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Bookmap - Bruce Pringle (Chief Educator) - Ask Me Anything (AMA)


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Bookmap - Bruce Pringle (Chief Educator) - Ask Me Anything (AMA)

 
 shokunin 
Manchester, United Kingdom
 
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tr8er View Post
the left side of the vertical line is the order of 1 single "large" trader

I don't subscribe to the MBO add-on. Is the basic Bookmap using MBO for this regardless?


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 tr8er 
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shokunin View Post
I don't subscribe to the MBO add-on. Is the basic Bookmap using MBO for this regardless?

Not sure if it is an algo, but i.e. Rithmic-data has the MBO, so the system should know if there is a trader who puts in a large (or larger) order at a certain price-level.

 
 Doug Pearson 
Cantonment
 
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Hello Bruce, I currently have a Ninja Trader lifetime license, Ninja trader brokerage is my broker, continuum is my data feed. I would like to continue to use ninja but would also like to use Bookmap and Jigsaw but can't get a handle on the correct data feeds. Can you help? Thanks.

 
 
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 Bookmap  Bookmap is an official Site Sponsor
 
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Doug Pearson View Post
Hello Bruce, I currently have a Ninja Trader lifetime license, Ninja trader brokerage is my broker, continuum is my data feed. I would like to continue to use ninja but would also like to use Bookmap and Jigsaw but can't get a handle on the correct data feeds. Can you help? Thanks.

Hi Doug,

You can use CQG Continuum but it may or may not display full depth data for several futures instruments. You may consider calling your broker and requesting Rithmic, since they offer full depth on all CME Group Futures instruments. Then you could connect both Ninja and Bookmap via the API of Rithmic's R-Trader Pro platform. Please reach out to [email protected] for more details.

regards,

Bruce
The Bookmap Team

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 Doug Pearson 
Cantonment
 
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Does Bookmap work well with Ninja Trader? I saw in one of your webinars you said that we should connect directly to Rithmic.

 
 
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Doug Pearson View Post
Does Bookmap work well with Ninja Trader? I saw in one of your webinars you said that we should connect directly to Rithmic.

Hi Doug,

Bookmap can connect to Ninja's API, but it is deprecated since the data flows first through Ninja and then outputs to Bookmap. Thus an issue in Ninja will then apply to Bookmap. Also, Ninja filters the data. For example, if you connect Ninja to Rithmic data, Ninja will strip out the CME MBO data from Rithmic, thus Stops, Icebergs, and Heatmap filter addons will not work within Bookmap. Therefore it is best to connect Bookmap directly to Rithmic. You can call Ninja brokerage and request a second Rithmic feed for Bookmap. You can also subscribe to Rithmic data directly, for as little as $39/mo.

regards,

Bruce
Bookmap Team

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Howard Roark
Oslo Norway
 
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Not sure where it's appropriate to ask, but this was the thread that came up through searching, so I'll try here.

Does anyone here use Bookmap to good effect?

I think this software looks intriguing as hell, but I'm not sure how valuable it is for day trading US indices. Put another way, I'm generally skeptical towards order flow in an instrument such as ES.

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 Big Mike 
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Bookmap is no longer a site sponsor, so this thread will now close.

Mike

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