Dhan has recently introduced the 20 Depth feature for options trading, currently available to select users in beta testing. This new feature enhances the trading experience by providing a more detailed view of the market, specifically for options on NSE-traded indices, stocks, and futures.

Overview of the 20 Depth Feature

The 20 Depth functionality offers traders access to the top 20 bid and ask prices, allowing for a deeper understanding of market dynamics. This contrasts with traditional market depth views that typically show only the top 5 bids and asks. The key benefits include:

• Increased Market Insight: Traders can see more levels of orders, which helps in assessing liquidity and potential price movements.
• Enhanced Decision-Making: With access to additional data points, traders can make more informed choices regarding their trades.
• Real-Time Updates: The feature provides live updates on bid and ask prices, allowing traders to react swiftly to market changes.

Current Availability

At this stage, the 20 Depth feature is rolled out to select users who are actively trading on Dhan. They plan to expand access to all users in the near future. This phased rollout allows Dhan to gather feedback and make necessary adjustments before a wider release.

Accessing the 20 Depth Feature

The 20 Depth for Options Trading will be available through Dhan’s Charting Console at tv.dhan.co in the coming days. This platform allows users to trade directly from charts, utilizing advanced tools and indicators provided by TradingView.

The introduction of the 20 Depth for Options Trading represents a significant advancement in trading capabilities on Dhan. By offering a more comprehensive view of market depth, this feature aims to empower traders with better insights and improved decision-making tools. As Dhan continues to enhance its platform, users can look forward to more innovative features that cater to their trading needs.

Positive User Feedback on Dhan’s 20 Depth Feature Announcement

The announcement of the 20 Depth for Options Trading feature on Dhan’s forum has garnered overwhelmingly positive user feedback. Traders have expressed excitement about the real-time data streaming, which allows them to see bid-ask prices in greater detail, enhancing their trading strategies. Users reported that the feature operates smoothly without adding strain to their computer’s memory performance. This positive feedback highlights the efficiency of Dhan’s platform, ensuring that traders can utilize the 20 Depth feature without experiencing any lag or performance issues.