This indicator is used to process raw order flow data. Its settings are flexible and will allow you detect various algorithms used to load/unload positions for big market players.
Here are a few things Tape Pattens will enable you to do:
- You will be able to detect max and min volume in the currentprints chain
- You will be able to use this volume to filter;
- You will be able to see time in milliseconds between the desired prints
- You will see the number of ticks in range;
- You will be able to detect trade side (buy/sell).
All the above data is processed and displayed on your chart.
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