Visualizing Session Buy and Sell Order Counts as Histograms
Summary
The Session Buy Sell Orders indicator displays two session-level order-count series: the current total of buy orders and the current total of sell orders for a symbol. It draws them as separate histograms using two buffers. This presents the two sides of the reported order counts in a visual format that can be compared over the session.
The description explains the plotted data and drawing style, but it does not specify the data source beyond the platform’s session order properties, how counts are aggregated or updated, or how a trader should interpret changes. It gives no entry or exit rules, market examples, backtest, or evidence that order-count differences predict price moves. The histogram can therefore serve as a display of session order statistics, but the document alone does not support treating it as a standalone trading signal or as a complete measure of market liquidity.
Key ideas
- The indicator displays current session buy-order and sell-order totals for a symbol.
- It plots the two series as separate histograms using two buffers.
- The description does not provide interpretation rules or trading signals.
- No performance evidence or details about the underlying data aggregation are given.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.