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Technical Support / Re: !!! Stupid Questions Thread !!!
« on: September 05, 2014, 01:35:33 pm »I'll go first:
How do you interpret this? I know it's depicting market depth, but how exactly...
Where it's flat there are no orders at that price - price could move very quickly across that range.
Where its vertical there are single big orders in the market - price will have difficulties crossing that threshold. That's what you call a "wall".
The total height tells you how many orders there are up to a certain price. For example if somebody suddenly sold 50 000 with no price limit, the price would drop to 19. It somebody bought 50 000 it would rise to about 33.