DOM levels

The Dom Levels indicator allows to display data changes in the DOM. The minimum/maximum volume, basic ask/bid colors and colors of bids and asks which are higher than the maximum volumes are set in the indicator. If the limit level volume in the DOM is higher than the minimum, but lower than the maximum volume, the price level is colored proportionally to the volume. If the limit level volume in the DOM is higher than the maximum volume, the price level is colored with the color of the maximum volumes.

It is better to use this indicator in a tick chart with a value=1, where each bar (tick) consists of a separate aggregated trade, or in the Cumulative Trades chart with a possibility to set your own volume filter values.

The indicator view in the chart:

Image 34314


*Besides, when hovering over the indicator marker, it is possible to see data values in the DOM at a particular level at a certain moment.


It is necessary to open the Indicator settings window for adding and setting this indicator.

Image 34315


Indicator settings


Heatmap settings

Color scheme - setting of the volume value visualization in the indicator.

Upper cut-off, % - let’s assume that the maximum volume=1000 in the visible range.
Also we assume that there is a volume 800 level.
If the cutoff=0, this level’s color will be calculated as 80% of the maximum color in the gradient.
If we set the value 20%, the maximum volume is 1000-20%=800. In this case, the volume 800 level will be highlighted with the maximum volume color.

Contrast - allows to filter levels from lowest to highest. The greater the contrast, the less weak levels will be visible.

Enable proportional height - activates the display of levels in proportion to their value.

Extended depth lines - extends levels from the current price to the price scale.

Show last limit - displays inactive volume levels in the chart.

Draw tooltip on mouse over - when hovering over the indicator marker, it is possible to see data values in the DOM at a particular level at a certain moment. This function is disabled when the checkbox is unchecked.

Fix maximum values - when this option is enabled, the indicator will remember the maximum volume which was at the level during the candle forming and display it, it won’t display the volume which will be at the moment of candle closing.

Bars count to calculate proportion - if the value is “0”, the color settings proportion is calculated among levels which are visible in the chart. If it’s necessary to calculate the color gradient on a larger part of the history than is loaded in the chart, specify the required number of bars.

Custom color scheme

Custom color scheme - activates the custom color scheme.

Bid color - bid color in the chart.

Ask color - ask color in the chart.

Min. volume filter
Filter -
minimum volume value


Max. volume filter

Filter - maximum volume value

Above maximum bid color - select the color for bids which are higher than the specified filter. 

Above maximum ask color  - select the color for asks which are higher than the specified filter. 

History

Days to save - number of the indicator marker history days to save.

Bars limit - limit of bars on which the indicator is displayed.

This article was helpful for 34 people. Is this article helpful for you?