Some software I've trialled shows a ratio of the new volume added to the depth in the last x minutes (where x = 1-30 minutes). It's a reliable way to find turning points for fast moving spec stocks. Volume sitting in the depth which was added > x minutes ago is not counted.

One would query only the top 3 lines of depth (bid and ask), and sum how much new volume has been added on each side in the time frame chosen. Then represent that as a ratio.

eg. 5 min NewVol ratio = 2:1 would tend to be very bullish for the next 5 minutes of trading

15 min NewVol ratio = 1:2 would tend to be very bearish for the next 15 minutes of trading

Thanks for all your fantastic work. Best software ever!

[edit] - might even work better as an alert type. Similar to % move in last x minutes.

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## MTG

Jerry,

Some software I've trialled shows a ratio of the new volume added to the depth in the last x minutes (where x = 1-30 minutes). It's a reliable way to find turning points for fast moving spec stocks. Volume sitting in the depth which was added > x minutes ago is not counted.

One would query only the top 3 lines of depth (bid and ask), and sum how much new volume has been added on each side in the time frame chosen. Then represent that as a ratio.

eg. 5 min NewVol ratio = 2:1 would tend to be very bullish for the next 5 minutes of trading

15 min NewVol ratio = 1:2 would tend to be very bearish for the next 15 minutes of trading

Thanks for all your fantastic work. Best software ever!

[edit] - might even work better as an alert type. Similar to % move in last x minutes.

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