It is essential your computer remains on, as well as having an active Interactive Brokers account data subscription for the US Equity and Options Add-On Streaming Bundle which costs $4.50 USD and US Securities Snapshot and Futures Value Bundle which costs $10.00 USD however, the FEE is WAIVED if you have monthly commissions that reach $30.00 USD a month.

An active subscription to Ensign Charting Software is also required.

For a tutorial on setting up the acclaimed Ensign Charting Software on your Windows Operating System, navigate to the Tutorial Videos section in the trading forum and select Ensign Charting Tutorials. This setup process for transitioning to Ensign Charting software will only require 10 minutes, you'll be up and running in no time.

You have the flexibility to modify up to 5 ticker symbols for dark pools on the public and private exchanges that show late prints, sweeps, phantom trades, and signature prints. For the basic limited dark pool sniper tool features, you can replace up to five tickers as necessary to showcase real-time dark pool block trades on both public and private exchanges for up to 5 ticker symbols.

With the Dark Pool Analytics Package, you have the flexibility to access more than five ticker symbols, allowing you to observe dark pools on both public and private exchanges. In contrast, the Basic limited package you are only able to view the public exchange and your computer must be remained on. These trades will be displayed on your Ensign Charting charts for any chosen ticker symbols, including stocks, ETNs, and ETFs, utilizing different timeframes.

It's important that your computer remains on and, of course, you are signed into your Interactive Brokers Account with the appropriate data subscriptions selected.

Complimentary access for subscribed members implies that individuals with an active Pro or Elite Traders Subscription will be granted access to the limited features of the Dark Pool Sniper Tool.

Should your subscription be discontinued, access to these basic features of the Dark Pool Sniper Tool will also be discontinued. Continuous access to the limited version of the Dark Pool Sniper Tool is dependent upon maintaining an active Pro or Elite Traders Subscription Package.

Having an active subscription to both the Ensign Charting Software and an Interactive Brokers Data Subscription is an additional requirement.

Certainly, you can acquire the ability to track block trades (Dark Pools) across various timeframes. With this capability, you have the power to selectively refine block trades based on their size.

Additionally, you can fully customize the size, colors, shapes, sound alerts, and ranges to create a personalized visual appearance that perfectly aligns with your preferences.

The Dark Pool Sniper Tool is often recognized as a Super Tool due to its numerous capabilities for tracking block Institutional trades in dark pools across multiple different timeframes.

You can empower yourself with the capability to finely tune block trades by size and entirely tailor their size, colors, shapes, sound alerts, and ranges to achieve a personalized visual presentation that aligns precisely with your preferences.

The dark pool prints are displayed in REAL-TIME, allowing you to promptly observe late prints, signature prints, phantom trades, sweeps, and vital bazooka blocks on your charts across any timeframe. This feature makes the Dark Pool Sniper Tool exceptionally powerful, earning it the labeling of a "Super Tool".

You can achieve this by using our internal ranking mechanism and a ranking structure for the largest trades since the security's inception.

This approach enhances your ability to detect critical institutional trades, commonly referred to as 'Bazooka Blocks,' which is an extremely valuable tool in analyzing institutional trading activity.

With access to a vast database housing 5,000+ individual tickers (encompassing stocks, ETFs, and ETNs), you can attain extensive comprehensive insights into institutional dark pool activity.

This becomes a potent combination when paired with Pivot King Pivots and VolumeLeaders Analytics, providing you with deep contextual metrics, including relative block size, block trade rank for each ticker since its inception, and a comprehensive and detailed overview of the latest block trade dates within a cluster (Pivot) regarding institutional activity.

A "lit exchange" refers to a public financial market or trading platform where securities, such as stocks or other financial instruments, are traded openly and with full transparency.

In a lit exchange, all trading activity and price information are publicly available in real-time. This is in contrast to dark pools, which are private trading venues where certain institutional trades are executed away from public scrutiny and market visibility.

Lit exchanges are typically regulated and provide a high level of transparency, making them a common choice for retail traders and investors.

You can experience the ability to monitor various trade activities, including late prints, signature prints, phantom trades, sweeps, and unusually large or rare trades (referred to as 'Bazooka Blocks').

If you possess the Dark Pool Sniper Tool package, with VolumeLeaders Analytics being the Most Popular Highly Desired Package, you can access real-time data on your selected 5 tickers and receive a 15-minute delayed feed for over 5000+ tickers (Computer Does Not Need To Be Turned On For The Dark Pool Analytics Package even when block trades are delayed by 15 minutes).

This data can be utilized using different timeframes like 1 min, 5 min, 30 min, 120 min, 240 min any timeframe you wish to choose you can tailor to your preferences.

Obtaining comprehensive analytics is strongly recommended to effectively analyze institutional block trade transactions in dark pools effectively.

The Dark Pool Analytics data comes prefilled for a duration of 30 days (1 Month), providing sufficient time to analyze institutional positioning, given that institutions typically do not hold these dark pool transactions for more than a month.

You can discover these substantial institutional dark pool activity clusters by identifying locations where significant capital converges at specific price levels which the dark pool sniper tool shows in great detail. This process enables you to identify and pinpoint critical institutional support and resistance levels, providing valuable insights into market dynamics.

The Dark Pool Sniper Tool possesses the ability to automatically adjust cluster pivots within areas of significant institutional dark pool activity across various timeframes, earning it what many refer to as "The Super Tool." Having the Dark Pool Sniper Tool is a significant inclusion to have in your trading arsenal toolkit.

Trading where institutions engage in dark pool activity provides a range of compelling benefits for traders. Here's an explanation of why it is beneficial to do so:

Enhanced Precision: Identifying the most prominent levels or clusters of institutional dark pool activity is akin to pinpointing areas where significant capital is involved. This precision is essential because it enables traders to operate with greater accuracy and confidence. By trading at these precise cluster pivot points, traders can make well-informed decisions on robust data, aligning their strategies with institutions that hold the highest capital in specific cluster pivot points, determined by the dollar amount.

Institutional Footprint: Dark pools are typically utilized by institutional investors, and their activity in these cluster levels signifies substantial positions or strategic moves. By recognizing and trading at these levels, traders gain insight into the collective sentiment and actions of these influential market participants. This allows traders to align their strategies with institutional interests, potentially leading to more profitable outcomes.

Support and Resistance Detection: The presence of substantial capital in dark pools can establish critical support and resistance levels. These levels are pivotal in technical analysis and serve as reference points for traders. By acknowledging and working with these pivotal levels, traders can make decisions that are in sync with broader market dynamics, thereby reducing the likelihood of entering unfavorable trades.

Institutions often use dark pools to execute sizeable orders without significantly affecting market prices. By following their lead, traders can execute their own trades at those exact same levels. You want to trade with the sharks this is the perfect way to detect where the sharks (Institutions are positioning) If you wish to engage with the industry leaders, this is the ideal method to pinpoint the locations where institutions are establishing their positions.

In summary, trading where institutions engage in dark pool activity can be highly beneficial for traders. It offers a level of precision and insight that is crucial for informed decision-making, aligns strategies with influential institutional players, aids in identifying critical support and resistance levels, and can potentially alleviate trading anxiety. Therefore, identifying and capitalizing on institutional dark pool activity is a valuable approach in the world of trading.

Late Prints: Late prints represent trades executed within dark pools but not promptly reported. The time lag between the trade's execution and its reporting can vary from minutes to several hours. These late prints are visualized on charts according to the time when the block transaction actually occurred.

Signature Prints: Signature prints refer to unique dark pool transactions/trades that are exclusively associated with major indexes such as SPY, QQQ, IWM, and DIA. These trades consistently adhere to a predetermined size and are consistently executed at the previous day's closing level.

Signature prints materialize as the trading day progresses, but they can be potentially misleading due to the delay in their reporting, rendering them somewhat outdated by the time they become visible.

Signature prints establish extraordinary areas of support/resistance levels akin to a clear demarcation point, which is useful for pinpointing precise support and resistance levels.

The regulations governing US exchanges stipulate that all trades involving US equities must be reported promptly, and the majority indeed are reported immediately without delay.

Nonetheless, there exists an exploitation of a regulatory loophole by institutions, which permits them to execute trades on foreign exchanges and delay the reporting of these transactions for up to 24 hours.

As a result, institutions opt to trade index ETFs on foreign exchanges and intentionally postpone the reporting process to the main exchange, which serves to obscure their true intentions.

Phantom Trades: Phantom trades refer to dark pool transactions that fall outside the range of the entire trading day and do not fall under the classification of signature prints.

Dark pools do not operate under the same regulatory constraints as lit exchanges (lit exchanges, allowing institutions to occasionally execute trades that deviate significantly from prevailing market prices, at times diverging by multiple percentage points.

The reasons behind such non-standard trades remain undisclosed, but there are speculations that they might represent future trading targets. It's important to note that the realization of these targets is highly unpredictable, and there are no specific timelines for their fulfillment but they typically get filled.

In practical terms, this information should be viewed as offering directional insights primarily in exceptional situations. Moreover, it is advisable to cross-reference this data with other analytical methods to enhance its trustworthiness and significance.

Sweeps: Sweeps represent trade orders that span multiple exchanges and prioritize swift execution, often irrespective of the price. They are typically executed in a manner similar to market orders. The occurrence of sweeps implies a sense of urgency and often triggers an immediate market price response.

Bazooka Block(s): Bazooka Blocks are areas where substantial institutional trade order(s) are noticeable, frequently signifying pivotal swing highs or lows. In addition, our internal ranking system amplifies Bazooka Blocks by measuring their size since the security's inception.

Certainly, you have the option to acquire the Dark Pool Sniper Tool as a separate product even if you're not a subscribed member with TheBesTTraders.

The Dark Pool Sniper Tool offers you the flexibility to integrate your personal indicators through the powerful Ensign Charting Platform. This implies you have the capability to include a wide range of valuable charting and technical analysis indicators, including Market Profile and numerous technical case study indicators that Ensign Charting Software offers. Ensign Charting Software functions solely on Windows PC Operating Systems. For those with a MAC operating system, Parallels software is available to convert your MAC into a Windows Operating System. Utilizing Parallels allows you to run Windows on a Mac Operating System, making it possible to use the Dark Pool Sniper Tool on a Mac and also be able to use Ensign Charting Software.

Parallels serves as the intermediary, converting your Mac into a Windows operating system. However, it's important to note that the Dark Pool Sniper Tool and Ensign Charting Software is primarily intended for use on a Windows PC.

In addition, you can take advantage of the enhanced charting features provided by Ensign Software to create a fully customized and in-depth trading charting platform. Below are some Features and Block Trade Characteristics that you can customize using Ensign Charting Software.

Tracking Block Trades on Different Timeframes: You can acquire the capability to monitor block trades/dark pools across a variety of different timeframes.

Customize Block Trades: With the Dark Pool Sniper Tool, you have the power to selectively refine block trades and fully customize their appearance, including size, colors, shapes, and sound alerts to match your personal preference.

Real-Time Monitoring of Key Institutional Block Trades: You will be able to observe late prints, signature prints, phantom trades, and sweeps in real-time and 15 min delayed for 5000+ tickers across different various timeframes making the Dark Pool Sniper Tool a Super Powerful Tool, as many have described.

Detection of Significant Institutional Trades: The Dark Pool Sniper Tool enables you to pinpoint significant institutional transactions, commonly known as 'Bazooka Blocks,' at vital swing high and low pivotal pivots enhanced by a sophisticated internal ranking system that assesses the significance of dark pool trade(s).

Insights into Institutional Dark Pool Activity: You can unlock access using the Dark Pool Sniper Tool to a comprehensive database containing over 5,000+ distinct tickers, providing you with in-depth insights into institutional dark pool activity.

Comprehensive Dark Pool Analytics: The Dark Pool Sniper Tool includes inclusive analytics firmly rooted in contextual metrics, including relative block size, percentile analytics, rank of block trade(s), and the dates of traded block trade transactions that have been executed.

Discovery of Prominent Institutional Cluster Levels: The Dark Pool Sniper Tool helps you uncover the most significant levels, often referred to as 'clusters,' of institutional dark pool activity. These levels are where substantial capital converges at precise price pivotal points, facilitating the recognition of vital institutional support and resistance levels.