Edge Level is an implementation of MarketDelta Edge Zone ™ Levels (also referred to as EZ ™ Levels). This indicator identifies price levels where large traders are buying or selling by combining a user-defined bid/ask imbalance percentage difference with a minimum volume threshold between the bid and ask levels.
By combining the identification of the price level with the EmojiZone Dynamic Support/Resistance display, an enhanced version of the MarketDelta implementation is achieved that tracks how this price level acts as support or resistance.
Edge Level may be licensed for Sierra Chart on a Lifetime, 1-month or 3-month basis, or as part of the complete Emoji Trading Order Flow Suite. Licences include all indicator updates and enhancements during the license period.