Support Board
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.
|