The Upstox Scalper Terminal features a weighted market depth view for traders that adds another layer of insight into liquidity available at various price levels. This is especially beneficial for scalpers who want to place a lot of orders and want to evaluate the genuine market depth to act quickly.

Step 1:

Navigate to the Execution Panel of the layout of your selected underlying strike price. This confirms the market depth view is associated with the instrument you are going to trade.

Step 2:

Hover it over the price above the Buy/Sell button. This will cause the Market Depth window to appear.

Step 3:

Change the view from "Normal" to "Weighted" market depth. The Weighted Market Depth view will show the actual liquidity that exists at price levels making it easier to plan your larger lot trades.

Additional Information

The Weighted market depth is only available for NFO indices, including Nifty, Bank Nifty, Finnifty, and Midcap Nifty. Weighted Market depth is not available for the BFO Sensex Index, so traders of that instrument will need to rely on the normal market depth view.