You can learn about these custom indicators within the learning resources on Bookmap’s website – read on for more on their learning tools. These indicators include the Imbalance Indicator, Iceberg Detector, Large Lot Tracker, Advanced Volume Delta, and more. The third feature are custom indicators that were created by Bookmap developers, whose expertise is in High Frequency Trading, or HFT. This’ll allow a trader to quickly see changes in market volume which often means an opportunity for a trade. Secondly, the size of the dot corresponds to the relative volume. This shows you who is more in control, the bulls trying to push price higher. First, the dot will show the proportion of buy orders at the ask (in green) vs the number of sell orders at the bid (in red). The dots help visualize two key pieces of information. The bookmap platform has both volume bars, located at the bottom of the chart, and “volume dots”. The next feature of our Bookmap review is volume. It’ll help you trade stocks with confidence. The darker the color, the more orders are at the corresponding price (and the colors are even customizable!)Ī day trader can use this information to get earlier entries on their trades and increase their profitability per trade. The heatmap shows the historical limit order book for each price level and color codes them so you can quickly visualize support and resistance areas. Let’s take a look at the heatmap in this Bookmap review. Our Bookmap review will go over each one. And the third feature are custom indicators. The first is “heatmap.” The second is volume. Let’s get into what all that means a little deeper.īookmap breaks its features into three sections. Their goal is to help you “Identify market trends and hidden price patterns with high precision.” OK, that’s quite a mouthful. Bookmap is an incredibly powerful tool to visualize liquidity zones in the market in real time to help you make better buying and selling decisions in your trading – and it works for stocks, futures, and crypto! Read our bookmap review below to learn more!īookmap, developed by a high frequency/algorithmic traders, describes itself as a platform that “accurately shows the entire market liquidity and trading activities.”
Liquidity Tracker Pro (LT Pro) - shows the current state and historical view of the Bid and Ask liquidity in the entire market depth (limit orders).Get on chart indication of when Icebergs were detected, traded, fully executed or cancelled Icebergs On-Chart - accurately tracks the evolution of Iceberg orders.Stops & Icebergs (SI) Sub-Chart - accurately displays the executions of Stop and Iceberg orders, includes filtering of orders by their size, and more.To load any of the jar files into Bookmap, click Settings -> Addons -> Add, and select the jar file.
Download the Liquidity Tracker Pro here.