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BID/ASK Indicator: Your Key to Successful Trading

In the world of trading, where every second counts, BID/ASK indicator becomes an indispensable tool for market analysis. It provides access to order book data, allowing traders to see the balance of supply and demand, identify key levels and predict price movement. In this article, we will tell you how BID/ASK helps beginners and professionals and why its functionality is unique.

What is the BID/ASK indicator?

BID/ASK Indicator collects bid and ask data from the order book, visualizing it in a convenient format. It shows the volumes of liquidity at different depths, helping to understand where the buying and selling forces are concentrated. This makes it ideal for cryptocurrency trading where the market is often driven by large orders.

Unlike standard indicators such as RSI or MACD, BID/ASK works with real order book data, providing traders with deep market analysis. Its flexible settings include:

  • Market Selection: Analyze the spot or futures market.
  • Data Display: Shows BID, ASK, and delta (the difference between them).
  • Volume Sum: Combines data for selected levels into one line.
  • Depth Comparison: Compares volumes at different levels with a fixed one. 60>
  • Flexible data sources: Analyze the current asset or totals, such as "TOTAL 2 WITHOUT BTC ETH".

PRO version expands the capabilities by adding depth levels from 0.3% to 60%, which is ideal for detailed market analysis.

Why does BID/ASK stand out from other tools?

Many platforms offer basic indicators like moving averages, but BID/ASK focuses on order book analysis , providing unique features that you won’t find in other services:

1. Flexible settings for any strategy

The indicator allows you to tailor the parameters to your trading style. You can choose the depth levels, include only BID or ASK, or analyze macro trends using totals. Such customization is rare even for paid platforms.

2. Real Liquidity Analysis

BID/ASK works with real-time data to identify support and resistance zones . High BID volumes signal demand, ASK volumes signal selling pressure. Delta shows who is dominating, which is especially useful for scalping and day trading.

3. Exclusive Features

Features like "Compare To Depth" and totals analysis (e.g. excluding BTC and ETH) give traders a unique perspective. This allows them to see the market without the noise of large assets, something that standard tools do not offer. <97> <98> <99> 3.

4. Simplicity and clarity

The data is displayed as lines: green - BID, red - ASK, blue - delta. A positive delta indicates sellers' pressure, a negative one - buyers' pressure. This makes the analysis intuitive even for beginners.

How to Use BID/ASK in Trading?

The BID/ASK indicator is suitable for different cryptocurrency trading strategies. Here is how you can use it:

  • Finding Support and Resistance Zones: High BID or ASK volumes show key levels where the price may stop.
  • Pressure Analysis: Delta helps you understand who is in control of the market by predicting short-term movements.
  • Macro Analysis: Totals allow you to study the market without the influence of large assets like Bitcoin.
  • Scalping: Depth comparison reveals liquidity imbalances, ideal for quick trades.

Try BID/ASK today!

If you are looking for a tool that will give you an edge in cryptocurrency trading , BID/ASK is your best choice. Its unique features, flexibility, and deep order book analysis will help you make accurate decisions. Regardless of your experience level, this indicator will open new opportunities for success in the market.

Start using BID/ASK right now. Register on our platform and see how it can transform your trading strategy!