Introduction and NSD Instrument Codes

The Nielsen Supply / Demand Indicator monitors the market depth queue to give clues as to whether the buyers or sellers are taking control. The ratios created are then delivered to you as a graph so you can compare net buyer demand with price over various time periods.

Note: This indicator is an optional extra in PhoenixAI, for pricing information visit www.phoenixai.com.au and click on 'Plans', then click on 'Detailed plans price list'.

For detailed description on "Smart Money", quantity ratios and number of orders ratios

There are 6 different codes used when adding the Nielsen indicator to a chart in PhoenixAI.

[SYMBOL]_SU.KNS	Represents the Smart Money
[SYMBOL]_QU.KNS	This indicator shows you the ratio of number of shares in the bid queue to the number of shares in the ask queue. It looks at the whole market. (including the bids and asks that are way outside current market price)
[SYMBOL]_Q5.KNS	This indicator shows you the ratio of number of shares in the bid queue to the number of shares in the ask queue. It looks at only 5 levels from the current market price.
[SYMBOL]_Q8.KNS	This indicator shows you the ratio of number of shares in the bid queue to the number of shares in the ask queue. It looks at only 8 levels from the current market price.
[SYMBOL]_NU.KNS	This indicator shows you the ratio of number of BUYERS in the bid queue to the number of BUYERS in the ask queue. It looks at the whole market. (including the number of buyers that are way outside current market price)
[SYMBOL]_N5.KNS	This indicator shows you the ratio of number of BUYERS in the bid queue to the number of BUYERS in the ask queue. It looks at only 5 levels from the current market price.
[SYMBOL]_N8.KNS	This indicator shows you the ratio of number of BUYERS in the bid queue to the number of BUYERS in the ask queue. It looks at only 8 levels from the current market price.