# Orderbook

{% embed url="<https://www.youtube.com/watch?v=PG9AHdOIIG4>" %}

<figure><img src="/files/doMB3SNuniNOJ483NECr" alt=""><figcaption></figcaption></figure>

The Orderbook shows the live stack of asks and bids on the selected instrument. The dimmed (background) colored volume bars aim to represent on either side of the book the volume at a single price row as well the cumulative volume on the whole side. If a linked Execution Panel or Place Order component has a Price input (e.g. for Limit), a specific price from the Orderbook can be selected by clicking on the price column.

The **Pull/Stack Meter** in the top left is a time series and shows Adds in the upper half and Removes in the lower half per order book side (bids green, asks red). The length of the bars are stretched to the currently longest bar, for which the size is displayed at the top left.

In the middle the **last traded price** is displayed.&#x20;

In the top right a meter shows:\
\- **IMB** for Imbalance: Normalized ratio of visible bids vs asks\
\- **UPD** for Update rate: Frequency of Orderbook Updates\
\- **WGT** for Weight: the Volume weighted change of bids vs. asks

The component is very customizable via its settings menu and its layout (vertical or horizontal) adapts with the sizing of the component.

<figure><img src="/files/LAIbKimDd0fbZvsVdSWO" alt=""><figcaption></figcaption></figure>

It also shows the user’s resting orders in the book with highlighting the specific price and the order's size next to the volume column:&#x20;

<figure><img src="/files/gl292G1mK6n78g0NlZ9r" alt=""><figcaption></figcaption></figure>

In the top right you find three buttons:

**m-Button**: Abbreviated values for size can be selected via the **k/m** button e.g. “1.24 M” rather than “1,240,000”.

**$-Button**: Conversion to **USD** is also available on selected instruments by pressing the button.

The small wheel button opens the component's **Settings Menu**.

<figure><img src="/files/ME1zGJFc4I2Ul92DQXD9" alt=""><figcaption></figcaption></figure>

**Rows Column**

**Grouping**: Prices can be grouped via the small wheel button according to the number displayed. So for "10", the displayed bid prices will decrease by 10, ask prices will increase by 10.\
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**Size** scales the row height and text size.\
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**Text scale** adjusts the text size according to the current Size setting.\
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**Vol. Visibility** adjusts the brightness of the bids and asks at each respective row.\
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**Cum. Visibility** adjusts the brightness of the cumulative Volume on each side.\
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**Volume Text**, **Cumulative Text** and **Price Text** toggle on/off the display of the respective figure.<br>

**Delta Tracing Column**

**Ignore Rows:** Filters out activity from the price rows at the top of the book. Animations and meters will ignore activity at those rows.\
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**Delta Filter:** Any activity below the size threshold will be ignored for animations and the meters.\
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**Flash Animation**: flashes for changes (adds or removes) at a price row. Toggle **Price** or **Row** to show the flash only in the price column or over the whole row. **Speed** adjusts the fade time of the flash. **Visibility** sets the brightness of the flash.\
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**Drifter Animation** shows adds and removes in the Orderbook. They start at their respective price row, which also sets their speed, the the size of change/delta determines the animation's size.\
**Maximum** sets the max. visible Drifter Animations.

**Pull/Stack Meter** shows/hides the Pull/Stack Meter in the top left.

**IMB/UPD/WGT Meter** toggles on/off the Meter for Imbalance, Update rate and Weight in the top right. The Meter's smoothing can also be adjusted.

**60fps Mode:** Disables all performance optimizations and makes the animations look smoother. It may have a negative impact on the app's performance\
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**Reset All:** reset the component settings to default.


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