XploreC Depth of Market Overlay
- Indicatori
- Versione: 3.51
- Attivazioni: 5
XploreC DOM Overlay is a Depth of Market pressure and liquidity indicator for MT5, designed to display market participation directly on the chart.
The tool provides a compact on-chart pressure map so traders can quickly read whether nearby price areas show stronger long pressure, short pressure, or neutral conditions without constantly switching to a separate Depth of Market panel.
The indicator includes two working modes:
Proxy DOM Mode
Proxy DOM Mode estimates pressure from historical market behaviour using selected timeframes. It is designed for a stable, always-available view when live market depth is not required or not available.
Live DOM Mode
Live DOM Mode uses broker-provided Depth of Market data, where available, to display real-time liquidity and participation around price. This can help traders confirm whether meaningful activity is appearing near important levels.
The purpose of the XploreC DOM Overlay is not to generate automatic buy or sell signals. It is built as a decision-support tool for traders who work with price zones, market structure, liquidity context, and scenario-based execution.
Main features:
- On-chart Depth of Market pressure overlay
- Proxy DOM Mode based on historical behaviour
- Live DOM Mode using broker-provided market depth where available
- Long, short, and neutral pressure visualization
- Optional high/low reference lines from selected timeframes
- Clean chart workflow without a separate DOM panel
- Designed for discretionary market analysis and scenario evaluation
Important:
Live DOM functionality depends on whether your broker provides Depth of Market data for the selected symbol. If live market depth is not available, Proxy DOM Mode can still be used for a historical pressure-based view.
XploreC DOM Overlay is an analysis tool only. It does not provide financial advice, guaranteed results, or automatic trading signals. Past market behaviour does not guarantee future outcomes.
