Hey all, here's my algorithm based on finding the difference between buy and sell order volume, and investing based on that. The assumption is if buy orders go up, then demand for the stock is going up and therefore price should increase.
I would greatly appreciate some feedback on my algorithm and/or investing strategy. I haven't implemented a pipeline yet, but I have tested it with other stocks and it performs poorly.
The buy/sell volumes calculation is based on https://www.researchgate.net/publication/228261430_Bulk_Classification_of_Trading_Activity