Open Source Apache 2.0 License (Give credit where credit is due.)
This is about as close as you can get to a big trades indicator inside Tradovate’s custom indicator sandbox, because Tradovate does not expose the time & sales tape to custom indicators which is needed to make a true order flow big trades detector soo I built a synthetic one instead.
This is how it works…
→ The indicator continuously caches live volume-at-price snapshots, compares each new update against the last cached state, and uses sudden volume jumps at each tick to infer aggressive trade bursts above the selected threshold hence the “Inference” part of the “Inference + Backfill” scanner mode.
Another way to look at it is it tracks how volume changes in real time, then “captures” likely big trades by detecting the volume burst that appeared between live volume updates. For example if a live profile update or tick movement moved price with 170 volume the algorithm “catches” that instant big volume movement and draws a bubble to mark the WHALE.
Check out the forum in the Order Flow Hub discord server for a more detailed guide and explanations on the features and UI buttons. You can click on my profile for the invite link.
