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


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 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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