MARKET DEPTH MAP

The Market Depth Map helps traders identify potential levels of support and resistance by analyzing the volumes of limit order book (DOM).

Each price level is shown in a different color based on the volume at that level in the DOM. The higher the volume, the stronger the color, and the higher the chance of identifying a support or resistance level.

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Market Depth Map helps traders identify potential levels of support and resistance

  • This indicator uses data from the limit order book (DOM) and works in real-time and with historical data, if it was previously saved in the local database. When you open the indicator, it shows historical data right away if available. If not, it starts collecting real-time data and builds the history over time.
  • Price levels are shown in different colors based on the volume at each level in the DOM. The higher the volume, the stronger the color. This type of display, called a heatmap, is especially useful for spotting possible support and resistance levels.

Fully customizable

The Market Depth Map is fully customizable to match your preferences. For example, price levels can be shown in a single color, multiple colors, or colored by Bid/Ask areas.
You can choose what to display on the screen, set the refresh rate, decide how to group segments within the same price level, apply volume filters, and much more.

The current DOM (market depth) can be displayed on the right.

To complete the indicator, you can also display the Bid/Ask curves.