Depth of Market (DOM) surface charts in the Quantower platform offer a powerful and visually intuitive way to analyse market depth by combining data of DOM with a heatmap visualisation.
Unlike traditional methods, DOM surface utilises a heatmap, and it presents a colour gradient where brighter areas represent higher concentrations of buy or sell orders at specific price levels. Further, the tool helps traders analyse market liquidity, order book dynamics, and market participant behaviour in a visually appealing way.
To know more about DOM surface charts in action, you can visit https://youtu.be/DokWC7aIPM4