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Depth Density
Resonance Team avatar
Written by Resonance Team
Updated over 3 months ago

Market Depth is a tool that displays grouped current limit orders for buying and selling on an exchange.

Purpose

The tool provides a clear view of the demand and supply volumes across different price ranges.

By default, the data updates in real-time.

Interface Elements

The window includes the following components:

  1. Settings (gear icon)

  2. Exchange

  3. Ticker

  4. Help – redirects to documentation

  5. Slider to adjust the displayed depth of limit orders

  6. Order book depth block for sell orders (asks)

  7. Best Ask - Spread (%) - Best Bid

  8. Order book depth block for buy orders (bids)

Order Book Display Blocks

The limit order display blocks contain six columns:

  • Distance from the current price (%)

  • Price

  • Limit order volume

  • Cumulative limit order volume

  • Number of limit orders

  • Cumulative number of limit orders

When you hover over a certain zone in the window, the corresponding zone on the cluster chart is highlighted:

Column Customization

In the settings, you can hide the following columns:

  • Volume

  • Number

  • Cumulative volume

  • Cumulative number

DD provide information about limits, and they are not available on all tickers at the moment. For example, limits are not available on derivatives (futures).

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