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Open Depth of Market

The depth of market data helps you grasp the market liquidity, showing the amount of buy and sell orders by price. In MetaTrader5 (MT5), you can check the depth of market data and the tick chart, or place an order from the Depth of Market window.

Here we will look at how to open the Depth of Market window in MT5. The Depth of Market window can be opened from the menu, Market Watch, or chart.

Related article: Enable one-click trading

Step 1

Open the Depth of Market window from the menu

Click "View" in the menu. Hover the pointer over "Depth Of Market" and select a symbol.

Open the Depth of Market window from the menu Open the Depth of Market window from the menu

Open the Depth of Market window from the Market Watch

In the Market Watch, right-click on the symbol to display the Depth of Market window for and select "Depth Of Market".

Open the Depth of Market window from the Market Watch Open the Depth of Market window from the Market Watch

Open the Depth of Market window on the chart

Click the Depth of Market icon on the left of the two icons in the top left corner of the chart.(Shortcut keys: Alt+B)

Open the Depth of Market window on the chart Open the Depth of Market window on the chart

Or, right-click on the chart and select "Depth Of Market".

Right-click on the chart Right-click on the chart

Step 2

The Depth of Market window will be displayed.

The Depth of Market window will be displayed. The Depth of Market window will be displayed.
caution If the data is not displayed
If the data is not displayed If the data is not displayed

If your broker does not provide the depth of market data, it will not be displayed in the Depth of Market window. Some operations are still available on the window.

Step 3

Settings on the Depth of Market window

Right-click on the Depth of Market window and select the item to configure.

Settings on the Depth of Market window Settings on the Depth of Market window

Number

Item name

Descriptions

1

Buy Limit/Sell Limit

Right-click on the desired price to place an order. Select "Buy Limit" or "Sell Limit" to place a buy/sell limit order.

2

Buy Stop/Sell Stop

Right-click on the desired price to place an order. Select "Buy Stop" or "Sell Stop" to place a buy/sell stop order.

3

Alert

Right-click on the desired price to place an order and select "Alert". It will notify you when the price is reached.

4

Chart

Show/hide the tick chart.

5

Link to Active Chart

Show the same symbol as an active chart on the Depth of Market window.

6

Extended

Show/hide the price range without the depth of market data.

7

Spread

Show/hide the price range of the spread.

8

Amount instead of Lots

Show the data in the base currency.


Date

Created

 : 2022.08.24

Update

Last updated

 : 2022.08.25

Writer

Takayoshi Nakamaru

Manual production consultant, MBA

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Takayoshi Nakamaru

Nakamaru is a manual production consultant at FINTECS, a company that specializes in creating manuals for their clients.
With a wide range of experience from fintech to entertainment, he presents what user-friendly manuals should be like.
He works with numerous large corporations as an external manual production project manager.

【Business information】
http://www.fintecs.co.jp/profile/

Supervisor

Akira Takagi

Systems engineer, MetaTrader administrator

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Akira Takagi

After graduating from Computer Science at the Uninove, Brazil, in 2014, he has worked on various systems development projects.
He participated as a developer in the launch of forex services in 2019. Since then, he has also been involved in the development of MetaTrader plugins and APIs. He is certified by MetaQuotes as a MetaTrader5 Administrator and active in consulting and advisory as well.

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