TradeFinder for Bookmap

Imbalance Zero-Cross Signals

The Zero-Cross Signal alerts traders to an impending order book imbalance flip.

The Orderbook Imbalance is calculated by the difference between the number of quotes on the bid side and the ask side of the order book, divided by their total. Once this relation switches from Bid to Ask or vice verca and crosses the baseline (0%), the Zero-Cross signal is being displayed on chart.

Orderbook Imbalance in TradeFinder

Zero Cross Signal
The Zero-Cross Signal is displayed once the baseline is crossed. To reduce signal output in volatile markets a certain threshold after crossing baseline needs to be reached.