Dynamic Depth Report
Printed From: BullCharts Forum
Category: BullCharts
Forum Name: BullCharts discussion
Forum Discription: General discussion about getting started with BullCharts and exploring its features.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=267
Printed Date: 20 Apr 2025 at 2:40pm
Software Version: Web Wiz Forums 9.69 - http://www.webwizforums.com
Topic: Dynamic Depth Report
Posted By: Dingo
Subject: Dynamic Depth Report
Date Posted: 15 Jul 2005 at 2:25pm
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What do the coloured bands represent in the Dynamic Depth Report?
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Replies:
Posted By: Tim Allen
Date Posted: 15 Jul 2005 at 2:47pm
The four coloured bands (yellow, green, blue, red) are a visual indicator of the number of shares available at each of the top four levels of Bid (or Ask, depending on which side).
For example, at the moment Telstra's top four levels of Bid are at 402,000, 641,000, 2,000,000, and 1,000,000 respectively. Thus, the yellow band is a thin sliver, the green band is about 150% as wide, the blue band is about 500% as wide, and the red band is about 250% as wide (as the first band).
You'll also note that sometimes one of the 'bid' or 'ask' bars has an extra black line across it, somewhere down toward the end. If there's a different number of bids and asks, the extra black line appears on the smaller side to show how much of an imbalance there is. You can get a clearer picture of how this works if you turn on "Cumulative Qty B/A" at the bottom of the dynamic depth report.
For example, at the moment Telstra has about 12,000,000 shares in the 'bid' column, but only about 5,000,000 in the 'Ask' column. Therefore the little black line appears on the 'Ask' side, slightly less than halfway along - because there's slightly less than half as many 'Asks' as there are 'Bids'.
Hope that helps!
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Posted By: Dingo
Date Posted: 15 Jul 2005 at 6:26pm
got it now, thanks.
Because the colours are the same on both sides, I was trying to see if
there was some link between the B and A sides relating to the same
colour bands.
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