Depth Of Market

Modified on Fri, 25 Aug 2023 at 05:19 PM

The indicator shows dom depth (Level II) on the chart.


Indicator view on the chart:


In order to add and set this indicator, open Indicator Settings.


Histogram Size

Use Auto Size ON/OFFof automatic settings of dom histogram size, i.e., when this option is ON, the size of all bars on Depth of Market histogram is automatically adjusted in relation to the maximum order value of the dom.

Proportion Volume is used to manually set the size of the dom histogram. Do this requires to specify the value of contracts/lots, which corresponds to 100% of histogram width, and the rest bars of Depth of Market histogram are built proportionally to the value set.

*This option works only when Use Auto Size option is disabled.

Width – width of the chart area selected for this indicator.

Right to Left – when this option is ON, the dom histogram is displayed from right to left.

Visualization

Digits after decimal point in volume values


Colors

Bid Rows – color of Bid orders.

Text Color – color of text.

Ask Rows – color of Ask orders histogram.

Bids BackGround – color of Bid orders background.

Asks BackGround – color of Ask orders background.

BestBid Background – color of BestBid price background.

BestAsk Background – color of BestAsk price background.

Other

Show Cumulative Values ‑ ON/OFFofdisplay of total values in the lower right corner.

Custom Height of Price Levels (manually) – manual setting of height of dom lines, “0” value disables this option.

Filters

  • Value
  • Color

Scale

Use Scale – automatic vertically scaling of the chart so that all Depth of Market histogram values are within the visible area of chart window. This option is generally relevant for instruments with large depth of Level 2 data.

Custom scale - input offset from chart s border to indicator, when chart is focused on price. 

Also read the following article on a similar topic:

GETTING ACQUAINTED WITH ATAS: INDICATORS

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