Bookmap is an innovative platform that provides you with clearer transparency into the market. At the heart of Bookmap is the Order-Book Heat-Map that visualizes market depth dynamics and evolution over time. The heat map delivers the real time non-aggregated non-filtered market data and helps you instantaneously observe market depth dynamics and the flow of liquidity, allowing you to gain better insight into short term price action. Bookmap allows traders to connect directly to today’s most popular futures markets using Tradovate.
Bookmap enables you to watch not only the current snapshot of the DOM but also the historical changes. The heat map records and visualizes every change in the order book by displaying it on a scale of gray shade. The brighter shades mark price levels with larger number of resting paper while darker shades mark areas of lower liquidity.
You will not find the classical bars and candles or other forms of aggregated data. You will not see the chart shifts once in a while to add a new bar. Instead, you will see an HD movie that visualizes gigabytes of non-aggregated market data (both trades and market depth).
Bookmap is fine tuned for human visual perception, and allows to digest huge amounts of information, and unveil the real auction that takes place in the market. The only limitation of data precision is the resolution of your monitor.
The mostly common tool to place a trade is a regular dom. When you look on a regular DOM, you can see the size at each price level, however, it is very hard to see the changes and you can’t tell when those limit orders placed in the market. With Bookmap you can see it all. This enable you to:
The historical depth of market information is useful to traders because it shows not only where price is now, but where it might be in the near future. Traders use Bookmap because: