medium · Order Flow Analysis order-book-dom

What is the signature of an 'Iceberg Order' on a footprint chart?

1. A sudden price jump spanning 10 ticks that trades with essentially zero volume.
2. Three consecutive buying imbalances that print on unusually low overall volume.
3. Anomalously high volume at a price level where the bid/offer didn't seem to have much size.
4. A large resting sell order that is clearly visible in full to all participants in the LOB.

Sign up free to see the explanation and track your rank →