What's the Market depth and how it can help in my trading? I have heard that it's available in MT5, but I don't know how to use it.

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What's the Market depth and how it can help in my trading? I have heard that it's available in MT5, but I don't know how to use it.

asked by Rovivans S. on 11/24/20

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Thomas D. · Answer 1 · 2020-12-18T06:49Z

Thomas D.

on 12/18/20

Market depth (DOM) is an indicator of the current interest in the asset, that's the list of buy and sell orders, that shows the liquidity of asset. Market depth gives traders opportunity to understand the market trend and, therefore, understand the direction price will heading.

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What's the Market depth and how it can help in my trading? I have heard that it's available in MT5, but I don't know how to use it.

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