The Liquidity Indicator monitors the Bitcoin/Dollar order book on a pre-configured exchange in real-time. By analyzing and normalizing order book data, it detects unusual spikes in buying or selling liquidity.
Once these peaks are identified on both the bid and ask sides, the "Bids' dominance" is calculated. This metric reflects the relative strength of buyers versus sellers.
The Reversal Indicator then uses this dominance score to assess the current market direction and potential for a price reversal.
