And indicator that shows.. market depth

[sillykiddo]

Hi

anyone knows any indicator.. .
that will actually do the following

It collects multiple data sets from every trade on the NYSE on a tick by tick basis, providing us with a unique x-ray of the underlying market environment


I think combine with this indi with S/R / pivot we can do very well in futures market..

anyone knows any indi about this ?

thanks

 

[TheBramble]

Chek out Market Time.

 

[sillykiddo]

what is market Time?

 

[dcraig1]

Interesting and quite possibly useful idea, but you would have to process a huge number of real time events. A subset of stocks (SPX, DJIA ????) might be a more practical proposition on ordinary hardware.

 

[trendie]

isnt that what $TICK and $TRIN does?
(showing aggregate upticks and downticks from the underlying components of an Index??)

for example:
Trading Signals - TRIN & TICK Indicators

 

[dcraig1]

isnt that what $TICK and $TRIN does?
(showing aggregate upticks and downticks from the underlying components of an Index??)

for example:
Trading Signals - TRIN & TICK Indicators

I thought he was taking about Level II / Order book /market depth for all stocks.

 

[sillykiddo]

dcraig is correct but is it possible to get an indicator to see this data?