Tool · Sierra Chart

Iceberg Indicator

See the liquidity that hides from the tape — large hidden orders reloading at a level, marked live on your NQ chart.

Sierra Chart

SUBSCRIPTION

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€5/month or €50/year — subscription; cancel anytime via the customer portal.

The two contexts · same star, two meanings

FIG 02 · Field guide · the same green star, read through context

The star tells you where. The context tells you what it means.

A green star is always the same fact: a hidden buyer kept reloading at that exact price while sellers ate the slice. Whether that fact is a floor for a reversal or fuel for the trend depends on where price came from.

CONTEXT 1Reversal★ 29671.50 · 3 x 6
  1. 01Price is falling into fresh lows; every bounce has failed so far.
  2. 02The star fires on the candle, at the defended price: a 3-lot slice reloaded 6 times. Someone is hiding size at 29671.50.
  3. 03The fall stops where the iceberg holds. Sellers exhaust into it; the turn starts from the defended price.
CONTEXT 2Trend continuation★ 29706.75 · 3 x 5
  1. 01The recovery is underway; price pulls back toward the level it just reclaimed.
  2. 02The star fires inside the dip: a fresh iceberg absorbs the pullback selling at 29706.75.
  3. 03The dip holds, the trend resumes. The same green fact now reads as fuel, because it appears with the move, not against it.
★ green = hidden buyers absorbing (support) ★ red = hidden sellers absorbing (resistance) card = price · slice · reloads A read, not a recipe. It never tells you to buy or sell. Best used as extra confluence: combine the star with volume, price action, large trades, the DOM, GEX levels and other key levels. One signal alone is never the trade.

Read the order flow, not a signal-to-riches.

The Iceberg Indicator marks iceberg refills — large hidden orders reloading at a level — live on your NQ chart. It’s a read on where size is quietly defending a price, surfaced as it happens. A clearer view of the book, not a promise.

BLOCK 1 · WHAT IT IS

Read the order flow, not a signal-to-riches.

The Iceberg Indicator marks iceberg refills — large hidden orders reloading at a level — live on your NQ chart. It’s a read on where size is quietly defending a price, surfaced as it happens. A clearer view of the book, not a promise.

BLOCK 2 · TUTORIAL VIDEO (MANDATORY)

Watch it work.

90 seconds: refills firing on a live NQ chart, one event zoomed, the marker explained.

BLOCK 3 · HOW IT WORKS

Three things, live on your chart.

01

Spots hidden refills — flags levels where large resting orders reload after being hit, the activity the tape alone misses

02

Live on the chart — markers appear in real time on your NQ chart as the refill happens, color-coded by side.

03

A read, not a recipe — context for your own decisions about order flow; it does not tell you to buy or sell. Best used as extra confluence with volume, price action, large trades, the DOM, GEX levels and other key levels.

Context: at the NY session developing VPOC, aggressive buyers stepped in 6 times (purple bubbles) with no impact on price; a limit buyer refilled 3 contracts 11 times (the iceberg, green star, right on the devVPOC); a fake breakout bounced on the NY session developing VAL; the devVPOC got retested one last time until aggressive buyers stepped in (green bubble), then price shot up to the previous cluster of stacked key levels (Previous Day Low, NY session developing VWAP, daily VWAP standard deviation 1).

BLOCK 4 · CHEAT SHEET (MANDATORY)

The at-a-glance reference.

An embedded HTML cheat sheet — the buyer’s one-screen reference.

Click to open Iceberg Cheat Sheet / Reference

BLOCK 5 · "HOW I BUILT THIS" VIDEO (MANDATORY)

The credibility film.

The MBO research, the detection logic, the live overlay build — and the honest limits.

BLOCK 6 · PROOF (MANDATORY)

Shown on a real chart.

Real Sierra Chart captures beat any mockup — plus an embedded SnapSkill snapshot of the research behind it.

BLOCK 7 · PRICING + GET

Subscribe — monthly or yearly.

Price: €5/month or €50/year. License active while subscribed; cancel anytime via the Stripe Customer Portal.

SUBSCRIPTION

Monthly Yearly Save 17%
Get started €5 / monthly

Nothing here is financial advice. Trading futures involves substantial risk of loss.

BLOCK 8 · SEO DESCRIPTION + CROSS-SELL + FAQ

For readers and for Google.

The Iceberg indicator is a Sierra Chart study for NQ futures that surfaces hidden liquidity in real time. When a large resting order keeps refilling at the same price, most of it stays invisible on the tape. The indicator detects that refill behavior from the order book and marks it directly on your chart, so you can see where size is defending a level instead of guessing. It is built on real order-flow research (MBO iceberg detection), runs live, and installs as a standard Sierra Chart study. It is a reading tool for order flow, not a buy/sell signal and not a promise of profits.

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The Iceberg indicator is a Sierra Chart study for NQ futures that surfaces hidden liquidity in real time. When a large resting order keeps refilling at the same price, most of it stays invisible on the tape. The indicator detects that refill behavior from the order book and marks it directly on your chart, so you can see where size is defending a level instead of guessing. It is built on real order-flow research (MBO iceberg detection), runs live, and installs as a standard Sierra Chart study. It is a reading tool for order flow, not a buy/sell signal and not a promise of profits.

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FAQ

It marks iceberg refills, hidden orders reloading at a level, live on your Sierra Chart NQ chart.

No. It is an order-flow reading tool. It shows where hidden size is, not what to do about it.

Sierra Chart, futures market.

Sierra Chart with real-time Time and Sales data
for your symbol: any Integrated service package (10 or higher) with a live data
feed. No Market-by-Order or depth subscription is required.

No. Trading futures carries substantial risk of loss. It is a tool, not a promise.

Subscription, €5/month or €50/year: instant digital download plus a setup guide, license active while subscribed, cancel anytime. Support via Discord and email.