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[[File:DDDDD.png]] | [[File:DDDDD.png]] | ||
Ask and Bid Size is shown in Buy and Sell columns respectively. | Ask and Bid Size is shown in '''Buy''' and '''Sell''' columns respectively. | ||
Best Bid and Best Ask are marked with white color. Last trade price and size are highlighted in yellow in Price column. Day High/Low prices are marked with yellow lines. Those are default colors that can be changed. | Best Bid and Best Ask are marked with white color. Last trade price and size are highlighted in yellow in '''Price''' column. Day High/Low prices are marked with yellow lines. Those are default colors that can be changed. | ||
<div class="note">Please check if you have a subscription for depth-of-market data for the particular symbol that you are going to use in the DOM. | <div class="note">Please check if you have a subscription for depth-of-market data for the particular symbol that you are going to use in the DOM. | ||
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==Bid and Ask Volume Sum== | ==Bid and Ask Volume Sum== | ||
Bid and Ask volume sum is calculated summing up the volumes of Bid and Ask respectively and each is shown under Bid and Ask columns. This option is enabled by default and can be disabled if you right-click anywhere on the DOM window except for Buy, Price & Sell columns and control elements to see the shortcut menu and uncheck Bid/Ask Sum option. | Bid and Ask volume sum is calculated summing up the volumes of Bid and Ask respectively and each is shown under Bid and Ask columns. This option is enabled by default and can be disabled if you right-click anywhere on the DOM window except for '''Buy''', '''Price''' & '''Sell''' columns and control elements to see the shortcut menu and uncheck '''Bid/Ask Sum''' option. | ||
Bid/Ask Sum option is shown either in Compact Mode, or in Full Mode of the DOM Window. | '''Bid/Ask Sum''' option is shown either in '''Compact Mode''', or in '''Full Mode''' of the DOM Window. | ||
==Day High and Low Options== | ==Day High and Low Options== | ||
Day High and Low green and yellow (by default and can be [[Depth of market (DOM)#How to Customize DOM Colors|changed]]) marker lines are located on the upper and bottom of the corresponding price boxes of the middle grey price column, and indicate High and Low prices of the day. This option is enabled by default and can be disabled if you right-click anywhere on the DOM window except for Buy, Price & Sell columns and control elements to see the shortcut menu and uncheck Day High/Low option. | Day High and Low green and yellow (by default and can be [[Depth of market (DOM)#How to Customize DOM Colors|changed]]) marker lines are located on the upper and bottom of the corresponding price boxes of the middle grey price column, and indicate High and Low prices of the day. This option is enabled by default and can be disabled if you right-click anywhere on the DOM window except for '''Buy''', '''Price''' & '''Sell''' columns and control elements to see the shortcut menu and uncheck '''Day High/Low''' option. | ||
Day High/Low option is shown either in Compact Mode, or in Full Mode of the DOM Window. | '''Day High/Low''' option is shown either in '''Compact Mode''', or in '''Full Mode''' of the DOM Window. | ||
==Dynamic and Semi-Static Modes== | ==Dynamic and Semi-Static Modes== | ||
MultiCharts DOM has two modes: dynamic and semi-static. | MultiCharts DOM has two modes: '''dynamic''' and '''semi-static'''. | ||
Dynamic DOM mode means the DOM window will automatically re-center after each new tick (price update) received. This mode is very useful for scalping strategies. | '''Dynamic DOM mode''' means the DOM window will automatically re-center after each new tick (price update) received. This mode is very useful for scalping strategies. | ||
To enable Dynamic mode right-click anywhere on the DOM window except for Buy, Price & Sell columns and control elements to see the shortcut menu and check Dynamic Price Scale. | To enable Dynamic mode right-click anywhere on the DOM window except for '''Buy''', '''Price''' & '''Sell''' columns and control elements to see the shortcut menu and check '''Dynamic Price Scale'''. | ||
[[File:DOM2.png]] | [[File:DOM2.png]] | ||
If Dynamic Price Scale option is disabled, DOM operates in semi-static mode. | If '''Dynamic Price Scale''' option is disabled, DOM operates in semi-static mode. | ||
Semi-static DOM mode means the DOM window will re-center once the current price hits the upper or lower boundary of the window. A 5 second countdown precedes re-centering. | '''Semi-static DOM mode''' means the DOM window will re-center once the current price hits the upper or lower boundary of the window. A 5 second countdown precedes re-centering. | ||
Static DOM has been patented by Trading Technologies: absolutely static DOM, no auto-recentering. MultiCharts DOM is semi-static meaning that it will move without input from the user (i.e. if the price goes off the screen), which creates the possibility of making an error during input. It was implemented this way in order not to violate the patent. | Static DOM has been patented by Trading Technologies: absolutely static DOM, no auto-recentering. MultiCharts DOM is semi-static meaning that it will move without input from the user (i.e. if the price goes off the screen), which creates the possibility of making an error during input. It was implemented this way in order not to violate the patent. | ||
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Open a new DOM window by one of following methods: | Open a new DOM window by one of following methods: | ||
* Click the New DOM Window icon <img src="https://www.multicharts.com/trading-software/images/8/8e/New_DOM_Window_200.png" width="24"> on the | * Click the '''New DOM Window''' icon <img src="https://www.multicharts.com/trading-software/images/8/8e/New_DOM_Window_200.png" width="24"> on the main toolbar; | ||
* In the main menu select File, then point to New and click DOM Window; | * In the main menu select '''File''', then point to '''New''' and click '''DOM Window'''; | ||
* Use Ctrl+Alt+Ins keys combination on the keyboard. | * Use Ctrl+Alt+Ins keys combination on the keyboard. | ||
==Selecting Broker== | ==Selecting Broker== | ||
To select a broker, click on the arrow next to the Broker Connection button <img src="https://www.multicharts.com/trading-software/images/8/87/DOM3.png" width="37"> and select a broker from the list. | To select a broker, click on the arrow next to the '''Broker Connection''' button <img src="https://www.multicharts.com/trading-software/images/8/87/DOM3.png" width="37"> and select a broker from the list. | ||
<div class="tip-no-title">For more info see [[Broker Profiles Overview]]</div> | <div class="tip-no-title">For more info see [[Broker Profiles Overview]]</div> | ||
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==Connecting / Disconnecting Broker Profile== | ==Connecting / Disconnecting Broker Profile== | ||
When a broker is selected, click on the Broker Connection button <img src="https://www.multicharts.com/trading-software/images/8/87/DOM3.png" width="37"> to connect/disconnect it. When MultiCharts is establishing the connection with the broker, the Broker Connection button is yellow. Once the connection is established, it becomes green. | When a broker is selected, click on the '''Broker Connection''' button <img src="https://www.multicharts.com/trading-software/images/8/87/DOM3.png" width="37"> to connect/disconnect it. When MultiCharts is establishing the connection with the broker, the '''Broker Connection''' button is yellow. Once the connection is established, it becomes green. | ||
You can also right-click anywhere on the DOM window except for Buy, Price & Sell columns and control elements to see the shortcut menu and click Connect / Disconnect Broker Profile. | You can also right-click anywhere on the DOM window except for '''Buy''', '''Price''' & '''Sell''' columns and control elements to see the shortcut menu and click '''Connect / Disconnect Broker Profile'''. | ||
<div class="tip-no-title">For more info see [[Broker Profiles Overview]]</div> | <div class="tip-no-title">For more info see [[Broker Profiles Overview]]</div> | ||
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==Selecting Account== | ==Selecting Account== | ||
Select the account number in the Account Selector box <img src="https://www.multicharts.com/trading-software/images/7/72/DOM4.png" width="79"> | Select the account number in the '''Account Selector''' box <img src="https://www.multicharts.com/trading-software/images/7/72/DOM4.png" width="79"> | ||
==Selecting Instrument== | ==Selecting Instrument== | ||
To select the instrument you want to trade with: | To select the instrument you want to trade with: | ||
* Type in the symbol name into the Instrument Selector field | * Type in the symbol name into the '''Instrument Selector''' field and press '''Enter'''; or: | ||
* Click on the Lookup button | * Click on the '''Lookup''' button to select the necessary symbol from the database. | ||
<div class="note">To be able to trade the instrument in the DOM, you should add it to the QuoteManager (see [[Operating Symbol List]]).</div> | <div class="note">To be able to trade the instrument in the DOM, you should add it to the '''QuoteManager''' (see [[Operating Symbol List]]).</div> | ||
==Volume Profile== | ==Volume Profile== | ||
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[[File:Volume Profile in DOM.png]] | [[File:Volume Profile in DOM.png]] | ||
Volume Profile in DOM window allows discretionary traders to monitor changes in trade volume while making trading decisions live.<br> | '''Volume Profile''' in DOM window allows discretionary traders to monitor changes in trade volume while making trading decisions live.<br> | ||
To open Volume | To open the '''Volume Profile''' window right-click anywhere on the DOM window except for '''Buy''', '''Price''' & '''Sell''' columns and control elements to see the shortcut menu and check the Show Volume Profile option.<br> | ||
To see PnL in Volume Profile window right-click anywhere on the DOM window except for Buy, Price & Sell columns and control elements to see the shortcut menu and check the Show PnL in Volume Profile panel. | To see '''PnL''' in the '''Volume Profile''' window right-click anywhere on the DOM window except for '''Buy''', '''Price''' & '''Sell''' columns and control elements to see the shortcut menu and check the '''Show PnL''' in Volume Profile panel. | ||
== Linking DOM by Instrument == | == Linking DOM by Instrument == | ||
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* To link a DOM window by symbol, click the '''Instrument Link''' button. | * To link a DOM window by symbol, click the '''Instrument Link''' button. | ||
* To assign the series to a Link Group, select the Link Group Color Code from the drop-down list. | * To assign the series to a '''Link Group''', select the '''Link Group Color Code''' from the drop-down list. | ||
* To un-link the series, select '''Not Linked'''. | * To un-link the series, select '''Not Linked'''. | ||
==PnL and Current Position== | ==PnL and Current Position== | ||
PnL and Current Position box indicates Current Position and Profit and Loss. Positive value (profit) is colored green, negative value (loss) is colored red. | '''PnL and Current Position''' box indicates Current Position and Profit and Loss. Positive value (profit) is colored green, negative value (loss) is colored red. | ||
Profit and Loss can be indicated in: | Profit and Loss can be indicated in: | ||
dollars [[File:DOM5.png]], ticks [[File:DOM6.png]] and percent [[File:DOM7.png]]. | dollars [[File:DOM5.png]], ticks [[File:DOM6.png]] and percent [[File:DOM7.png]]. | ||
To change indication type, click on PnL and Current position box. | To change indication type, click on '''PnL and Current position''' box. | ||
AvgEntry Price of the position is highlighted in white in Price column. | '''AvgEntry Price''' of the position is highlighted in white in Price column. | ||
[[File:DOM8.png]] | [[File:DOM8.png]] | ||
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DOM window allows you to place Market, Stop, Limit and Stop-Limit orders with just one click. | DOM window allows you to place Market, Stop, Limit and Stop-Limit orders with just one click. | ||
Order confirmation for DOM is enabled on the Trading tab of [[Preferences]]. The Require Order Confirmation option is applied to manual order placing across all chart and DOM windows in MultiCharts. | Order confirmation for DOM is enabled on the Trading tab of [[Preferences]]. The '''Require Order Confirmation''' option is applied to manual order placing across all chart and DOM windows in MultiCharts. | ||
When the Require Order Confirmation box is checked you will see Place Order confirmation window every time you place an order. Check the Do not ask me again | When the '''Require Order Confirmation''' box is checked you will see '''Place Order confirmation''' window every time you place an order. Check the '''Do not ask me again''' checkbox to disable order confirmation completely. | ||
'''Placing Market Orders''' | '''Placing Market Orders''' | ||
To place Market orders, use the Buy Mkt and the Sell Mkt buttons under the price ladder. | To place Market orders, use the '''Buy Mkt''' and the '''Sell Mkt''' buttons under the price ladder. | ||
Order Size is defined by Quantity field, Time In Force (TIF) is defined by the value set in the Time In Force field. | Order Size is defined by '''Quantity''' field, Time In Force (TIF) is defined by the value set in the '''Time In Force''' field. | ||
'''Placing Limit Orders''' | '''Placing Limit Orders''' | ||
Place a Limit order by one of the following methods: | Place a Limit order by one of the following methods: | ||
* Click on price scale near corresponding price in Bid Size column (buy order) or Ask Size column (sell order). Order Volume is defined by Qty field (see [[Depth_of_market_(DOM)#Setting_Order_Quantity|Setting Order Quantity]]), Time In Force (TIF) is defined by the value set in Time In Force field (see [[Depth_of_market_(DOM)#Setting_Time_in_Force|Setting Time in Force]]); | * Click on price scale near corresponding price in '''Bid Size''' column (buy order) or '''Ask Size''' column (sell order). Order Volume is defined by '''Qty''' field (see [[Depth_of_market_(DOM)#Setting_Order_Quantity|Setting Order Quantity]]), Time In Force (TIF) is defined by the value set in '''Time In Force''' field (see [[Depth_of_market_(DOM)#Setting_Time_in_Force|Setting Time in Force]]); | ||
<div class="note">If you click below Best Ask price in Sell column or above Best Bid price in Buy column, a Stop order will be sent by default. To send Sell limit orders below Best Ask price or Buy limit orders above Best Bid price hold Shift button and click on the price at which you want to send an order.</div> | <div class="note">If you click below Best Ask price in '''Sell''' column or above Best Bid price in '''Buy''' column, a Stop order will be sent by default. To send Sell limit orders below Best Ask price or Buy limit orders above Best Bid price hold '''Shift''' button and click on the price at which you want to send an order.</div> | ||
* Drag-and-drop Limit order icon to the price scale near corresponding price in Bid Size column (buy order) or Ask Size column (sell order); | * Drag-and-drop Limit order icon to the price scale near corresponding price in '''Bid Size''' column (buy order) or Ask Size column (sell order); | ||
<div class="note">If you drag and drop limit order icon above Best Ask price, a Sell Limit order will be placed regardless of the column where you drag the order to (Buy or Sell). If you drag and drop limit order icon below Best Bid price, a Buy Limit order will be placed regardless of the column where you drag the order to (Buy or Sell).</div> | <div class="note">If you drag and drop limit order icon above Best Ask price, a Sell Limit order will be placed regardless of the column where you drag the order to ('''Buy''' or '''Sell'''). If you drag and drop limit order icon below Best Bid price, a Buy Limit order will be placed regardless of the column where you drag the order to (Buy or Sell).</div> | ||
* Hold the Ctrl (or Shift) key on the keyboard and click Buy Bid/ Buy Ask or Sell Bid/Sell Ask buttons. | * Hold the Ctrl (or Shift) key on the keyboard and click Buy Bid/ Buy Ask or Sell Bid/Sell Ask buttons. | ||
<div class="note">When the Ctrl key is held, the Buy Mkt and the Sell Mkt buttons will become Buy Bid and Sell Bid buttons respectively. When the Shift key is held, the Buy Mkt and the Sell Mkt buttons will become the Buy Ask and the Sell Ask buttons respectively.</div> | <div class="note">When the Ctrl key is held, the Buy Mkt and the Sell Mkt buttons will become Buy Bid and Sell Bid buttons respectively. When the Shift key is held, the Buy Mkt and the Sell Mkt buttons will become the Buy Ask and the Sell Ask buttons respectively.</div> |