Today we’ll be diving into the Depth of Market Tool within the TradingView platform. We’ll learn how to read it, customize it, and even how to quickly place trades using it.
The Depth of Market tool, or order book as its more commonly called, is a tool within tradingview that allows us to view all the open orders to buy or sell at specific price levels. People refer to it as an order book, because that’s essentially what it is. A view of open orders people have actually place to buy or sell the stock.