Pace of Tape

Pace of Tape (PoT) indicator with a detachable meter widget.

PoT measure the intensity of the trades. The Pace of Tape study tracks the rate at which orders are being filled and can be used to identify when trading is being conducted with greater speed. (Euphoria)

Sudden increases in trading activity can be seen and responded to quickly, whether that is waiting for order entry criteria to be met or to help with trade management.

The Indicator has a detached power meter widget which shows the pace and the average. The widget adapts to the changing conditions and recalibrates itself to always present visible clues. The widget also has a smoothing feature to filter extreme noise. 

For the documentation, problem reports and recommendations please use the add-on’s wiki page.

Disclaimer

This product / software tool is developed by Zoltan Csoka, an independent person / entity that is in no manner affiliated with Bookmap Ltd. or any of its affiliates. Bookmap Ltd. and its affiliates do not endorse, recommend or approve Zoltan Csoka, or any of its products or trading software tool. No offer or solicitation to buy or sell securities, securities derivatives or futures products of any kind, or any type of trading or investment advice, recommendation or strategy, is made, given or in any manner endorsed by Bookmap Ltd. or any of its affiliates, and no specific trading recommendation or advice is or will be given to any individual by or through the Zoltan Csoka’s products or software tools. All descriptions of Zoltan Csoka’s products / software tools and the indication or strategies they are designed to run are provided by Zoltan Csoka and not by Bookmap Ltd. or any of its affiliates. Customers interested in learning more about, or investigating the quality of, any such product must contact Zoltan Csoka – no person employed by, or associated with Bookmap Ltd. or any of its affiliates is authorized to provide any information about any such product.