Definition
#Measures the percentage of total executions in the current rolling window that come from aggressive sell trades.
Formula & calculation
#(Sell Trade Count / Total Trade Count) × 100Units & range
% (0–100).
Interpretation
#Sell-side executions are making up a larger share of total trade frequency in the current window. High execution share without corresponding volume share points to fragmented, low-size selling. The more actionable signal is when both this and Current Sell Volume Ratio are elevated together.
Practical usage
#Shows whether the sell side is generating more executions in the active window. Divergence from Current Sell Volume Ratio (many executions but low notional share) usually indicates algorithmic order-splitting, not directional pressure.
Common mistakes
#Frequent interpretation traps and misuse patterns to avoid when applying this metric.
- Ignoring whether those trades are actually meaningful in size.
Timeframe note
#This metric applies to rolling windows such as 5m, 15m, and 60m. The underlying definition stays the same; what changes is the time horizon used to measure it. Shorter windows react faster, while longer windows smooth noise and emphasize broader structure.
5m
Faster response to fresh changes in activity and short-horizon structure.
15m
Balanced view between responsiveness and persistence.
60m
Broader context that is slower but more stable.