Order flow (tape reading) analysis panel for real-time monitoring of buyers and sellers behavior using valuable tools:
- initial volume and recent volume (customizable parameter) of market orders by price levels with percentage comparison;
- initial volume and recent volume (customizable parameter) of limit orders renewals (order book renewals) by price levels with percentage comparison;
- volume of fleeting orders with percentage comparison;
- speed and volume averages (customizable parameters) of market orders with percentage comparison;
- speed and volume averages (customizable parameters) of limit orders renewals with percentage comparison;
An integrated analysis of the panel's tools makes it easier to identify different moments in the market:
- continuation of trends;
- breaking of zones (momentum);
- absorptions;
- imminent reversals;
- changes in volume and speed.
It is an excellent tool to be used alone or with the support of other setups, mainly for intraday operations and scalping.
Attention!
The indicator does not work in the strategy tester.
The indicator only works in centralized markets, such as stock markets, futures, options, etc., as it depends directly on information from times and sales and the order book, which is why it will not work on Forex markets.
