Visualization
Market Microstructure Heatmap
"Price × Liquidity × Time—the three dimensions of market structure."
Parameters
Display
Reading the Heatmap
Low liquidity zones
Moderate volume
High activity
Peak liquidity
Volume-weighted price
Order book depth visualization over time (simulated NEPSE data)
How it works
- • Bright areas show where liquidity concentrates
- • Dark gaps indicate potential slippage zones
- • The white line traces volume-weighted average price (VWAP)
What this means for investors
Kekkei analyzes market microstructure in real-time to optimize execution. By understanding where liquidity sits, we can time trades to minimize market impact and avoid slippage through thin order book regions. This granular understanding of market structure is invisible to most retail traders.