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Trade Detector V2 Free
Functionality: Transaction Detection: TradeDetectorV2’s core function is to identify and display major transactions within a very short timeframe at specific price levels. It particularly focuses on limit orders where large volumes are traded at the same price. It classifies the magnitude of these transactions using three different volume thresholds (500, 1000, and 1500(customizable)). It is recommended when switching from Minis to Micros to increase the volume threshold Visual Signals: When a significant transaction is detected, the indicator visually marks this event on the chart with: Dots: Colored green for bullish transactions (buying) and purple for bearish ones (selling). Lines: These extend from the transaction price to the current median…