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Date/Time: Fri, 19 Apr 2024 22:38:06 +0000



[User Discussion] - Depth of Market Graph - Graphing Like the RSI

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[2020-07-09 03:06:32]
User396008 - Posts: 2
I am not sure of all the proper terms, so apologies in advance. I am trying to create a line graph, similar to the RSI graph, but graphs the Depth of Market.

When I have the "Draw DOM Graph on Chart" selected under the "Trade" tab, in gives me the inventory at each tick above the current price on the Ask Side and the inventory at each tick below the current price on the Bid Side. At the top/bottom of the DOM Graph, it gives me a sum total of the inventory on the Ask Side and the sum total of the inventory on the Bid Side. Beside each sum total is the percentage that it makes up of the total inventory. For example, if the Ask Side totals 1,000 and the Bid Side Totals 1,500, the percentage is 40% on the Ask Side (1,000/2,500) and 60% on the Bid Side (1,500/2,500). These percentages will constantly be changing as the inventory is absorbed/pulled/added to or from the DOM.

I am interested in graphing the 40% figure similar to how an RSI line graph is presented. Can this be done? If so, what study would I select?
Date Time Of Last Edit: 2020-07-09 03:08:54

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