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I am trying to help you see the power of bookmap. I am not criticizing you work. The power lies in the DOM changes as the future moves into the present.
In the chart below are you able to display the DOM as a heatmap on the chart? There are times when the DOM changes without trades occurring. That enables you to see spoofing, real orders etc.
Can you help answer these questions from other members on NexusFi?
This is a picture of my current chart. Is what is pointed by the yellow arrow what you mean? If it is then please go back to the above posts and see my SC chart settings. DOM can be displayed on the chart with a variety of options, they are selectable from SC.
The blue box it what we currently have, that is the heatmap in the past. The pink box is the current DOM as a heatmap, the current DOM keeps changing, so that heatmap keeps changing. That enable you to see all the games in the DOM as a heatmap.
1- As I have said, the first Dash on the right is the current DOM heatmap. It has not been extended into multiple dashes (so to speak) like BM. In another word your pink box is the right most colour of the indicator.
2- Look at the volume histogram on the DOM as another visual map of what is currently going on.
I am not sure if that was a joke or not. There is definitely a difference between a heatmap and a histogram. With a heatmap units a determined visually by color shading whereas a histogram units are determined by the in the size of the bar.
With a heatmap the bars can all be the same size and you are able to determine which bars have higher volume than others. If you do the same for your histogram it would mean all the bars have the same volume.
If you watch any video on bookmap on youtube that pink box is the DOM displayed as a heatmap and not a histogram. They do also display the DOM as a histogram but that is just added crap.
