow went quiet", which reads as information when it is an outage. If no events arrive for the configured number of seconds (default 30):

• the bar being drawn turns grey, and so does the line leading into it (earlier bars keep their colour); if events come back while that bar is still being drawn it takes its colour again, otherwise it stays grey,
• the tile headline turns orange: STALE - no events since 09:41:07,
• the ladder shows --,
• alerts are suppressed until events resume.

Waiting for order book data

WAITING FOR ORDER BOOK DATA means the instrument has not delivered a single depth event yet: no depth subscription, or a market that has not opened.

• After 15 seconds without order book data, the tile's state line adds No Level II depth received.
• After 60 seconds with no market data at all, it reads No market data received. Check the data connection, and that the instrument is trading. instead.

Order book data stopped

If trades keep arriving but the order book has not changed for the stale timeout (30 seconds by default), the tile shows, in orange, ! ORDER BOOK DATA STOPPED - trades are arriving but the book is not updating, so Passive Flow is frozen. Check the Level II feed; alerts are paused. The bar being drawn turns grey, and alerts and arrows pause until the order book updates again. The tile's readings keep their colours meanwhile; only their Aggressive Flow part still moves, so read them as frozen until the warning clears. The stale timeout is the Stale After (Seconds) setting. Set very low (for example 1 second), one quiet second is enough: this warning can flash for a moment while the order book is in fact live, and STALE can come and go between trades. Keep it at 10 seconds or more. The tile's state line also says when no depth arrives at all (see above); MotiveWave's DOM for the instrument should show price levels changing as the market moves. Right after the licence becomes active again (for example after you release this computer and activate it again), the indicator reads the order book afresh and does not show this warning while it does; the warm-up carries on (see release this computer). A book that really stops still shows it.

Paused

PAUSED means the indicator is not producing output on this computer, and it draws nothing: the bars of the paused minutes stay empty (no line, not even at zero), and the lines are not joined across them afterwards. The last bar drawn before the pause keeps its colour: a pause is not shown as stale. The study's name on the chart stays the same (MotiveWave does not redraw a study's name when it changes), so look at the tile or MotiveWave's log for the state. The text after it says why:

The same message, in full, is in Global notifications. checking your licence shows on the tile while an activation waits for its answer, often only for a moment; the tile's log writes a new reason only once it has lasted 10 seconds. Once the licence is active again the tile goes back to its reading, without a STALE in between. After a pause, a band is armed again, so a reading still beyond its alert threshold alerts once more (see notifications).

Replay

REPLAY - not supported, use live data means MotiveWave's Replay Mode is on. MotiveWave's Replay Mode does not replay the order book, so the indicator pauses: the tile shows this line with grey badges, and the indicator draws, marks and alerts nothing. The bars from where the replay starts are blank; the bars before it keep their lines. The study's name on the chart stays the same. MotiveWave's log gets one line when Replay Mode goes on and one when it goes off. When Replay Mode is off, the tile starts again at WARMING UP 0% (on a quiet feed, WAITING FOR ORDER BOOK DATA until the first event) and the indicator starts its warm-up again (see warming up); no line joins the readings from before the replay to the new warm-up. If a chart stays frozen after leaving Replay Mode, restart MotiveWave.

Next: notifications