What is the order depth indicator?

This indicator sums up all existing orders sorted by ascending (sell orders) or descending (buy orders) prices. It then displays the consolidated order values on a stacked area chart (the market depth chart). Now how do you read that? Say you are an investor and want to buy 1,000 ONIONs.

How does the market depth chart work?

The order disappears from the order book upon completion. If you want to sell more, you’d have to settle the next, lower sales price. The market depth chart displays these orders in an easily understandable manner. It puts all buy and sell orders into a chart and stacks them onto each other.

What is a bitcoin depth chart?

A depth chart is a graphic representation of an order book or the active buy and sell orders for an asset at various prices. Understanding the market and how to read a Bitcoin depth chart is crucial for those looking to trade. Thinking about the impact of hidden liquidity when interpreting a market depth chart is crucial.

What is the anatomy of the depth chart?

The Anatomy of the Depth Chart can be divided into three main sections:quotes, graph, and tooltip. The Quotes section at the top of the window presents various market data items. Dynamic values such as ask, last prices, bid, and the session’s open, high, low, and volume values are available here.