Software to analyse order book Level 2 market data
As I hinted in my video below, this is topic rarely covered. Even the words from a highly accomplished trader on my newsletter said:
really think is the most important way to assess the demand in the market.Keywords order flow, order book, etc…If you could see how these guys trade with the order flow then “backtesting” gets a completely different meaning…
I wish I had more time to study these but honestly, there is no need as I am quite confident Matlab has the features to be able to accomplish many of these. It is just getting it done is always the hard part.FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!