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Orderbook Imbalance Scorecard

Measures the relative strength of buy vs sell pressure in the L2 orderbook within 1% of the mid-price.

Signal Quality

PeriodAccuracySamplesSignificance
7d 64% 2,016 ✅ Significant
30d 62% 8,640 ✅ Significant
90d 61% 25,920 ✅ Significant

Calibration: Signal designed for 5m–1h horizons. Accuracy measured as hit rate when |imbalance| > 0.3 predicts next-bar direction.

Current Reading

Current Value
0.1128
alpha_imbalance_deep
Methodology Version
v2.1 (2025-12)
Current reading vs 30-day rolling distribution.

24h History

500 data points · alpha_imbalance_deep

Strengths & Weaknesses

✅ Strengths

  • Strong in trending markets
  • Good at detecting spoofing pressure
  • Fast update (sub-second)
Best regime: risk-on

⚠️ Weaknesses

  • Noisy in low-volume periods
  • Susceptible to spoofing
  • Less reliable for >4h horizons
Worst regime: neutral (low volume)

Methodology Changelog

DateVersionChange
2025-12 v2.1 Added deep-book levels (20→50) and volume weighting
2025-08 v2.0 Switched from simple ratio to depth-weighted imbalance
2025-03 v1.0 Initial launch with L2 orderbook 10-level depth

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