Can someone please tell me what the green and red bars are on the order book? I’ve been trading on binance for a while and I still havn’t figured out what they mean. Thanks.

Edit: I’m talking about the order book background horizontal bars of varying length that change, not the candles on the chart. .


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Posted in Binance Reddit

3 Comments

  1. vels13 on 20. June 2018 at 14:17

    I just spent 10 minutes staring at it and also couldn’t figure it out haha. Never noticed it before.

     


  2. muhkuh_extreme on 20. June 2018 at 14:17

    maybe multiple orders at the same price = green and red, single order = blank. But who knows.

     


  3. Rich--D on 20. June 2018 at 14:17

    I’ve always thought it is supposed to be a quick visual indicator of the volume value of that particular order, compared to the other visible orders.

    For example, looking at BNB/BTC recently, a buy order for 30 BNB had a green horizontal bar that completely filled the box, while a buy order for 15 BNB had a green horizontal bar that filled just half of the box.

    It seems to adjust dynamically as the order values change but does not appear to be 100% successful because all larger orders simply have a fully filled horizontal bar.

    Very small orders have a partially filled bar, but the bars are less noticeable because they are superimposed against the price in BTC.