Order flow & volume
Depth of market (DOM)
Also known as: DOM, order book, Level 2
Depth of market (DOM) is the order book showing the resting buy and sell limit orders at each price level around the current market.
The DOM reveals where liquidity sits and how it changes as orders are added or pulled. Large resting orders can act as temporary support or resistance (and can be spoofed). Algovex includes DOM and heatmap nodes for order-book analysis.
Related terms
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