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Review for BookMap www.bookmap.com
Updated: Views / Replies:24,212 / 73
Created: by Big Mike Attachments:4

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Review for BookMap www.bookmap.com

  #71 (permalink)
grappling dummy
Hawaii at the beach
 
Futures Experience: Beginner
Platform: Nt8, MotiveWave, TOS
Broker/Data: S5
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forgiven View Post
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.


He has no concept of orderflow and chooses not to learn yet casts judgement.

Fall Seven Get Up Eight
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  #72 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 284 since Jul 2013
Thanks: 40 given, 98 received

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.

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  #73 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 284 since Jul 2013
Thanks: 40 given, 98 received



forgiven View Post
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....

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  #74 (permalink)
Elite Member
knoxville tennessee usa
 
Futures Experience: Advanced
Platform: nijia trader
Broker/Data: A.M.P. I.Q. ....C.Q.G.
Favorite Futures: ym
 
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Keab View Post
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.

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