Building Walls

Having in your stock a sufficient amount of funds, you can greatly influence the price. One of these tricks is price containment or price support through the building of walls.

What Is a Wall

Wall is a limit order for the purchase or sale of a large volume, in the approach to which the price stops or bounces and goes back. For example, having the current price 1,200, you can set a limit order for the sale of 100 GOLD, at the price of 1,250. Until there is enough funds in your order to meet the current demand, the transactions will not take place above this price.

Wall on the Chart

The walls are clearly visible in the bid/ask chart. The screenshot shows a sell wall: an order for 40 GOLD at the price of 1,100, at this price the red line sharply goes up.

A Corridor of Two Walls

You can install walls in two directions at once, forming a band.

This chart greatly affects the behavior of players who have a small amount of funds and follow the trend. Only a stronger player will be able to tear down your wall at once, or it will take some time until your wall is bough by the market demand.