The mission of the Speed Print tool is to track the increase in the rate of market orders across all feeds and report who is now exceeding the averages. It monitors all pairs and reports the exceeding average number of orders.
Tics or prints are deals. They end up in the feed. You can determine the participants’ general interest in an asset by the speed of the ribbon. The Speed Print search tool counts the tape speed (number of ticks per minute) and displays these values in the form of a table.
Now let’s get acquainted with the description of the windows and the tool settings.
Speed Print consists of a table and a bar graph. You can see the structure of the window in the following picture.
In the tool settings, you can add or hide columns to be displayed in the table:
The data in the table can be filtered through the Filter button. There are filters “From” and “To” for numerical indicators.
Clicking on the Unified ticker name in the table additionally opens a graph. By default, the speed histogram will be opened.
The following histograms are available for change:
Alternatively, you can also see the delta chart by volume by clicking on the appropriate button in the chart header.
Speed Print notifies us when an asset with an abnormal transaction rate is found. Let’s see how to analyze this in real life.
The cluster chart below shows sellers starting to shed volume and take apart the buyer limit (red histograms).
At this time Speed Print shows a sharp increase in the number of overspeed transactions. This indicates abnormal activity appearing.
There was a 1.5% drop after sellers broke the buy limit bid.
Considering that Speed Print is a scalper tool, therefore, this percentage is a good result for a scalp.
Speed Print can be used in any market because it shows whenever there is an abnormal activity for a coin, whether the market is rising or falling.
You can find more information in the second level of our online university or take advantage of our mentoring serviceand better understand the Speed Print tool on your own with our trusted author Resonance.
For the successful work of a trader, it is necessary to evaluate volumes. We have created a Market Stat tool that aggregates data from all exchanges and visualizes volumes, delta, and market balance to assess liquidity.
How is it possible to find a larger-than-usual limit among hundreds or thousands of pairs? It is physically impossible for a human to do that. That is why we have created an algorithm that makes it possible since it has "all the moves written down".
FTT is so useful for working in the market that at some point a trader may call it the grail. We recommend that you study the tool and understand its usefulness in order to use the FTT for its intended purpose.