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

# Net Longs

> Net long positioning from order book depth data.

## Overview

**Net Longs** measures the net long bias extracted from order book depth data. It quantifies how much buying interest (bid-side depth) exists relative to a baseline, giving you a read on passive buyer positioning before trades actually execute.

Unlike trade-based indicators (CVD, Delta), Net Longs shows *intent* — orders sitting in the book waiting to be filled.

## How It Works

The indicator analyzes order book snapshots at regular intervals and computes the net long bias at a configurable depth bucket. The `depthIndex` parameter selects which depth level to analyze — higher indices look deeper into the book, capturing larger passive orders that are further from the current price.

## Chart Type

| Property    | Value                      |
| ----------- | -------------------------- |
| Type        | Subchart                   |
| Position    | Below main chart           |
| Data source | Order book depth snapshots |

## Settings

| Parameter          | Description                       | Default   |
| ------------------ | --------------------------------- | --------- |
| color              | Bar/line color                    | `#22c55e` |
| depthIndex         | Depth bucket to analyze (0-9)     | `3`       |
| displayMode        | Rendering style                   | `columns` |
| highlightAnomalies | Flag statistical outliers         | `false`   |
| anomalyThreshold   | Standard deviation multiplier     | `2.5`     |
| anomalyPeriod      | Lookback period for anomaly stats | `30`      |
| gradientIntensity  | Fill gradient strength (0-1)      | `0`       |

### Depth Index

The `depthIndex` parameter controls how deep into the order book the indicator looks:

| depthIndex | Typical Range | Use Case                              |
| ---------- | ------------- | ------------------------------------- |
| 0-2        | Near best bid | Scalping, short-term positioning      |
| 3-5        | Mid-depth     | Swing trading, general analysis       |
| 6-9        | Deep book     | Institutional positioning, macro view |

<Note>
  Lower depth indices show more volatile, frequently changing positioning. Higher indices capture larger passive orders that change less often and may reflect institutional intent.
</Note>

## Interpretation

### Rising Net Longs

Increasing long positioning in the order book suggests growing buying interest. When this precedes a price rally, it can indicate informed positioning.

### Declining Net Longs

Passive buyers pulling their orders is a sign of weakening conviction. If this happens while price is still elevated, it may foreshadow a pullback.

### Divergence from Price

Net Longs falling while price rises suggests that passive buyers are not supporting the move — the rally may be driven purely by aggressive market orders and could run out of fuel.

<Tip>
  Compare Net Longs with Net Shorts for a complete view of market positioning. When both are elevated, expect volatility. When one dominates, the market has a directional bias.
</Tip>

## Practical Examples

* **Bid stacking**: Net Longs rising sharply below a key support level — passive buyers defending the zone.
* **Trap detection**: Net Longs high at resistance while price fails to break — buyers may be trapped if the level holds.
* **Pre-move signal**: Net Longs building during consolidation — potential breakout to the upside.

## Related Indicators

* [Net Shorts](/en/indicators/metrics/net-shorts) — the sell-side counterpart
* [Net Longs/Shorts](/en/indicators/metrics/net-longs-shorts) — combined overlay of both
* [Open Interest](/en/indicators/metrics/open-interest) — total outstanding positions