The Smart Depth Of Market is a powerful Forex software that enhances your trading depth and provides valuable insights into the market. This indicator displays the order book and increases its depth, allowing you to see the location of orders that have gone beyond the current view. With its advanced features and capabilities, this software is a must-have for any serious trader.
Indicator Capability
One of the key features of the Smart Depth Of Market is its ability to display the levels of open positions. This allows you to have a clear understanding of the market dynamics and make informed trading decisions. By visualizing the order book, you can see the supply and demand levels, which can help you identify potential entry and exit points.
Additionally, this software provides a simulation of placing, cancelling, and editing pending orders directly in the displayed order book. This allows you to test different trading strategies and see how they would have performed in real-time market conditions. It’s a great tool for backtesting and refining your trading approach.
Indicator Features
The Smart Depth Of Market works only on those trading symbols for which it is broadcast by the broker. It’s important to note that for currency pairs, the deals tape is not typically broadcast, so you may need to adjust the input variable “ProfileCalculation” to ensure accurate interpretation of the data.
To reset the information about the rows that were recorded in the Smart mode, simply switch the indicator to the Fixation mode and double-click on the orders book title. This allows you to start fresh and have a clean slate for your analysis.
It is also recommended to use the input variable “RowsUnite” which allows you to group the rows by a specified number of points. This can help you better analyze the data and identify meaningful patterns.
FAQ
Q: Can I use the Smart Depth Of Market with any broker?
A: The Smart Depth Of Market works only on those trading symbols for which it is broadcast by the broker. It’s important to check with your broker if they support this feature.
Q: Can I use the Smart Depth Of Market for currency pairs?
A: Yes, you can use the Smart Depth Of Market for currency pairs. However, please note that the deals tape is not typically broadcast for currency pairs, so you may need to adjust the input variable “ProfileCalculation” to ensure accurate interpretation of the data.
Q: Can I test different trading strategies with the Smart Depth Of Market?
A: Yes, the Smart Depth Of Market provides a simulation of placing, cancelling, and editing pending orders directly in the displayed order book. This allows you to test different trading strategies and see how they would have performed in real-time market conditions.
For more information and independent testing of the Smart Depth Of Market, you can visit the forexroboteasy.com website. There, you can find detailed reviews and insights into the performance of this software. You can also subscribe to updates on the results of testing this product.
We invite you to share your experience of using the Smart Depth Of Market in the comments section below. Your feedback and insights can help other traders make informed decisions about this software.
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