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Date/Time: Fri, 22 Nov 2024 21:47:44 +0000



Post From: Trade Intensity/Pace of Tape indicator for SierraChart?

[2021-04-20 18:58:59]
CoryW - Posts: 16
Thank you. Yes I believe it can present a very clear picture of absorption, even more than say a volume dot for big orders, as it captures many smaller orders submitted at once.

I find oftentimes if there is a big spike in volume per second/tape pace, then there is a pause in price action, it has a higher probability of reversing.
Date Time Of Last Edit: 2021-04-20 19:00:33