Iceberg order finding program

Discussion in 'Trading Software' started by kobi, Feb 24, 2015.

  1. kobi

    kobi

    Does anybody know program like madscan or trade ideas which find iceberg levels on charts?

    Thank you in advance !
     
  2. 2rosy

    2rosy

    about 5+ years ago this was possible by just looking at size and last trade.
     
  3. xandman

    xandman

    People who use market profile claim to see this stuff.
     
  4. What happens in nowadays?
    Does it not work?
     
    Last edited: Mar 1, 2015
  5. harami

    harami

    Jigsaw Trading's Summary Tape can identify iceberg orders and plot their location directly on the chart, as well as triggering an audio alert when they happen. You can see it in action here:

     
  6. K-Pia

    K-Pia

    The problem, knowing the returns of these funds and the cost of mining their icebergs, is that you will end flat, if not losing money.
     
  7. dealmaker

    dealmaker

    Iceberg orders now are usually OTC....