>
> JBT is surely a nice tool, but any attempt to use only depth or just
> depth derived data to decode the market would be futile. I mean to
> design a stable strategy profitable over a long time. Balance in JBT
> can be simply regarded as another good oversold and overbought
> indicator and it can only serve as that purpose.
>

I agree. Although depth balance seems indicative, it's not enough by itself
to design a sustained profitable strategy.

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