Stock ribbon (Times & Sales) and effective trade exchange
Stock ribbon (Times & Sales) and effective trade exchange The stock ribbon is a great help to the traders in trading, although many think that it is almost impossible to read the stock ribbon and the DOM (Depth Market Market) after a wide arrangement of the HFT algorithms on the market. But the fact is that most of the successful traders have the art of reading the stock tape. According to some traders, the graphs are a history because they are created in the stock line and the flow of incoming traffic in the DOM. The graphs cannot exist without the stock ribbon , but the stock tape will always exist without graphs. It should be noted that the information received from the stock tape and the DOM fills each other, although the two modules come in very different information. Fig. 1 - Limit orders layout DOM module In the DOM we have information about the possible intent of the traders. Bi...