Do you have to pay for a new data feed to use Bookmap? I don't think my broker allows feeds to be shared between software.

Do you have to pay for a new data feed to use Bookmap? I don't think my broker allows feeds to be shared between software.

Hi Paps, Thank you for your feedback.

Please note that full market depth is already available.

Allow me also to comment your screenshot, mainly the fact that It display just 10 price levels of ES. The rest of the market depth on heatmap is the result of "Extended market depth" functionality. It simply extends the last known values for market depth outside 10 levels. Therefore in most cases it's not the actual market depth. In fact more than 90% of the chart area here represents not the actual market depth, but its extension, i.e. estimation. As you can see, only the 10 price levels above and below current price are being updated. Besides, you can switch off this feature and see zeros outside the 10 levels range.

Note that all stocks exchanges and crypto exchanges provide Full market depth, in many cases even order-by-order, so in their cases the Extended market depth is not needed. Full market depth means that, for instance, for MSFT (~$95) you receive market depth data for all the price levels from 0.01, 0.02, ... and up to 1999.99. Note that it doesn't increase very significantly the amount of data because most of the activity occurs near the current price. But it gives the full picture and allows to use market depth as indication for long term investments also.

We see that all "new bookmaps" that recently appeared in the industry use this "Extended market depth" functionality. When we added it to Bookmap 3 years ago it was indeed valuable because for Futures (e.g. CME) it was better than nothing. It was "the best guess". And because no other traders had access to the data outside 10 levels (or 20 in some cases), this feature was useful and at least could not harm. But since a year ago CME started to provide Full market depth (MBO - market by order). Since then this data is accessible by other traders. Moreover, those who have access to full depth (especially big traders) also know that a large proportion of traders do not have it, or that they have Extended depth instead. I would expect them to use this knowledge too.

So, in my opinion, currently "Extended market depth" feature does more harm than good for traders. I think it's even better to switch it off and see zeros outside the 10 levels rather then using "extended" while other traders have access to full depth. See those two images for example. One was created with 10 levels market depth and another with full market depth.

Note: Stage Five brokerage does provide connectivity to full market depth via Rithmic. Only in this specific case S5 Bookmap was connected to 10 levels data.

There are 2 main problems:

1. It can mislead a lot. For instance, compare orders that appear on "extended depth" at 2688 at 15:00. Or at 14:44 at 2696, and so on. According to "full depth", these orders were quickly cancelled while they still appear on "extended". This is especially problematic when looking at larger scale because 10 levels is a narrow 2.5-points range. Or when recording started long ago (as on your case), for instance, since a previous day. In such case most of the data shown by "Extended" should be assumed invalid. But it does distort the image and also affects the scaling of heatmap in places where the data is valid.

2. In many cases an important information is outside 10 levels. For instance, those strong levels at 2690, 2695, 2700 were there since 6 hours ago (see large scale image), i.e. since 08:35 according to "extended" chart (it's Chicago timezone). Besides, in zoom-in view I see that it's just 3 large orders. Then 20 minutes later at 08:55 the price reached local maximum at 2680, which is still 40 price levels from 2690, so it was not recorded by the Extended market depth until these levels were reached again 6 hours later.

You can see these and other images here

So, it's highly recommended to use full depth data wherever it's provided by exchange even if it costs a little more. It can give a trader only an advantage. Try it and see yourself. Unfortunately, not many futures data vendors provide full market depth. As far as I know, among data connections supported by Bookmap, only Rithmic provides full depth for all products at CME. Note, Bookmap doesn't have any special affiliation with Rithmic: we don't share revenue from neither data nor commissions. The analysis above is my personal and hopefully objective view of the issue.

Best Regards,
Sergey / Bookmap

Hello,
i just started using bookmap global + but i do not have any historical data feed to train with the replay, do you know how to get one?
I try with the market replay of ninjatrader but it does not display the large lot tracker and the price levels only update when the price touches them ,well it does not work.

Hello,
i want to open 2 chart for the same instrument, i tried to open a second chart but i have this message: already subscribed.
How to have 2 charts for the same instrument?

Thank you.

Hi Bookmap,

Is there a technical reason for dumping the reconstructed TnS?
Don't know about others, but its been very useful to me.

In fact it would be great if there were "reconstructed" volume dots.

Hi Bookmap,

Is there a technical reason for dumping the reconstructed TnS?
Don't know about others, but its been very useful to me.

In fact it would be great if there were "reconstructed" volume dots.

https://www.youtube.com/watch?v=ecXvL1n5bzg

Hi, Can I access historical data, if I am using BookMap via an NT8 indicator? the video seems to suggest that I can only do it via a direct connection

Alternatively, can I use my AMP/CQG connection bypassing NT to directly download data, say just for the duration of the download?

Thanks,
SDG

Hello,

i want to open a account with ninjtrader brokerage with rithmic data feed.

i have see on the Bookmap website is possible.

but is possible to connect directly wiht my rithmic login on bookmap. If i can. for taking order from bookmap i need to have ninjatrader open or not ?

thanks

Hi Allonzo,

You can choose to connect Bookmap with either Rithmic or Ninja. However, it is preferable to connect directly with Rithmic, as you will bypass the API of Ninja. Rithmic for Bookmap is a great choice since they offer full depth of market for the CME, COMEX, and NYMEX exchanges. And depending on the broker, you may have the ability to simultaneously connect multiple platforms with Rithmic. Since Bookmap is a true platform, just input your Rithmic credentials directly into Bookmap, just as you would for any other platform. Ninja doesn't need to be open.

regards,

Bruce
Bookmap Team

@Bookmap, do you have a list of brokers that permit simultaneously connecting multiple platforms with Rithmic? I would like to use Bookmap with Sierra Charts without the extra data fees.

Hi SDG,

Bookmap's historical data feature will not function within Ninja. You would need to connect Bookmap directly to the supported data provider or broker. Yes, CQG from AMP will display current and historical data. For more info on the historical depth download feature in Bookmap, please click here.

regards,

Bruce
Bookmap Order Flow Specialist

Does bookmap offer NBBO (National best bid offer) yet for equities?

thank you so much for always keep updating the version for the user. great job bookmap team!!

here is my 2nd and last suggestion.

I am also using the sierrachart platfrom to see the orderflow. I have some suggestion based on my experience on sierrachart. Bookmap has the own class , no doubt.

I have using this type of Chart which can "filter" the size in the dom . So it can give us and focusing on the specific size.

The chart below show the filtering size by "range" that can be set and has the specific color.

PINK: more than 400 Lot
RED: more than 300 Lot
BLUE: more than 150 Lot
Low: more than 100 Lot

For example: if the chart show the PINK color, we know that the size is between 300 to 400 Lot. We can zoom in to see the actual Lot.

I believe, this is very important INFORMATION for trader because the SIZE represent the smart money in the market. Although sometime they are using the iceberg order. at least we can see the "bigger picture" by filtering the lot and see the idea from it.




This filtering can give some idea on the auction behavior. Sometime i can see the "algo" behavior like shown below by filtering the SIZE in the market.




I can say this type of reading by filtering the Lot can give us some idea on the activity market.

i hope bookmap can give this feature.

Regards

Where do you get the studies for this setup mate?

It will be very nice to add a Real Time News, from Bloomberg or Reuters, or both, for upcoming Economics and Company releases, and breaking news. Also is it possible to see dark pool orders for futures and stocks?

It's true in some stocks. It highly depends on where this stock is most traded. However, in some stocks Nasdaq Totalview alone is already quite useful as illustrated below.

Here is an unofficial storytelling about 1 hour of IBM price walking during last Friday.
Large orders in Market Depth appear orange on the Heatmap as the colormap on toolbar suggests.
Please don't take this trading strategy too seriously



Here it is on a larger scale:



Regards
Sergey / Bookmap

Anyone here using Sierra Chart's datafeed and Bookmap?
With 200 Levels of Market Depth in the Sierra Chart Exchange Data Feed, at the moment it is the only datafeed competitor to Rithmic.

I've opened a new feature request in order to get the Sierra Chart Data Feed supported by Bookmap
If you are interested in this combo here is the thread
https://www.bookmap.com/forum/viewtopic.php?f=21&t=220

Bookmap almost used up all the memory on my PC, any idea how to configure bookmap and make it use less?

Any update about offering NBBO?

I'm confused how to view the P/L after placing a market or limit order that gets excecuted... where do I look for the current trade's P/L info?

Hi, I got the Gloibal+ subscription, and its working fine, but I want to download the app on another machine but I'm unable to find de download link :S

I must be an idiot or am I expected to use the same installer I downloaded the first time I signed up?

Hi, I got the Gloibal+ subscription, and its working fine, but I want to download the app on another machine but I'm unable to find de download link :S

I must be an idiot or am I expected to use the same installer I downloaded the first time I signed up?

1. log in (top right of their homepage)
2. now you see your name where the login was (top right)
3. hover the mouse over your name and choose "my account"
4. now you see bottom left the link to the download area

Hello, I just found out bookmap and really like it. I have global+ subscription, and currently using Rithmic 14-day trial datafeed. I have been trading through IBKR on TWS. What's a good way to subscribe to Rithmic data? Do I have to open an account with one of the brokers that support Rithmic? Thank you.

Hello, I just found out bookmap and really like it. I have global+ subscription, and currently using Rithmic 14-day trial datafeed. I have been trading through IBKR on TWS. What's a good way to subscribe to Rithmic data? Do I have to open an account with one of the brokers that support Rithmic? Thank you.

Hello Bookmap Team

Could you explain in a practical way the difference between the global and global version + and if the global version can operate with the MBO Bundle.

Thank You

Do the Bookmap Xray and DOM integrate with Tradovate?

Hi Julio,

Bookmap used to integrate with Tradovate years ago, but it does not anymore. However, Tradovate will provide you with CQG data credentials to run Bookmap as a standalone desktop platform if you like.

regards,

Bruce
The Bookmap Team

Does it mean Tradovate stopped supporting it?
If I use CQG credentials, would I be able to trade through Bookmap?

Thank you!
That sounds interesting having rithmic data and be able to trade through Tradovate which only offers CQG.
Do you know how soon in the future that will be offered?

Hi Julio,

No release date yet on the Cross Platform Trading functionality, but look for it maybe in the next 2-4 weeks!

regards,

Bruce
The Bookmap Team

Do you have any news about it? Also wanted to ask about lightspeed, speedtrader or centrepoint brokers support. And, also about IQFeed market data support.

Cos for now there is no way to test the app (with out purchasing market data) for those, who trade stocks. I can not stare market data from broker with the terminal.
I understand, that tradestation might not allow this, but i'm pretty sure that IB provide this from API (both web & with gateway).

It looks a bit pricey to buy yet another market data just to try it out.

Maybe i misunderstood something.

Thank you

Do you have any news about it? Also wanted to ask about lightspeed, speedtrader or centrepoint brokers support. And, also about IQFeed market data support.

Cos for now there is no way to test the app (with out purchasing market data) for those, who trade stocks. I can not stare market data from broker with the terminal.
I understand, that tradestation might not allow this, but i'm pretty sure that IB provide this from API (both web & with gateway).

It looks a bit pricey to buy yet another market data just to try it out.

Maybe i misunderstood something.

Thank you

Thank you for such a quick and full response. Buy yet another question arrived. In the process of making an order i see in the market data selection list this comment: `Full market depth & Traded volume. Includes 24hr historical depth data` under the both applicable options.

What exactly it means and how much historical data i'm able to see on the chart? (or this related only to depth data?)

Is NYSE exchange covered by `Nasdaq + EDGX` bundle? (and what exactly is covered in there). This list of options looks a bit short after Interactive Brokers market data selection, so some extra details will be great. Thanks

Hello, I think it will be useful if we can open copy of a chart that is already subscribed.

The reason is I would like to be able to view the same instrument with different viewing zoom.
similar to viewing multiple timeframe of one instrument, side by side.

Currently when i try to do this, bookmap software will say that im already subscribed.

What can I do to have 2 charts of the same futures?

Will there be an improvement in bracket orders to be able to create more customized ones that allow a all im and scale out approach

Sent using the futures.io mobile app

@Bookmap, is it possible to develop my own custom automated trading strategies using Bookmap API that can manage multi contract position?

@Bookmap, I'm also keen to know if Bookmap API enables custom strategy to accept signals generated and sent by other platform such as Ninjatrader

@Bookmap, API enables custom strategy to accept signals generated and sent by other platform such as Ninjatrader OR is bookmap API capable of sending out critical levels information to other platforms?