03/07/2023

Speed Print – a tool for finding speed limits

tools

What is Speed Print useful for

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.

Table settings

Speed Print consists of a table and a bar graph. You can see the structure of the window in the following picture.

speed-print-window-structure-en

In the tool settings, you can add or hide columns to be displayed in the table:

  • Exchange where the accumulation was found
  • Unified ticker
  • Speed – number of deals in the last closed bar
  • Average speed – the average number of orders per minute within the average range
  • The coefficient indicates how great the difference between the current number of deals per minute and the average number of orders per minute is
  • Last quote price
  • Time when the speed exceeding was detected

The data in the table can be filtered through the Filter button. There are filters “From” and “To” for numerical indicators.

Graph settings

Clicking on the Unified ticker name in the table additionally opens a graph. By default, the speed histogram will be opened.

speed-histogram-speed-print-en

The following histograms are available for change:

  1. Speed
  2. Average Speed
  3. Coefficient
  4. Average ratio

Alternatively, you can also see the delta chart by volume by clicking on the appropriate button in the chart header.

delta-speed-print-en

How to use the tool

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.

speed-print-example-1

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.

cluster-chart-growth

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.

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