How to use trading view "DOM" to place order faster
Understand the DOM Interface:[/i] The DOM panel displays the bid and ask prices along with the order book depth for the selected trading pair. The bid prices are listed on the left side, and the ask prices are on the right side. Each price level shows the quantity available at that price.
Place an Order: To place an order using the DOM, you have two options: market order or limit order.
Market Order: To place a market order, simply click on the bid or ask price level at which you want to enter the trade. The order will be executed at the best available price in the market.
Limit Order: To place a limit order, click on the bid or ask price level where you want to set your desired entry price. A limit order form will appear, allowing you to specify the quantity, order type (buy/sell), and order duration (GTC, IOC, etc.). Fill in the necessary details and click "Submit" or "Place Order" to execute the limit order.
Confirm and Monitor: After placing the order, review the order details in the confirmation window that appears. Ensure that the order parameters, such as quantity and price, are correct. Once confirmed, the order will be sent to the exchange for execution. Monitor your open orders and position in the TradingView interface.
It's important to note that TradingView's DOM feature serves as a visualization tool and connects with supported brokers/exchanges to facilitate order placement. Make sure you have an active trading account integrated with TradingView or use a supported brokerage service to execute orders seamlessly.
Remember to practice caution while trading, and always double-check your order details before submitting them.
Place an Order: To place an order using the DOM, you have two options: market order or limit order.
Market Order: To place a market order, simply click on the bid or ask price level at which you want to enter the trade. The order will be executed at the best available price in the market.
Limit Order: To place a limit order, click on the bid or ask price level where you want to set your desired entry price. A limit order form will appear, allowing you to specify the quantity, order type (buy/sell), and order duration (GTC, IOC, etc.). Fill in the necessary details and click "Submit" or "Place Order" to execute the limit order.
Confirm and Monitor: After placing the order, review the order details in the confirmation window that appears. Ensure that the order parameters, such as quantity and price, are correct. Once confirmed, the order will be sent to the exchange for execution. Monitor your open orders and position in the TradingView interface.
It's important to note that TradingView's DOM feature serves as a visualization tool and connects with supported brokers/exchanges to facilitate order placement. Make sure you have an active trading account integrated with TradingView or use a supported brokerage service to execute orders seamlessly.
Remember to practice caution while trading, and always double-check your order details before submitting them.
Disclaimer
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