Exploring the Market Tab
A Comprehensive Overview of the Market Tab
Last updated
A Comprehensive Overview of the Market Tab
Last updated
The Market tab on the deal details page provides traders with in-depth information about the trading pair. In this article, we will delve into the various components of the Market tab, offering a detailed understanding of the data presented and its significance in trading analysis.
Accessing the Market Tab:
To access the Market tab, navigate to the deal details page and select the Market tab located on the right side of the page.
Market Information Widget:
At the top of the Market tab, the Market Information widget presents key details about the trading pair, including:
Market Status: This indicates whether the market is active or inactive, providing traders with an understanding of its current availability.
Minimum Amount: The minimum amount represents the smallest allowable value for the traded asset in the trading pair.
Minimum Quantity: The minimum quantity signifies the minimum volume required for executing a trade in the trading pair.
Price Scale: The price scale refers to the increment at which prices are displayed on the chart, helping traders analyze price movements accurately.
Amount Scale: The amount scale determines the display increment for the traded asset's quantity.
Quantity Scale: The quantity scale specifies the display increment for the volume of the traded asset.
Tickers:
Following the Market Information widget, the tab presents tickers that provide real-time information about the market from the connected exchange. The tickers include:
Open Price: The open price denotes the first traded price of the trading pair within a specific time period, such as the current day.
Close Price: The close price represents the last traded price of the trading pair within a specific time period.
24h High: The 24-hour high signifies the highest price reached by the trading pair within the past 24 hours.
24h Low: The 24-hour low indicates the lowest price reached by the trading pair within the past 24 hours.
24h Volume: The 24-hour volume represents the total trading volume of the trading pair within the past 24 hours.
Mark Price: The mark price refers to the current price of the trading pair, which is typically an average of the buy and sell prices.
Trades Count: The trades count denotes the total number of trades executed for the trading pair within a specific time period.
Change Percent: The change percent indicates the percentage change in the trading pair's price compared to a previous time period.
Trading View Chart:
The Market tab also includes a Trading View chart specific to the trading pair. This chart provides a graphical representation of the price movements, allowing traders to analyze trends, patterns, and other technical indicators to make informed trading decisions.
Order Book:
The Order Book table displays a list of outstanding buy and sell orders for the trading pair. It provides traders with information about the current market depth and liquidity. The table can be filtered based on the number of decimal places or the depth of the order book. Additionally, traders can choose to view the order book in graphical form, enabling a visual representation of the market's supply and demand dynamics.
Public Trades:
The Public Trades table presents a record of recent trades executed for the trading pair. It includes details such as the trade price, quantity, amount, and the time at which the trade occurred. This information allows traders to track recent market activity and gain insights into the buying and selling patterns of the trading pair.
Conclusion:
The Market tab on the deal details page provides traders with a comprehensive range of information essential for effective market analysis. By leveraging the Market Information widget, tickers, Trading View chart, Order Book table, and Public Trades, traders can gain valuable insights into price trends, market depth, and recent trading activity. This in-depth understanding equips traders with the necessary tools to make informed trading decisions and optimize their trading strategies.
