I am interested in having an indicator/widget made for Bookmap API which shows the cumulative amount of liquidity added to the bid and offer (1 price level) over time (ignoring minus pulling values). This is so that I can measure the aggressiveness of limit orders added in the book.
I have a couple of ideas for this and am open to discussion about the right option depending on the complexity/ ease of completion and efficacy.
1) Cumulative chart similar to Cumulative Delta which shows liquidity added (stacking) on bid/offer
2) Power bar which shows liquidity added for x amount of chosen time eg 1 minute and 3 minutes
My initial instinct is that the 1) delta style option would be best as this would show me both stacking through time and at price but open to thoughts and suggestions.
Please let me know if you think this is something you may be able to complete and what a likely quotation for this would be.
7 freelanceria on tarjonnut keskimäärin $736 tähän työhön
I am a trading tools developer. with the API, I can connect to the trading platform with a python script to give the output based on your requirements. Chat me up now to get started