I know many use it and some actually benefit by it but I like to see price, not color blobs. And especially time of each bar.
NQ Long Trade
- Thread starter allandt13
- Start date
You can see the amount of contracts traded by hovering your mouse over the bubble, you can also add a DOM to it and see the quantity of Stops and Icebergs on the Heatmap
Nice but time and price is it for me.
It has time and price, you can add a column that shows time and price as well
Of course it does.
But thanks I am a very happy content TradeStation user for well over 20 years.
Got a question about "..... the value range between 12,962 and 12,987,...." what time was this? The range, not when software highlighted this.
Well many people use Bookmap for analysis and execute their trades on their platform of choice…you can see the time of that range on the bottom, it was from around 11:45 ET - 12:15 PM ET…was balancing for 30 minutes and thought the NQ would go back to the downside but as usual what I think isn’t right and just have to trade what you see…although sometimes easier said than done!
Anyone now what formula bookmap uses for the 'size liquidity' levels.
seems to work ok, but also arbitrary, compared to the book.
seems to work ok, but also arbitrary, compared to the book.
You mean the lines of liquidity? They take the data from Rithmic or whatever data provider you have and populate the data so you can see it visually…as of now only Rithmic has MBO (market by order) data which you need to see the Stops and Iceberg orders.