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Liquidity dominance of Buyers and Sellers for +-20 points around current price


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  #1 (permalink)
 andyprm70 
Columbus, NJ
 
Posts: 5 since May 2019
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Created an awesome concept which I was dreaming yesterday about. At t=0 if I have the visibility of Liquidity dominance of Buyers and Sellers for +-20 points around current price, will I be able to predict next 5 min price change direction? Could I assess the momentum strength at t=0 to predict +-10-15 ticks price change with highest probability? Created this. Looking for your comments and ideas.


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 DavidHP 
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andyprm70 View Post
Created an awesome concept which I was dreaming yesterday about. At t=0 if I have the visibility of Liquidity dominance of Buyers and Sellers for +-20 points around current price, will I be able to predict next 5 min price change direction? Could I assess the momentum strength at t=0 to predict +-10-15 ticks price change with highest probability? Created this. Looking for your comments and ideas.

It looks like a VWAP.
I think large traders use that.
I'm not sure how it would be different from that?


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  #3 (permalink)
 tukhoai 
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andyprm70 View Post
Created an awesome concept which I was dreaming yesterday about. At t=0 if I have the visibility of Liquidity dominance of Buyers and Sellers for +-20 points around current price, will I be able to predict next 5 min price change direction? Could I assess the momentum strength at t=0 to predict +-10-15 ticks price change with highest probability? Created this. Looking for your comments and ideas.

You might want to look into HMM (Hidden Markov Model) if you haven't. Btw, it'd be cool if you attached your file as markdown or plain text or simply directly in the post. I'm paranoid for opening docx and the likes from the interweb. Cheers. -tk.


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