Liquidity Swarm Chart
APEXE3HQ avatar
Written by APEXE3HQ
Updated over a week ago

Being able to understand the intent of market participants gives the trader an edge in better evaluating market conditions. A ‘Swarm’ of market participants across venues depict this intent much better than a single orderbook of a market on a single exchange.

Visualising this Swarm of market participants easily and intuitively is not so straightforward. It requires thinking about how to represent this information spatially so a trader can appreciate very quickly what is happening on which venue for a given market.

While the Global Aggregated Orderbook provides this deep context, the Swarm Visualisation gives the trader an even deeper sense of what the market is looking to do. It is easier for a human mind to comprehend market participants movements when looked at spatially → horizontally. We naturally read from Left to Right ,and dots, colors present an easier pictorial representation of this orderflow.

Quick-Start: Gain an edge in Scalping BTC USD perp swap with the Liquidity Swarm for easily viewing depth across exchanges

  1. Select Markets from the navigation menu

2. In ‘Search Markets’ type in ‘btc usd swap’ and select the option given

3. Select ‘Liquidity Swarm’ from the Tab below

4. Now you can see very clearly where bids (green) and asks (red) are being placed across the orderbooks for BTC USD perp swap on FTX, Kraken, BitMEX and OKEX.

The size of the circles represents the size of the order. The position of the circle is based on the price on the Y-Axis.

5. You can now discover large orders on one exchange that are not yet present on a different exchange, allowing you to take positions with much better knowledge of where the market as a whole wants to move

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