Yes, I use Rithmic feed. Rithmic has full market depth, whereas CQG offers only 10 levels (except for Oil I heard). With CQG, you can see near-by liquidity, but not old sitting liquidity which has been there for a while looking for price to come to it.
With this chart template, it is better to use lower time frames. I would say 1 min is max, or else use 30 seconds to see the reaction.
Market Depth can show an area of interest at very least. And in some ocassions, it can be used solely to generate trade ideas as well.
You can also just hide the candles altogether and display the bid/ask average prices and then the chart will look more like this.
With this chart template, it is better to use lower time frames. I would say 1 min is max, or else use 30 seconds to see the reaction.
Market Depth can show an area of interest at very least. And in some ocassions, it can be used solely to generate trade ideas as well.
You can also just hide the candles altogether and display the bid/ask average prices and then the chart will look more like this.
@trader_umr
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