Buyers and Sellers - Who is in Charge?

MVP Shows HitBid and LiftAsk
MarketVolumePro indicates when Bids or Asks are in charge.

In simple terms, this picture and text are asking who's making the prices go up or down, the buyers or the sellers?

MarketVolumePro is a tool that looks at the actions of traders who are actively buying or selling at the going market price—those are called aggressors because they're making immediate moves that change the amount available for everyone else.

When these aggressors buy, they 'hit the offer' and we often see prices climb. When they sell, they 'hit the bid' and usually, prices fall.

The tool has a couple of ways to show who's leading the charge:

  • On the chart (that's the X-Axis), with lines that go up and down (hitBid or liftAsk curves).
  • With numbers that spell out what's happening in a special part of the display (Bookmap widget section).

It's key to remember that MarketVolumePro should be used alongside other tools that track how orders are flowing in the market. Why? Because it gives clear info about the orders and who's making them, which is super helpful. It's like having an inside scoop that can be mixed with different trading tactics for a smarter approach to buying and selling.