The panel
Quotes on top and the tape below, running right beside the chart.
The tape · NinjaTrader 8
Screenshot of the tool running.
Every trade, one by one, without leaving the chart.
The tape is the rawest data there is: every trade with its time, price and size. This one lives in a panel attached to the chart, filters out the small stuff and highlights whatever genuinely stands out.
On the chart, not in another window
A side panel with the tape running. No splitting your screen between the chart and a separate window.
The big ones, marked
Five size thresholds. A trade twice the size of the rest is obvious at a glance instead of slipping past among a hundred identical lines.
Pressure in two windows
A dashboard sums up the buy/sell split of the moment and of the recent stretch, with the pace in trades and contracts per second.
A block, highlighted
A 50-contract trade marked in red among the ordinary ones, which carry a bar sized to their volume.
Pressure and pace
Bid and ask of the moment, the split as a bar, the pace in trades and contracts per second, plus session delta.
What each term means
The names the indicator uses, and what each one means.
- Tape. The list of executed trades, in order.
- Block trade. A trade far larger than the usual size.
- Bid / Ask. The best buying and selling price.
- Pace. Trades per second and contracts per second.
- Session delta. The running difference between buying and selling aggression.