Guide

Every indicator in Swiftedge Depth, explained

By Swiftedge · Published

Swiftedge Depth has the live order book heatmap at its core and 35 indicators you can add from + add indicator, plus drawing tools and a footprint chart. Every indicator has an ⓘ next to it on the chart that links here. All of it is free and describes the data; none of it is a signal or advice.

Order flow

Liquidity

Resting limit orders in the order book by price and time: green bids below price, violet asks above. Brighter means more size. The heatmap is the order book over time. Each column is a snapshot (four a second); each row a price. Bright bands that stay in place are large resting orders, often called walls. Watch whether price stops at them, eats through them or whether they disappear before price arrives (pulled). More: What is an order book heatmap?.

Bubbles

Every trade as a bubble: teal for aggressive buys, violet for aggressive sells; the size is the volume. A trade happens when someone crosses the spread. The aggressive side (the taker) decides the colour. Clusters of large bubbles show where urgency was; large bubbles against a wall that holds are absorption. More: Takers, makers and absorption.

Executions

Lasers across the chart for unusually large trades, so they stay visible when you zoom out. Large single trades are drawn as horizontal lasers at their price, so you can see later where size traded.

VWAP

The volume-weighted average price since 00:00 UTC: the average price paid per coin today. VWAP weights every trade by its size. Price above VWAP means today's buyers are, on average, in profit. For weekly, monthly, session and rolling VWAPs with bands, use VWAP bands & anchors.

Mentor

A rule-based reading of the chart in seven steps: structure, liquidity, volume profile, flow, timeframes and positioning, with an invalidation level. Mentor writes down what the data shows in a fixed order and where that reading would be wrong. It is descriptive, not a forecast.

Session Orbs

The opening range of the Tokyo, London and New York sessions, with targets and how often they were reached historically. Each session's first minutes set a range. The orbs show it, its relative size and extensions above and below with historical hit rates.

Stacked imbalance zones

Zones where aggressive buyers (or sellers) outweighed the other side several times over on several price levels in a row. Compared diagonally like a footprint chart: buying at one price against selling one level below. Three or more in a row form a zone that extends until price trades through it. More: Stacked imbalances explained.

Imbalance readout

Two live numbers: how lopsided the order book is near price, and how lopsided aggressive volume was in the last minute. (Bids − asks) / (bids + asks) within a band around price, and the same for aggressive buy and sell volume. +100 % means only bids or only buying.

Candle stats (volume & delta)

The footprint's stats table under normal candles: volume, delta and delta % for every candle, optionally buy, sell and cumulative delta, in coin or USD. Delta = aggressive buying minus aggressive selling in the candle; delta % = delta / volume. The numbers are the same as in the footprint's table (same trades). A big up candle with negative delta means price rose while sellers hit bids: absorption or a squeeze. Works on candles from 5 seconds up. Zoom in to see the numbers; zoomed out, the colours show volume and delta. Drag the table's top edge to resize it, or minimize it.

CVD divergence

Marks where price made a higher high (or lower low) while cumulative volume delta did not, on the chart and in a CVD pane, with an optional alert. CVD adds up aggressive buying minus selling per candle (from the exchange's own taker volume). When price makes a new high but CVD makes a lower high, the push was done with less aggressive buying: a bearish divergence; the opposite at lows is bullish. Hidden divergences (optional) are the trend-continuation version. Divergences are context, not timing signals. More: What is CVD? Cumulative volume delta.

Volume & VWAP

VWAP bands & anchors

Daily, session, weekly, monthly and rolling VWAPs, with ±1, 2 and 3 standard deviation bands. Each VWAP restarts at its anchor: 00:00 UTC, each session start, Monday 00:00 UTC, the first of the month, or a rolling window. The bands show how far price is from the average in standard deviations of the volume-weighted price. Calculated from 1-minute (daily, session), 5-minute (weekly) or 15-minute (monthly) candles. For a VWAP from any point, use the Anchored VWAP drawing tool.

Volume profile

Traded volume at each price per day, session, week, a composite of the last hours or the visible range, with POC, value area and naked POCs. The point of control (POC) is the price with the most volume; the value area is where 70 % of volume traded, from VAL to VAH. A naked POC is a previous POC that price has not traded at since, often watched as a magnet. Show volume, buy and sell, or delta. The last 48 hours come from every trade; the weekly profile spreads 5-minute candle volume over each candle's range. The Volume profile (range) drawing tool makes a profile over any interval you drag. More: Volume profile chart, explained.

TPO profile

Market profile: a letter for every 30 minutes price traded at each level, with POC, value area, initial balance and single prints. Time price opportunities count how long price spent at each level rather than how much traded. A, B, C ... mark the half-hour periods from 00:00 UTC. The initial balance is the first hour's range; single prints are levels touched in only one period, where price moved fast. More: TPO chart (market profile), explained.

Options & derivatives

Liquidations

Real forced closes from Binance, OKX and Bybit: orange when a long was liquidated, cyan when a short was; size by dollar value. Liquidations are market orders the exchange sends when a leveraged position runs out of margin. Clusters often come in fast moves. More: Bitcoin liquidations today.

GEX · Gamma exposure (options)

Estimated options gamma by price from Deribit, OKX and Bybit, with the gamma flip, call wall and put wall. The dealer positioning is an assumption. Gamma exposure estimates how much options dealers would need to hedge as price moves. Above the flip, hedging tends to dampen moves; below it, to add to them. The call wall and put wall are the strikes with the most call and put gamma. We publish how price reacted at past levels, and the levels as a free feed. More: What is GEX? Gamma exposure.

Classic indicators

Moving averages

Up to three simple, exponential or weighted moving averages of the close. A moving average smooths the close over N candles. Exponential and weighted versions react faster to recent prices.

Bollinger Bands

A moving average with bands a number of standard deviations above and below. When the bands narrow, volatility is low; wide bands mean high volatility. Closes outside the bands are statistically unusual, not automatically reversals.

Keltner Channels

An EMA with bands a multiple of the average true range away. Like Bollinger Bands but based on ATR, so the channel width follows the candle range instead of the close's standard deviation.

Donchian Channels

The highest high and lowest low of the last N candles, and their middle. A new high above the upper line is a breakout of the last N candles' range.

Ichimoku Cloud

Conversion and base lines, the cloud (leading spans A and B, plotted ahead) and the lagging span. Price above the cloud is often read as an uptrend, below as a downtrend; the cloud's thickness shows how far apart the two spans are.

SuperTrend

An ATR trailing line under price in uptrends and over price in downtrends; it flips when a candle closes through it. The distance is a multiple of ATR, so it widens in volatile markets.

Parabolic SAR

Stop-and-reverse dots that trail price and accelerate as the move continues; they flip on a break.

Pivot points

Classic, Fibonacci or Camarilla pivots from the previous day's or week's high, low and close. P is the average of the previous period's high, low and close; R and S levels are calculated from it and the range.

Previous day & week levels

Yesterday's and last week's high, low and close, and today's open at 00:00 UTC. Old highs and lows are where many stops and limit orders tend to sit, so price often reacts near them.

Fair value gaps

Three-candle gaps where price moved too fast to trade both ways; shown until price fills them. A bullish gap is the space between the first candle's high and the third candle's low when they do not overlap.

ZigZag

Connects swing highs and lows that moved at least a set percentage, with the size of each swing.

RSI

Relative strength index (0-100) in a pane, with 70/30 lines and an optional moving average. RSI compares the size of recent up closes with down closes. Above 70 is often called overbought and below 30 oversold; in strong trends it can stay there.

MACD

Moving average convergence divergence in a pane: the MACD line, signal line and histogram. MACD is the difference between a fast and a slow EMA; the histogram is MACD minus its signal line.

Stochastic

%K and %D in a pane: where the close sits within the recent high-low range (0-100).

CCI

Commodity channel index in a pane: distance from the average typical price in mean deviations.

ATR

Average true range in a pane: how far price moves per candle, in dollars and as a percentage of price.

ADX / DMI

Trend strength (ADX) with the plus and minus directional lines in a pane. ADX above about 25 is usually read as a trending market; +DI above −DI points up, the opposite down.

OBV

On-balance volume in a pane: volume added on up closes and subtracted on down closes.

MFI

Money flow index (0-100) in a pane: an RSI weighted by volume.

Relative volume

Each candle's volume against its average, coloured by whether buyers or sellers were the majority. 2x means twice the average volume; spikes often come with breakouts, liquidations or news.

Drawing tools and footprint

Anchored VWAP (drawing tool)

Click a candle to start a VWAP from that moment, with ±1 standard deviation bands. Common anchors: a swing high or low, a news spike, the start of a move. Find it in the drawing toolbar under Volume.

Volume profile (range) (drawing tool)

Drag over any time interval to see its volume profile with buy and sell volume, POC, value area and delta. Under Volume in the drawing toolbar.

Footprint chart

Bid × ask volume at every price inside each candle. In Chart style you can show delta, total volume or the buy share per cell, colour cells by volume or delta, mark the value area per candle, unfinished auctions (both sides traded at a candle's high or low, often revisited), absorption (heavy aggressive volume at an extreme while the candle closes the other way) and exhaustion (almost no volume at the extreme), highlight cells far above the average, and add buy, sell, cumulative delta and POC rows to the table.

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