Is there a way to play back L2 and TAS, like you can do in a chart on Tradeview?

Discussion in 'Trading' started by Max E., Jan 24, 2025.

  1. Max E.

    Max E.

    Simple question, other than recording your own screen, while you trade, and then watching at the end of day is there a way you can do a replay of L2 and TAS? Any software that can do that other than recording your own screen?

    Level 2/ Time and Sales
     
    Last edited: Jan 24, 2025
  2. s trader

    s trader

    Even watching the most exciting superbowl contest i can only watch it once. Why would you want to torture yourself by watching the most boring crap again after already tiring your eyes out earlier. Perhaps you are hoping to discover something interesting if you look long enough.
    Try https://www.tradingsim.com/
     
  3. Max E.

    Max E.

    Its not boring crap man i want to watch my own trades against a level 2 and time and sales, I dont care about the superbowl.
     
  4. qlai

    qlai

    Replay will never be quite the same, so screen capture is probably the best. I believe TOS has replay feature, but only top of books.
     
    TrailerParkTed and Max E. like this.
  5. ironchef

    ironchef

    What info can you get out of L2? Thanks.

    I never figured that out. I do get some useful signals out of tick by tick and tape but not L2.
     
    Max E. likes this.
  6. NoahA

    NoahA

    Sierra Charts does this well if you captured the data. I'm not sure if the L2 data can be downloaded for the times you weren't connected, but you can definitely replay whatever was saved while you were collecting it live.

    I should add though that if you use IB like I do (since I think your charts look like they are from TWS), their data isn't that great for anything related to L2 or T&S. If I needed that, I would pay for the Denali data from Sierra Charts which is excellent and has easily 100 levels I think for Bid and Ask, for futures at least. Since you trade stocks, I have no idea how good the IB data would be for this, but Sierra does for sure capture it and can play it back.
     
    Last edited: Jan 25, 2025
    Max E. likes this.
  7. Max E.

    Max E.

    Its less valuale then it used to be, but you can see when people are playing games on it since I used to do the same thing Good example was the premarket move on ALUR there was tones of people playing games on L2....... throw a bid up for tons of size with no intention of getting filled, then they suddenly drop every single big and the stock looks totally lliuid
     
    ironchef likes this.
  8. Max E.

    Max E.


    Well not as much as I used to be able to, because people keep using fake size, but you can see on a level 2 when a legitimate order is getting filled for like 50-100k shares at a certain level.


    So it shows where legitimate money is taking positions (as long as it fills and doesnt pull)
     
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  9. I played ALUR yesterday and the $2-$3 algo buying spikes make the LL2 less useful. Same with CREV $6 to $8 spike.
     
  10. Max E.

    Max E.

    Dude in order to get to the superbowl they have watched repeated perfoemances of their own move a million times, and you try to get better.
     
    #10     Jan 25, 2025