Pulling and Stacking Indicator Similar to Jigsaw

Jan

Well-known member
Joined
Apr 2, 2021
Posts
61
Likes
41
It would be nice to have an indicator that shows the amount of pulling or stacking in the limit order book up to a certain definable number of levels. (see picture)

There is A LOT of information in the order book and in its changes across time. Right now only TWO indicators in Motiewave are order book related (The Order Heatmap study and DOM Power study). Think about it. Price is just one of many levels in the order book, so the order book itself contains a multiple of the amount of information compared to price itself. Yet there are almost no tools in Motivewave to analyze it.

Pulling and stacking in the order book is a simple measure of increasing / decreasing pressure for price to move to the upside or downside.

Screenshot-2021-08-24-102035.png
 
Last edited:

MidKnight

Member
Joined
Aug 3, 2023
Posts
9
Likes
3
Super useful - this will be the ONLY thing I will miss if I leave Jigsaw to become a full Motivewave user. Pulling/stacking in the DOM is too fast to measure the "trend" of this behaviour. For me, it needs to be drawn between a low timeframe fast chart.
 

TSI2029

Member
Joined
Jun 26, 2023
Posts
7
Likes
0
Anyone hit up Support with this yet? I was just learning Jigsaw when I came across MotiveWave. I really would like to see pulling and stacking available.
 
Top