What is depth of market (DOM)?

The Depth Of Market (DOM) tool allows traders to look under the hood of any market, taking price and volume analysis to the next level. The following features are included: DOM, Time & Sales, Volume Profile, Depth of Market, Imbalances, Buying Pressure, and up to 24 key intraday levels (it really packs a punch).

What is the depth of market (DOM) on TradingView?

Before we dive into the technicalities of accessing the DOM on TradingView, it’s essential to grasp its importance. The Depth of Market is essentially a real-time list that shows the number of buy and sell orders for a particular financial instrument, at different price levels.

What is depth of market?

Also known as DOM or the order book, depth of market is a tool that allows traders to see the number of buys and sells for an asset at different prices, giving a wider understanding of supply and demand. It’s often used as an indicator of market liquidity, with more orders indicating more liquidity.