This video provides an in-depth tutorial on using the DOM Surface (DSF) liquidity heatmap, a powerful tool for monitoring real-time market depth and identifying key support and resistance levels. Igor explains how to interpret the visual data, spot iceberg orders, and use the information to adjust trade entries, targets, and invalidation points based on real market data.
Timestamps:
- [00:00:00] Introduction and legal disclaimers
- [00:00:23] Overview of the DOM Surface (DSF) liquidity heatmap
- [00:00:43] DSF allows traders to see the difference in supply and demand ratio in real-time
- [00:01:33] DSF collects and visually displays live level two orders, depth of market, and historical data
- [00:02:34] Quantower platform and DSF panel overview
- [00:04:34] Explanation of limit orders displayed visually on the chart
- [00:05:58] Brighter colors indicate bigger limit orders
- [00:06:50] Market buy and sell orders displayed as circles, with bigger circles representing larger orders
- [00:09:00] Example of a large sell order causing a 40-tick drop to the next bid support
- [00:10:58] Example of an iceberg order and how it absorbs market buys
- [00:13:50] Example trade using the DSF to identify key levels and set invalidation points
- [00:17:44] DSF helps traders adjust plans and improve daily profitability
- [00:18:53] DSF is an amazing tool to use in conjunction with charts and trading plans
- [00:20:09] Tips and tricks for using the DSF effectively
- [00:23:10] Upcoming live stream Q&A session and additional resources
The DOM Surface liquidity heatmap is a game-changing tool for serious traders looking to gain an edge in the markets. By carefully studying the visual data and applying the concepts shared in this video, you can take your trading to the next level and make more informed decisions based on real-time market dynamics. Start incorporating the DSF into your analysis today and see how it can improve your trade entries, risk management, and overall profitability!