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Two icebergs framing a range: ICE OFFER 30069.75, tested 8×, above and ICE BID 30029.25, tested 3×, below. A fracture marks every test.

Chart pictures are illustrations of the software, not a performance record. Futures trading carries substantial risk of loss and is not suitable for every investor, and hypothetical or simulated results have inherent limitations that may differ materially from live trading. Risk disclosures.

Why you need it

An iceberg order hides its size — only a small piece shows in the book, and every time it's hit, another slice re-posts at the same price. From the outside it looks like a level that just keeps absorbing: heavy volume trades into it, aggressive buyers or sellers keep hitting it, and price is rejected anyway. Price tells you where the market went; DS Iceberg tells you where somebody large stopped it.

Two engines, working independently

An iceberg order hides its size — a slice shows, gets hit, and re-posts at the same price. Its signature is absorption: heavy volume trades in, aggressors keep hitting it, and price is rejected anyway.

  1. 01A wick-rejection and volume test confirmed only when repeated tests cluster at one price
  2. 02A volume-at-price footprint refined by the true bid/ask on every trade
  3. 03Levels both engines agree on are drawn in cyan or magenta
  4. 04Each level shows its traded volume and test count

Before you buy

What it needs, where it runs, and what it is not.

Where it runs

MarketsBuilt on NQ · MNQ

Futures and stocks

  • Futures — runs on it
  • Stocks — runs on it
  • Forex — not supported
  • Crypto — not supported

Absorption is read from real traded volume and the side it traded on. Forex and CFDs have no trade tape in NinjaTrader.

What it reads

Price, traded volume, and the bid/ask of each live trade (loaded history is estimated from one lower-timeframe series, 1 minute by default). No Level 2; Tick Replay optional.

NinjaTrader 8 · 8.1.8.1 or newer. Everything runs on your machine, on your own data feed.

Good to know

Drawn as a self-updating runway zone, built entirely from closed bars — it does not repaint.

DS Universe tools are charting and research software for educational and informational purposes. They are not investment advice and no output is a forecast or a guarantee of any result. Trading futures and other leveraged instruments carries substantial risk of loss and is not suitable for every investor.

NinjaTrader

Test it on your own charts first.

Four screenshots and a paragraph are not enough to judge an indicator on. Watch it work in your own instrument, on your own timeframe, before it goes anywhere near a live account. Both ways of doing that are free.

  1. 01

    Replay a session you have already seen

    Market Replay runs a past session back tick by tick, at whatever speed you like. You get to watch DS Iceberg print in conditions you remember, and pause on the bars where it mattered.

  2. 02

    Then trade it forward, on the simulator

    Replay shows you the past with the ending already known. The simulator does not — it runs live, in real time, on real prices, with nothing at stake. That is where you find out whether you can actually act on what you are seeing.

A simulated fill is not a live fill. Replay and the simulator cannot reproduce real queue position, slippage, or what it feels like to hold a position with money on it, and results from either may differ materially from live trading. Test to learn how a tool behaves — not to estimate what it might return.

See it work

DS Iceberg, moment by moment

The conditions DS Iceberg is built for, drawn by its shipped rules. Scroll and scale it like a chart, replay it bar by bar, jump between its moments, or switch the chart to light.

DS Replay examples are illustrative: each scenario is composed for the example from recorded one-minute futures candles, to show the conditions a tool is built for, and is not a recording of a trading session. The tool drawing on it runs its shipped rules unchanged. They show how the software reads price; they are not a performance record, no trade is taken or shown, and live markets often behave differently. Futures trading carries substantial risk of loss and is not suitable for every investor, and hypothetical or simulated results have inherent limitations that may differ materially from live trading. Risk disclosures.

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