Thxs alot. I like indicators that give straight info that is otherwise hard to see (like Vwap and POC etc.). I also look at the DOM alot and suspect this visual translation will prove helpful in learning to read various situations better.
Nice work and thank you! I'm trying this out now on replay mode.
Thanks again for this tool. It's interesting to be able to view how the buyers/sellers order relationship changes at certain points.
I ran across a site you might find interesting that is doing some work with order book analysis: tradingphysics.net. They have some interesting oscillators based on level 2 data & claim to have achieved quite a high success rate with them. (i have no association with them)
I have a small request if its not too much trouble. For me it's a little bit counter-intuitive that the Total Buy line goes down when there are more buyers and the Total Sell line goes up when there are more sellers. Any chance you would want to add an option to flip them so that the Total Buy line goes up when there are more buyers and the Total Sell line goes down when there are more sellers? I hate asking for people to do stuff for free, especially when they just donated free software, so if you want to give me your Paypal address I'll be happy to send you a donation as thanks.
i cannot see any data associated with this indicator?