Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Bookmap - Bruce Pringle (Chief Educator) - Ask Me Anything (AMA)
Bookmap's Strength Indicator should not be available for dxfeed instruments because false positives occur; there may be latencies when orders and trades arrive from the data provider which could cause erroneous outputs.
regards,
Bruce
Can you help answer these questions from other members on NexusFi?
My apologies, I was incorrect. We just recently allowed the Strength Indicator for dxfeed, but please note the accuracy warning when you open the settings dialog box. Thus it is just like you requested above. There is no tool to display variance between the order book and transactions, although as you know, it is possible to code it in our Java based API. Moreover, you can sell it on the Bookmap Marketplace if you like as well.
@Bookmap, is it possible to develop my own custom automated trading strategies using Bookmap API that can manage multi contract position? I'm also keen to know if Bookmap API enables custom strategy to accept signals generated and sent by other platform such as Ninjatrader OR is bookmap API capable of sending out critical levels information to other platforms?
Bookmap Global+ version's Strength Indicator works for Crypto. The new MBO Bundle which includes the Stop&Iceberg Tracker only works with CME Group futures instruments with RIthmic data. The MBO Bundle and SI Tracker is sold separately and thus works with both Bookmap Global and Global+ versions.
