I've been using BM for quite a while and I love it. It's not a holy grail, it's just a visual way of seeing what's going on in the order book.If you have no idea what to do with the info then don't bother.

forgiven 

but he is correct most of the time. i did not agree on his reviews on O F A or MtProdictor but both do over hype and over price there product. 80% of the vendor on his list are very bad actors.

That may be so, but bookmap is not a black box product. It is simply a tool for visualising the current state of the order book/market depth. And it is very effective in illustrating all this.
The question whether this is of any use in trading is another matter. Suffice to say that pretty much all successful short term traders study the order book and order flow in their trading. There's a clue in there somewhere....

Keab 

That may be so, but bookmap is not a black box product. It is simply a tool for visualising the current state of the order book/market depth. And it is very effective in illustrating all this. The question whether this is of any use in trading is another matter. Suffice to say that pretty much all successful short term traders study the order book and order flow in their trading. There's a clue in there somewhere....

bookmap is a grate product to read the limit orderbook. most successful short term trader do not look at chart under 1 hour. there not looking for a orderflow reversal. bookmap or any foot print charts are not in the Bloomberg terminal app store. those short term traders are the best in the world and there paying for multi time frame scanning apps. the scanning apps do not scan for time frames under 1 hour.

forgiven 

bookmap is a grate product to read the limit orderbook. most successful short term trader do not look at chart under 1 hour. there not looking for a orderflow reversal. bookmap or any foot print charts are not in the Bloomberg terminal app store. those short term traders are the best in the world and there paying for multi time frame scanning apps. the scanning apps do not scan for time frames under 1 hour.

Most short term traders don't look at a chart under 1 hour? I think your definition of short term might need a bit of work.

I repeat, bookmap is not a trading system. But if you understand how the market organises itself, where big buyers and sellers reside, and then look for orders flashing in on bookmap? Well, it pretty much writes itself...

I wish it had a better and more functional price ladder . That way I can have a very advanced price ladder while also using the map to visualize the orders that are coming and going. So maybe a more traditional price letter. But more like md trader than nt or more like jigsaw with the extra info

Sent using the NexusFi mobile app

Keab 

Most short term traders don't look at a chart under 1 hour? I think your definition of short term might need a bit of work. I repeat, bookmap is not a trading system. But if you understand how the market organises itself, where big buyers and sellers reside, and then look for orders flashing in on bookmap? Well, it pretty much writes itself...

who said it was a trading system. it is a very good tool for reading the limit order book and reading short term order flow . that is it. it is a tool. if has a free trail. if you dont like it or its no help. move on

MichaelFlowTrader 

I wish it had a better and more functional price ladder . That way I can have a very advanced price ladder while also using the map to visualize the orders that are coming and going. So maybe a more traditional price letter. But more like md trader than nt or more like jigsaw with the extra info Sent using the NexusFi mobile app

it is a problem

forgiven 

it is a problem

What I find interesting is that book map has the much better visualization of the market than jigsaw does but jigsaw has a much better price ladder. So it is hard for me to Figure out if I should go with jigsaw and their heat map, which is inferior to book map just so that I can get there much better price ladder.

But first, this is a topic about book map. Once I understood it, it made so much sense. I also want a better way to have multiple markets open at the same time.

But as a company, I think that they are pretty much top notch, especially with their education.

Albeit it has been a few months since I have tried it. And they might have added even more features..

Sent using the NexusFi mobile app

MichaelFlowTrader 

What I find interesting is that book map has the much better visualization of the market than jigsaw does but jigsaw has a much better price ladder. So it is hard for me to Figure out if I should go with jigsaw and their heat map, which is inferior to book map just so that I can get there much better price ladder. But first, this is a topic about book map. Once I understood it, it made so much sense. I also want a better way to have multiple markets open at the same time. But as a company, I think that they are pretty much top notch, especially with their education. Albeit it has been a few months since I have tried it. And they might have added even more features.. Sent using the NexusFi mobile app

in fast moving markets i could not use the dome. it could have been a lack of skill sets. who knows witch on is better. it would depend on the trader and the education and trading skills. but i would think the learning curve would be shorter on bookmap. when you see a area of resting orders away from market price . you still do not know where the market will trade through them or not. you just can not put a order in front of that and hope you will be ok. but your fishing in the wright spot. when the book starts chasing price and that is in the direction of the daily trend , your odds starts to improve

forgiven 

in fast moving markets i could not use the dome. it could have been a lack of skill sets. who knows witch on is better. it would depend on the trader and the education and trading skills. but i would think the learning curve would be shorter on bookmap. when you see a area of resting orders away from market price . you still do not know where the market will trade through them or not. you just can not put a order in front of that and hope you will be ok. but your fishing in the wright spot. when the book starts chasing price and that is in the direction of the daily trend , your odds starts to improve

Hi Michael and Forgiven,

Thanks for the kind words about Bookmap. A new version is due out in January 2018 will address some of the issues on a more traditional DOM. Also, just to let you know, the Bookmap columns can be easily configured to display all the layouts and data types like other DOM's existing in the market today. I'd be happy to meet with you and demo these configurations if you like. Just let me know.


regards,

Bruce
The Bookmap Team