I hope this note finds everyone doing well and feeling rested after the holidays. One of the reasons that I joined this community is to hopefully learn some as well as give some. In this instance I hope to learn something as I'm not a programmer. Please forgive my lack of understanding with regard to some of these "great" and thoughtful indicators.
I use the order book and order flow in my ES trading. Inline with a "Jigsaw" type of mentality. I'm not a scalper more of a position day trader. I use this information in conjunction with other chart indicators to confirm trend changes. I believe that I understand the total depth over "N" levels part as simply being an aggregate instantaneous total of the level II order book as displayed with the numerical read out. I can also see that the color bar seems to represent these changes as well.
First question, at times the green bar goes full scale right and at other times it leaves some space remaining that is colored white. What is the purpose and how would I use this information?
Second question, I have always found that a comparison to a mean (think standard deviation) to be more meaningful. By this I'm implying that its the change or rate of change that has signaling potential not just totals. VVHG have you ever considered adapting this exact indicator to function in this fashion. Especially where the measurement periods can be adjusted to accommodate different markets etc...
Last question, I read where another person asked about having this indicator also showing the BID/ASK or the difference between in a similar fashion. Have you aver considered this with the above mentioned twist of having it also reference a mean?
These indicators would work very well with the trade aggregator and pressure bars. Really great work!!!