IntermediateOrder Book, Fake & Trap

Fake & Trap Detection: the six state cards

The top of the Fake & Trap Detection page answers six questions about the order book in one glance. Here is what each card means and how to read them together.

8 min read

Where to find it

Open Liquidity Behavior Intelligence in the sidebar and choose Fake & Trap Detection. Pick an asset and a timeframe in the header. The asset strip shows the pair, its price and the confidence of the current reading.

Each of the six cards shows the name of the underlying LBI metric, a state label in colour and the metric value, with its timeframe badge and update stamp.

The six state cards at the top of Fake & Trap Detection: Liquidity State, Spoofing Pressure, Absorption, Trap Bias, Wall Stability and Execution Skew.

Liquidity State and Absorption

Liquidity State, from the LBI Score, describes the overall condition of the book: thin, normal or unusually deep, or a behaviour such as Absorption.

Absorption, from the Liquidity Absorption Index (LAI), shows how much incoming buying and selling is soaked up by waiting orders before price moves. Deep absorption means the book is holding.

Spoofing Pressure and Wall Stability

Spoofing Pressure, from the Manipulation Probability Index, measures orders that keep appearing and disappearing without ever trading. Low is what you want to see.

Wall Stability, from the Wall Disappearance Ratio (WDR), shows how long large waiting orders survive before they are pulled or filled. A low ratio means walls stay; a high ratio means walls you see may not be there tomorrow.

Trap Bias and Execution Skew

Trap Bias, from Trap Intensity (TI), shows which side of the market the traps are currently working against. A strong trap bias means one side is being baited.

Execution Skew, from the Liquidity Integrity Ratio (LIR), shows how much of the size shown in the order book actually traded. A low reading means the book was mostly displayed rather than executed.

Read them as a set

The cards are most useful together. Low spoofing, stable walls and deep absorption describe an honest book. High spoofing pressure, unstable walls and a strong trap bias describe a book that is being played, even if price looks calm.

The warning pictureStrong Trap Bias with high Spoofing Pressure and unstable walls is the classic warning picture. One card alone rarely tells the full story.

Longer timeframes and missing measurements

Order-book data is measured on the shorter timeframes. Longer timeframes such as 4H, 8H, 12H and 1D are assembled from those shorter periods, so their cards fill in like any other timeframe, although an assembled period can carry less detail than a directly measured one. If there is not enough underlying data, for example on a recently listed asset, the cards say in words that there is no reading or no measurement yet, rather than showing zero.