medium · Order Flow Analysis order-book-dom

When detecting an 'Iceberg' order using a footprint chart, what is the primary visual clue?

  1. The complete absence of recorded volume at the session high for the instrument.
  2. A large, sustained buying imbalance stacked across ten consecutive price levels in a row.
  3. A sudden, sharp spike appearing on the separate cumulative delta chart plotted below the price panel.
  4. Anomalously high bid volume at a single price level that fails to result in a price decline.

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