Indicator based on the Level 2?



Hello, is there an indicator that transfers the information from level II? I am looking for an indicator to help me complement the av volume to confirm the strength or intention of the movement
Prison Mike

Prison Mike


Was wondering if it’s possible to pull data from level 2 and use it in a study?

Although I trade options I have been reading a lot about accumulation/distribution levels in forex. The idea would be to find market makers intent through level 2 data.

For instance, within a zone/level/consolidation study L2 would be aggregated to find if MM are buying/selling, so the trader will know which way the MM want to drive the price.

If I’m over complicating or there is a simpler solution/indicator it let me know.


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