The market has been more efficient the last couple of weeks as the bulls and volatility shorts seemed to have regained control of the market. An efficient market can be more difficult to day trade as we have not seen as many order book signals. Today, they started to show up again as the market has been up 6 of the last 7 days.
On March 18, 2019, there were opportunities to short early and go long in the afternoon. The purple pulses represent selling and came in advance of the early dip while the blue pulses represent buying and came in advance of the small afternoon advance.
The video also shows a new and additional indicator which is the Market Depth Cumulative and Market Depth Cumulative Difference. It keeps track of the total bids and offers and the difference based on a closed bar basis.