hard · Order Flow Analysis footprint-delta
In a 5-minute footprint bar for Crude Oil (CL), you see the following diagonal comparison: Bid volume at 72.15 is 290 and Ask volume at 72.16 is 25.
What is the diagonal ratio, and does it constitute a 300% imbalance?
- The ratio is 11.6:1, signifying a strong selling imbalance.
- The ratio is 0.086:1, signifying a buying imbalance.
- The ratio is 1.16:1, a reading generally deemed neutral flow.
- The ratio is 3.0:1, which exactly meets the minimum threshold set.
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