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Date/Time: Thu, 28 Nov 2024 10:57:59 +0000



Post From: Orders per second

[2016-03-12 07:52:24]
i960 - Posts: 360
If you can access the order book structures from a custom study you could probably approximate this based on the sample rate the study is being run (chart update frequency most likely). Personally I think the orders hitting the book isn't necessarily going to predict a turning point. It doesn't account for hidden liquidity which is a large amount of liquidity and it's basically a pseudo measurement of potential liquidity and not actual trades. Volume and trades themselves tell you what you need to know, not potential orders.