About this demo
A steam move is a sudden, coordinated shortening of a Betfair price driven by a concentration of backing activity. This detector fires when two conditions are true simultaneously: the Weight of Money ratio exceeds a dominance threshold (more backing volume than laying), and the rate of tick shortening over a rolling window exceeds a velocity threshold.
Requiring both signals to be present together filters out normal price drift from genuine steam. Adjust the WoM and velocity sliders to see how threshold sensitivity changes the signal rate, or use the manual inject button to fire a forced steam event and observe how the detector responds. In a live trading system this signal typically triggers within one to three ticks of coordinated activity.