RT Scalper: Reading Changes in Trades and Order-Book Depth
Summary
RT Scalper is described as a real-time indicator for scalping instruments traded on FORTS. It plots market changes as percentages using three lines: changes in buy and sell deals, changes in buy and sell order volume in the depth of market, and changes in the total count of buy and sell orders. Its information fields also show the largest current order-book volumes and their locations.
A sensitivity parameter adjusts the deals indicator and is meant to be calibrated separately for each instrument. The description explains the displayed components but does not specify entry or exit rules, provide performance evidence, or discuss how the signals behave under different liquidity conditions. It should therefore be understood as an indicator overview rather than a complete or validated scalping strategy.
Key ideas
- The indicator displays percentage changes in executed buy and sell deals.
- Separate lines track changes in order volume and order counts in market depth.
- Additional fields identify the largest current depth volumes and their positions.
- The deals indicator has a sensitivity setting that should be adjusted for each instrument.
- The description provides no tested trading rules or performance results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.