> ## Documentation Index
> Fetch the complete documentation index at: https://openproofs.pro/llms.txt
> Use this file to discover all available pages before exploring further.

# Understanding Real-Time Market Data on FORXEA's Platform

> Learn how to read and use FORXEA's real-time market data feeds, including price quotes, volume, bid/ask spreads, and economic calendar events.

Every trade you place begins with data. FORXEA streams real-time market data directly into the platform so you can act on accurate, up-to-the-moment information rather than stale snapshots. This guide explains what each data field means, how to read charts and market depth, and how to use economic calendar overlays to stay ahead of scheduled market events.

## Reading a Price Quote

When you open an instrument on FORXEA, the quote panel displays several data points. Understanding each one helps you assess conditions before you commit to a trade.

| Field          | What It Shows                                                                                    |
| -------------- | ------------------------------------------------------------------------------------------------ |
| **Last Price** | The most recent price at which the instrument traded.                                            |
| **Bid**        | The highest price a buyer in the market is currently willing to pay.                             |
| **Ask**        | The lowest price a seller in the market is currently willing to accept.                          |
| **Spread**     | The difference between the bid and the ask. A tighter spread means lower cost to enter and exit. |
| **Day High**   | The highest price reached during the current trading session.                                    |
| **Day Low**    | The lowest price reached during the current trading session.                                     |
| **Volume**     | The total number of units or shares traded so far in the session.                                |
| **% Change**   | The percentage move from the previous session's closing price.                                   |

<Info>
  FORXEA displays two types of prices in different contexts: **indicative prices** reflect the current market mid-price and are used for display and charting purposes, while **executable prices** (bid/ask) are the actual prices at which your orders will be filled. Always check the bid/ask spread before placing an order.
</Info>

***

## Chart Data

FORXEA's charts use **candlestick** (OHLC) notation by default. Each candle represents a defined time period — one minute, one hour, one day, or any timeframe you select — and encodes four pieces of information.

| Component | Meaning                                      |
| --------- | -------------------------------------------- |
| **Open**  | The price at which the period began.         |
| **High**  | The highest price reached during the period. |
| **Low**   | The lowest price reached during the period.  |
| **Close** | The price at which the period ended.         |

**Reading candle colour:**

* A **green** (hollow or filled green) candle means the close price was higher than the open — the instrument moved up during that period.
* A **red** (filled red) candle means the close price was lower than the open — the instrument moved down during that period.

The thin lines extending above and below the candle body are called **wicks** or **shadows**, and they show the full high-to-low range of the period beyond the open and close.

<Tip>
  Change the chart timeframe using the controls at the top of the chart panel. Short timeframes (1m, 5m) show granular intraday moves; longer timeframes (1D, 1W) reveal broader trend structure. Most traders use multiple timeframes together.
</Tip>

***

## Volume and Liquidity

The **Volume** bar displayed beneath each candle shows how many units were traded during that period. Volume is one of the most important context signals on any chart.

* **High volume** indicates strong participation. It is easier to enter and exit positions quickly, and the bid/ask spread is typically tighter.
* **Low volume** indicates thin participation. Orders may take longer to fill, spreads can widen, and price moves can be more erratic.

When a large price move occurs on high volume, it generally carries more significance than the same move on low volume — the market has more conviction behind it. Use volume alongside price action rather than in isolation.

***

## Market Depth

The **Market Depth** view (also called the order book) shows all queued orders waiting to be filled at each price level above and below the current market price.

* **Left side (Bids)** — buy orders waiting to be filled, shown in descending price order. The top bid is the highest price a buyer is willing to pay right now.
* **Right side (Asks)** — sell orders waiting to be filled, shown in ascending price order. The top ask is the lowest price a seller is willing to accept right now.

Depth levels show the cumulative volume of orders stacked at each price. A large cluster of orders at a particular level can act as support (on the bid side) or resistance (on the ask side).

To open the Market Depth view, click the **Depth** tab within the main content area when an instrument is selected.

<Note>
  Market depth data reflects the visible order book only. Not all orders in the market are displayed here — large institutional orders are often placed in dark pools or broken into smaller pieces, so depth alone does not tell the complete picture.
</Note>

***

## Economic Calendar

FORXEA can overlay scheduled economic events directly onto your charts so you can see exactly how price behaved around past announcements, and plan for upcoming ones.

Events covered include:

* **Earnings releases** — quarterly results from listed companies.
* **Central bank announcements** — interest rate decisions and policy statements from the Bank of England, Federal Reserve, ECB, and others.
* **Macro data releases** — GDP, inflation (CPI), employment reports, PMI, and other scheduled economic indicators.

**To enable the economic calendar overlay:**

1. Open a chart for any instrument.
2. Click the **Events** or **Calendar** icon in the chart toolbar.
3. Toggle the event categories you want to display.

Calendar events appear as labelled markers on the time axis of the chart. Click a marker to see the event name, the actual result, and the consensus forecast where available.

***

## Data Refresh and Latency

FORXEA streams market data in real time over a persistent connection. Under normal conditions, display latency is typically **under one second** from the exchange timestamp to what you see on screen.

If you notice prices appear frozen or the connection indicator in the top bar shows a warning, press `R` to manually trigger a data refresh. FORXEA will re-establish the stream automatically, but a manual refresh resolves most display issues instantly.

<Note>
  Data availability and latency may vary depending on your account tier. Some instruments or markets may carry a **15-minute delayed feed** on entry-level accounts. Upgrade to a professional data plan to access real-time feeds across all markets. Check your account settings to see which data packages are active on your account.
</Note>