TradeFinder for Bookmap

Iceberg Volume Profile (IVP)

The IVP accumulates traded Iceberg Volume per price level depending on the user’s zoom factor on the chart to display Iceberg activity in a manner similar to the Market Volume Profile.

Example

Iceberg Volume Profile in TradeFinder
Depending on a user’s zoom factor, the IVP accumulates traded Iceberg Order volumes on chart per price level. Iceberg Order accumulation could indicate important price levels. Zooming into the IVP, the traded lot size is shown.

Settings

IVP settings
Settings of IVP in TTW-IcebergDetector module
Enable Checkbox
Enable the checkbox to enable the plot on the trading chart.
Position / Size
Change the tool’s position and size by adjusting the sliding gauges.
Volume Filter
Only price levels which have a higher volume than the Volume Filter are displayed on chart. In this example: Only price levels with a Iceberg Order volume of higher 200 are displayed.