recipe-track-orderbook-depth

name	recipe-track-orderbook-depth
version	1.0.0
description	Monitor order book depth and bid-ask imbalance for liquidity signals.
metadata	{"openclaw":{"category":"recipe","domain":"market-data"},"requires":{"bins":["kraken"],"skills":["kraken-market-intel","kraken-ws-streaming"]}}

Track Order Book Depth

PREREQUISITE: Load the following skills to execute this recipe: kraken-market-intel, kraken-ws-streaming

Monitor order book depth for a pair and detect bid-ask imbalance as a liquidity signal.

Steps

1. Get a snapshot: kraken orderbook BTCUSD --count 25 -o json 2>/dev/null
2. Sum bid volume (top 10 levels) and ask volume (top 10 levels)
3. Calculate imbalance ratio: bid_volume / (bid_volume + ask_volume)
   • Ratio > 0.6: strong bid-side (buying pressure)
   • Ratio < 0.4: strong ask-side (selling pressure)
4. Start streaming for continuous monitoring: kraken ws book BTC/USD --depth 10 -o json 2>/dev/null
5. Parse each update and recalculate imbalance
6. Alert when imbalance crosses threshold
7. Optionally compare across pairs (one call per pair): kraken orderbook BTCUSD --count 10 -o json 2>/dev/null then kraken orderbook ETHUSD --count 10 -o json 2>/dev/null