Definition
#Measures how the number of aggressive sell executions in the current rolling window compares with the historical average sell execution count.
Formula & calculation
#(Current Sell Trade Count / Historical Avg Sell Trade Count) × 100Units & range
%.
Interpretation
#Higher values indicate more sell-side executions are appearing than usual.
Practical usage
#Useful for identifying unusually active sell-side participation.
Common mistakes
#Frequent interpretation traps and misuse patterns to avoid when applying this metric.
- Ignoring whether increased sell count is matched by increased sell size.
Timeframe note
#This metric applies to rolling windows such as 5m, 15m, and 60m. The underlying definition stays the same; what changes is the time horizon used to measure it. Shorter windows react faster, while longer windows smooth noise and emphasize broader structure.
5m
Faster response to fresh changes in activity and short-horizon structure.
15m
Balanced view between responsiveness and persistence.
60m
Broader context that is slower but more stable.