Trade bubbles and large trades

Trade bubbles show large market orders directly on the chart: as a circle at the price and in the candle where they traded. The larger the circle, the larger the trade. Cyan means buys, red means sells. This lets you see at a glance where someone entered the market with size.

Trade bubbles are available in all plans, for cryptocurrencies. For other symbols the entry says “… has no trade data.”

Add

Top bar → Indicators (or /) → Order flow tab → Trade bubbles → + Add. To open the settings, double-click the Trade bubbles row in the legend or use its gear.

How to read the circles

• A circle is one taker order. Partial fills on the same exchange, side and millisecond count together as one trade.
• The area grows with the amount, measured against the largest trade in the visible range. If you zoom out, the circles get smaller.
• Large circles show their amount in millions of dollars, for example “2.0M”.
• When you hover over a circle, the legend shows the side, amount and price, for example “Buy $1.2M @ 64,012”.
• Small circles sit below large ones, so the large ones always stay visible.

Settings

The default of 250 means $250,000.

Large trades elsewhere

• In the trade tape, Highlight large trades highlights every trade of $200,000 and up. With Sound you hear large trades as a longer tone, with one more note each from $500,000, $1M and $5M.
• The trade tape's Minimum size (All, 1K $, 10K $, 100K $, 250K $, 500K $, 1M $) hides small trades, so only the large ones stay in the list.
• In the footprint you can see at which price levels a candle's large volume traded, even if it consisted of many small orders.