easy · Order Flow Analysis order-book-dom
How does 'Slippage' typically relate to a high-volume COT level?
- The COT is actually the price level where slippage is calculated for the entire bar.
- Slippage only happens at the extremes of the bar, never at the COT.
- Slippage is highest at the COT because that is where the most people are trading.
- The COT often represents a 'High-Liquidity Node' where large orders can be filled with minimal market impact.
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