TPace Indicator

NOTE: The Pace of Trade indicator is designed to measure the speed of trades, reflecting the pace of activity on the trading floor. While we no longer have physical trading floors in today's markets, we have something similar that lets us look into the data. Many believe that price is the ultimate leading indicator, but in reality, price doesn't change randomly; it moves according to supply and demand dynamics. The Pace of Trade indicator tracks the velocity of trades, showing how quickly buy orders are being executed and how fast sell orders are being lifted.

Example 1: GTLB - daily

Example 2: NVDA - daily