Shark Efficiency

The Shark Efficiency indicator evaluates how effectively aggressive order flow, measured through cumulative volume delta, is being converted into price movement. It compares price changes against the underlying flow on each bar to show whether the market is moving efficiently or inefficiently. Efficient moves appear when price advances with relatively little order flow, while inefficient moves show heavy order flow absorbed with limited price response. A residual line adjusts these readings against recent history, highlighting when efficiency or inefficiency is greater or weaker than expected.