medium · Order Flow Analysis order-book-dom

How does an 'Iceberg' order typically manifest in the footprint chart?

  1. A sudden 'air pocket' forms where price skips clean over several ticks on zero volume.
  2. A series of stacked buying or selling imbalances spanning five or more consecutive ticks.
  3. Anomalously high volume at a single price level where the bid or offer keeps 'refreshing'.
  4. Just a single lone print of 1 contract sitting up at the session high.

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