NexusFi: Find Your Edge


Home Menu

 





Review for BookMap www.bookmap.com


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Bookmap with 23 posts (28 thanks)
    2. looks_two phantomtrader with 11 posts (5 thanks)
    3. looks_3 paps with 10 posts (4 thanks)
    4. looks_4 mattz with 9 posts (10 thanks)
      Best Posters
    1. looks_one Bookmap with 1.2 thanks per post
    2. looks_two mattz with 1.1 thanks per post
    3. looks_3 Big Mike with 0.8 thanks per post
    4. looks_4 phantomtrader with 0.5 thanks per post
    1. trending_up 86,083 views
    2. thumb_up 99 thanks given
    3. group 53 followers
    1. forum 158 posts
    2. attach_file 9 attachments




 
Search this Thread

Review for BookMap www.bookmap.com

  #31 (permalink)
 NGtrader 
Burnaby, BC Canada
 
Experience: Advanced
Platform: Ninjatrader
Broker: Ironbeam, Kinetick
Trading: ES, CL, RTY
Posts: 233 since Apr 2014
Thanks Given: 758
Thanks Received: 201

I'm new at using BM but check out some of Ferran Font's videos on Youtube. He's incredible:







Two more links to VeloxPro vids with Ferran:




Follow me on Twitter Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Exit Strategy
NinjaTrader
MC PL editor upgrade
MultiCharts
Trade idea based off three indicators.
Traders Hideout
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Diary of a simple price action trader
26 thanks
Just another trading journal: PA, Wyckoff & Trends
21 thanks
My NQ Trading Journal
19 thanks
Tao te Trade: way of the WLD
16 thanks
HumbleTraders next chapter
9 thanks
  #32 (permalink)
 dom64 
London, UK
 
Experience: Master
Platform: sierra chart, Jigsaw Trading, Bookmap
Trading: 6E futures, Cable
Posts: 93 since Aug 2012


jonc View Post
Using NT/continuum would only give 5 levels of bids/offers on each side, would this limit the information bookmap can show?

I saw some videos on bookmap, it seems to have 20 levels of bids/offers displaying on it.

I'm assuming bookmap is getting the same info as the DOM on NT.

Yes mate, but is keep the Limits history, so it will remember and display 20 levels if the market moved 20 points down for example, even if the depth of the instuments is 5 x 5

Reply With Quote
  #33 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726


@jonc hi...for me its sufficient. I think its more than 5 as you can see. anyways this is part of my screen. I am not a DOM trader......though look at DOM for very pertinent info. But that info which is missing on my charts....however not showing my charts here. also i look at Bookmap for just one or two criteria. I use Jigsaw extensively too


Reply With Quote
Thanked by:
  #34 (permalink)
 dom64 
London, UK
 
Experience: Master
Platform: sierra chart, Jigsaw Trading, Bookmap
Trading: 6E futures, Cable
Posts: 93 since Aug 2012


paps View Post
@jonc hi...for me its sufficient. I think its more than 5 as you can see. anyways this is part of my screen. I am not a DOM trader......though look at DOM for very pertinent info. But that info which is missing on my charts....however not showing my charts here. also i look at Bookmap for just one or two criteria. I use Jigsaw extensively too


5 was an exemple, clearly you do get 10 levels. Jigsaw D & S and Bookmap show the same thing, one is only more visual.

Reply With Quote
  #35 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726


dom64 View Post
5 was an exemple, clearly you do get 10 levels. Jigsaw D & S and Bookmap show the same thing, one is only more visual.

I kind of agree...& also not. There are strengths in both applications. i feel they however show lightly different stuff....but will not argue

also in the mix was auctiondashboard....again slightly different stuff...but since a bookmap thread did not touch on it.

anyways....each to his own.... all products good. I like bookmap only reason i have it on.

Reply With Quote
  #36 (permalink)
 dBassFour 
New York, NY
 
Experience: Beginner
Platform: Sierra Charts, NT7, TOS
Trading: Emini, NQ,
Posts: 68 since May 2016
Thanks Given: 33
Thanks Received: 56


paps View Post
@jonc hi...for me its sufficient. I think its more than 5 as you can see. anyways this is part of my screen. I am not a DOM trader......though look at DOM for very pertinent info. But that info which is missing on my charts....however not showing my charts here. also i look at Bookmap for just one or two criteria. I use Jigsaw extensively too


Hi there,

Thanks for the screen grabs.

I am between Jigsaw and Bookmap. I am looking at S5 Trading and it appears they have a special for both of the platforms. Jigsaws Auction Vista HeatMap seems to look a lot like Bookmap, but I haven't done enough homework on Bookmap just yet, but the idea of a lifetime without the $50 trading fee sounds like a better deal to me if they do the same things.

Would love your opinion on the strengths/weakness on both, and if you had to pick one which would it be?

Thanks,
Dion

Follow me on Twitter Reply With Quote
  #37 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726

Hi @dBassFour this is a review for bookmap. however as i have shown i do have Jigsaw & Bookmap and also Auction Dashboard. I cannot compare with or between any of the products. That is unfair. I extract and need precise info from all of them though all info is on my charts even without using them. My mentors charts and mine are exact. He does not need this additional info...whereas I do. So its all a personal preference of what a trader may or may not need. For me it was to see precise and exact info when Buy Sell Limits are present...and the need to see further into what buy/sell agents are at play.

I know some may think the products do the same thing. However I disagree. All products have unique features. Its for the trader and how the traders systems are setup to gather and exploit tools and applications such as listed here. If its just heat map then i am not sure and may not be able to comment...i recently have got the Jigsaw heatmap feature turned on and cannot comment. I do not need a heatmap to trade. I need to see inside Limits as Markets move due to Limits & Market Orders...not heatmaps.

I can trade without any of the above products...as I have my charts setup to show where Limits are present and which side is aggressive. But choose to use them as it gives me more clarity.

I also cannot and will never rely on one tool. So i have to have the above for decision making which comes from Limits/Markets on my charts. The tools such as Bookmap/Jigsaw, etc are just some stuff which helps me in further solidifying my decision to enter/exit

What I mainly like to gather from Bookmap is Hidden Orders & how the Quote Counters are moving. I do not look at anything else here.

Since you asked about Jigsaw will briefly mention since its a bookmap thread. As I said I have Limits directly on my chart. But I find it very easy to get inside the Limits using Jigsaw & Auctiondashboard. Sorry I do not share my charts. As I can customize Jigsaw I can see this info clearly in front of me.

I love Bookmap for what is does and how I use it. But also cannot live without Jigsaw. All of these products are world class. And I think as you said there is good stuff at S5. I did not avail of it...as am not with them. But again I think bookmap offers a free version you could play with if you wish to. again there is a replay feature which i do not use. If i ever used replay it has to be a Full fledged replay transposing data to all my Ninja charts.

Sorry if i could not give a clear distinction as you requested. But its the way i use it

thnx & wish only the best


dBassFour View Post
Hi there,

Thanks for the screen grabs.

I am between Jigsaw and Bookmap. I am looking at S5 Trading and it appears they have a special for both of the platforms. Jigsaws Auction Vista HeatMap seems to look a lot like Bookmap, but I haven't done enough homework on Bookmap just yet, but the idea of a lifetime without the $50 trading fee sounds like a better deal to me if they do the same things.

Would love your opinion on the strengths/weakness on both, and if you had to pick one which would it be?

Thanks,
Dion


Reply With Quote
  #38 (permalink)
 markus3500 
Cleveland OH
 
Experience: Intermediate
Platform: NINJATRADER 7
Trading: ES
Posts: 74 since Dec 2012
Thanks Given: 32
Thanks Received: 15


paps View Post
Hi
What I mainly like to gather from Bookmap is Hidden Orders & how the Quote Counters are moving. I do not look at anything else here.

I have been watching this feature "Quotes Counter" on Bookmap, unfortunately I have found very much documentation on it with the exception of what in the user guide. Was hoping you can provide some detail on how you use it or how you find it useful?

Reply With Quote
  #39 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726


markus3500 View Post
I have been watching this feature "Quotes Counter" on Bookmap, unfortunately I have found very much documentation on it with the exception of what in the user guide. Was hoping you can provide some detail on how you use it or how you find it useful?

hi...i hardly use it currently. If there were APIs would have thought of some stuff had in mind...but again in terms of whats there in the user guide "aggressor side".
Since may not be trading of the DOM....but like to look at it once in a while. I believe this would be a tell in think markets or on a crash scenario none of which i have validated though.


Reply With Quote
Thanked by:
  #40 (permalink)
 
Malvolio's Avatar
 Malvolio 
Frankfurt, Germany
 
Experience: Advanced
Platform: TT, ProRealTime
Broker: Advantage
Trading: Futures
Posts: 145 since Nov 2010
Thanks Given: 93
Thanks Received: 84



Big Mike View Post

VeloxPro is a site sponsor on futures.io (formerly BMT).

Hi @VeloxPro @Big Mike

I am interested in Bookmap and would like to know if there will be a special offer for Elite Members here too?

Thank you!

Reply With Quote




Last Updated on December 20, 2019


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts