easy · Order Flow Analysis footprint-delta

Which data element is used to determine if a trade is 'aggressive' or 'passive' for the purposes of a footprint chart?

  1. The time of day the order was originally placed in the limit order book.
  2. The size of the individual contract lot relative to the average trade size.
  3. The total volume traded at that specific price during the daily session.
  4. The trade aggressor flag provided by the exchange matching engine.

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