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TRADING GUIDE 06 / Check results

Propr charts and order bookChart timeframes.
Market-wide orders on the book.

Learn to switch timeframes and read the order book. Understand the 3 different prices shown on the screen.

At a glance

What do the timeframe and order book show?

A timeframe is the time represented by 1 candlestick; change it at the top left of the chart. The Order Book shows buy and sell orders across the market. Check your own orders in Open Orders.

A summary of this page prepared by this guide.

01

Switch timeframes

Timeframe menu
  1. 1
    Open hereClick “5m” at the top left to open the menu.
  2. 2
    Selected5 minutes means each 1 candlestick represents 5 minutes.
  3. 3
    IndicatorsOpens chart indicators.
After switching to a 1-hour timeframe
  1. 1
    1hSelect 1 hour and the top-left label changes to 1h.
  2. 2
    TitleThe chart title also shows the timeframe.
02

Read the Order Book

Order Book
  1. 1
    Sell ordersThe red side: market sell orders.
  2. 2
    SpreadThe difference between the nearest sell and buy prices.
  3. 3
    Buy ordersThe green side: market buy orders.
Screen labelMeaningPoints
PricePriceOrders placed at that price.
SizeSizeOrder size at that price.
TotalCumulativeSize summed from the top.
SpreadSpreadThe difference between sell and buy prices, separate from fees.
TradesCompleted tradesMarket-wide fills, not your personal history.
03

Distinguish 3 prices

Order book / chart price
Prices where market orders are placed or trades have filled.
Mark Price
The Hyperliquid reference price used for unrealized P&L, liquidation and TP/SL triggers.
Oracle Price
A reference based on prices from external exchanges and other sources. The mechanism differs by market.

FAQ

FAQ: Propr charts and order book

Q

What does “5m” mean?

AEach 1 candlestick represents 5 minutes. It serves a different purpose from the range buttons below the chart.

Q

Is Trades beside the order book my trade history?

AIt lists completed trades across the market. Check your own trades in Trade History.

Q

Are order book prices and the mark price the same?

AThey serve different roles. Order book prices are order prices; the mark price is a reference used to calculate P&L and liquidation.

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