Sat Nov 22 02:26:Contents, some time ago, I had a look at the seasonality of traded volume on Bitcoin exchanges, up until December 2013.
They are interesting because they signal the prevalent market and the bid and ask price that would be needed to get an order fulfilled.
As mentioned previously, all orders have a life cycle.The X-X-X order re-allocation pattern shown above is due to the environment in which game digimon battle pc the traders/agents are operating in and can be reproduced with some simple rules.The cumulative sum of the volume available at price levels above and below the market midprice corresponds to the level of liquidity available in the market.An order event may be one of Add, Modify, Delete.Now, suppose that an order to immediately buy 10 Bitcoin arrives.The y-axis shows the cumulative sum of volume available at each price level -5 from the current best bid/ask.In addition, the depth map shows the fluctuating liquidity as the order is continuously added and removed.The sawtooth pattern occurring below, on is quite interesting.
It could be argued that this strategy is following the price.
The top of the bid and ask sides of the book are known as the current best bid and ask.In this example, there is slightly more volume available on the ask side of the book than there is on the bid side (within -5 of the current best bid/ask).The first example, below, shows a 6 hour snapshot between 5pm and 11pm.Simply plotting the cancellations by volume shows obvious systematic activity (there are other dimensions, this is the most obvious to explore).The company was founded by a group of financial econometricians affiliated with.The bid side however new games pc software seems to exhibit a more regular pattern: the bid increases to some level in small steps, and then resets.The following visualisation shows 1 hour of limit order events on the 27th October.The white time series corresponds to the market midprice, which is defined as the average price between the current best bid and ask prices: (k.This may cause games my play city the first agent to re-position the order to 347.02, which in turn may cause the second agent to re-position even higher and so forth.