What is "Zero Trade Volume Prices"?

[kartz]

What does “Zero Trade Volume Prices” mean? I see this option in tv.dhan like in the screen shot below:

And is this the 20-level market depth chart, by any chance? Bid/Ask is a pre-trade event and zero-trade volume price in this context isn’t clear to me. What am I missing?

Just to be more explicit as to why I am asking this, I see a lot of Zero-quantity Zero-price Zero-order values in de-serializing 20-level market depth data from the API, apart from negative quantity/order values. I wanted to confirm if this normal or issue in de-serialization. Coding by guessing the schema is one helluva task.

@Hardik

[Mohseen_Usmani]

Hi @kartz

When you untick the Zero Trade Volume Price option, prices with no active orders in the market depth will be hidden. Only prices with pending orders will be displayed.

For more details on the Depth of Market (DOM) and its functionality, you can refer to this guide: TradingView Support - Depth of Market (DOM).

In case you need additional clarification kindly reach here

[kartz]

@kartz

And is this the 20-level market depth chart, by any chance?

This question isn’t answered. What do you think @Mohseen_Usmani of it?

[Mohseen_Usmani]

Hi @kartz ,

Yes, this is the 20-level market depth you can read more on below post :

Introducing: 20-Depth for Equity & Options Trading on Dhan

Hello Traders, Speed matters for Traders. To be efficient, a trader needs two key things: information for analysis and execution speed. As a tech-driven trading platform, these are the very elements we focus on at Dhan. Our goal has always been to provide an information edge to our traders, helping them navigate the markets more effectively. Institutional Traders often have an advantage when it comes to both execution and information. At Dhan, we are working relentlessly to level the playing f…

[Hardik]

@kartz

I see a lot of Zero-quantity Zero-price Zero-order values in de-serializing 20-level market depth data from the API, apart from negative quantity/order values. I wanted to confirm if this normal or issue in de-serialization. Coding by guessing the schema is one helluva task.

On this, kindly let us know if all fields are returning incorrect results for you or some? Will take a look into this and get it corrected.