Chrome-Stats extension
Bybit Level II Order Detector
This tool makes reading the tape much easier by changing the color of large orders
What is Bybit Level II Order Detector?
Stats
Chrome-Stats Rank
Other platforms
Summary
Reading the tape can be quite challenging especially with crypto exchanges as there is more automated trading involved but this extension makes it easier by calculating a sum of the last 70 orders and then divide it by 35 then whatever order that is larger than the so-said calculations will be highlighted in the recent trades window and it works, no matter how fast the tape is printing. This function has been around in stock trading platforms such as ThinkorSwim and TD Ameritrade, but no crypto exchange has this functionality. So this tool will surely enhance your technical analysis.
Safety
Risk impact
Bybit Level II Order Detector is relatively safe to use as it requires very minimum permissions.
Risk likelihood
Bybit Level II Order Detector has earned a fairly good reputation and likely can be trusted.
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