In this video I was able to capture a great example of what an iceberg order at a high volume level can look like…all in real time. It was the iceberg that was indeed creating and building this level and making it significant as more volume traded here, but nonetheless, watch how the market responds.
This is one of the chart patterns that the Footprint acts considerable value and can help provide and edge over other traders who are left in the dark to this kind of activity.
In this example the price ladder / DOM on the right is MarketDelta Trader and the program on the left is MarketDelta Charts. Trader can be used as a free data source for Charts and offers direct trading integration, chart trading, and more.