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Nielsen indicator codes

There are 7 different codes used when adding the Nielsen indicator to a chart in PhoenixAI.

[SYMBOL]_SU.KNS

Represents the Smart Money

For detailed description on "Smart Money", quantity ratios and number of orders ratios. Please refer to the book "Follow the Smart Money" by Keith Nielsen.

[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.

Other Nielsen Indicator pages:

Adding the Nielsen indicator to a chart in PhoenixAI

Scanning for the Nielsen indicator with PhoenixAI