Bookmap Trading Platform AMA (Ask Me Anything)

Futures Trading Platforms Bookmap
52

The dots are traded volume, according to aggressor classification. Although Bookmap displays every discreet market event, down to billionths of seconds, we still display the overall delta of the traded volume when you zoom out. Therefore you’re really getting the best of both worlds. The volume data columns (red and green bars) display volume either split out or in volume profile. The COB (current order book) column is the depth of market, which displays the limit orders and liquidity provided by buyers and sellers who want to deal at those specific price levels.

Bruce Pringle
Risk Disclaimer:
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results

53

First off… thank you to Matt for bring the webinar.

Second… I’ve been in demo mode for a few days (Bookmap), and there is much that I see that I like. I must admit to a bit of “sensory overload” the first day in demo. I eventually removed the “volume dots” and tempered down the “heat map”, and found a place that I could live with (a few suggestions though)…

  1. The “pulsing” feature of the vertical lines and time display… there needs to be a way to turn that off. Just joking, but it may set off epileptic fits in some folks (I found it to be an irritation).

  2. It would be sweet to see connecting lines between trade entries and exits. As it is, one must go searching for those tiny dots when reviewing the trading session (not readily easy to find).

And… a couple of questions?

  1. Are OCO orders supported as “server side” or “platform side”?

  2. Please offer a comparison of what is offered in the “basic” and “advanced” platform descriptions? It will take months of review before I could commit to the Bookmap platform, and currently I just need the minimal experience to make that decision.

54

Hello @uncleppennybags Thank you for your question. I will let Bruce answer the Bookmap questions.
As far as server-side, you can use the Rithmic data feed for Bookmap and then place your orders on Rithmic Trader (R Trader). Once you place your order on R Trader, your orders will be Bracket Server Side OCO.

55

Matt,

Thanks for the reply, but my question was placed in the aspect of using BookMap as a stand-alone platform. Until a couple of years ago Sierra Chart had the same issue. The OCO brackets were held “platform side” which represented a huge risk in the case of a connection interruption (or some type of system failure).

56

I understand your concern. Bookmap does provide Server Side OCO as a platform. You can use the CQG Web API, Rithmic API, and Gain Capital API. The demo, however, is on the client side: Bookmap | Futures Trading Platform | Optimus Futures

Matt

57

Hi, Bookmap is a platform. Different data providers handle this “client side” vs “server side” issue in different manners. Please see attached image from the Bookmap User Guide.

Bookmap client side vs server side.png
Bookmap client side vs server side.png799×603 23.8 KB

Bruce
Risk Disclaimer: There is a substantial risk of loss in futures trading. Past performance is not necessarily indicative of future results. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results.

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Platform Brackets Trailing Stop OCO
Gain Capital](GAIN Trader Market Data Speed and Accuracy) Server Side Server Side Server Side
Trading Technologies](TT Market Datafeed | Access 40 Exchanges | Optimus Futures) Client Side Client Side Client Side
CQG Web Server Side Server Side Server Side
Rithmic](Rithmic Market Data - Streaming real time quotes and historical market data | Futures Broker) Server Side Server Side Server Side
59

I have been evaluating the platform along with a few other platforms in the markets. Could you provide a short point form that lists your advantage over other order flow platforms.

60

Does Bookmap have alerts?

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Can I use Bookmap with Optimus with different feeds? Which feeds are supported?

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  • Bookmap is very good in dealing with depth of market data and order flow handling. These strategies demonstrate basic abilities of Bookmap API that allows the users to create a more sophisticated strategies.

  • Bookmap provides in depth analysis of each order which will enable you to zoom in, asses the impact of latency of your strategy performance and improve / update your strategy.

  • You get developer level algorithms for entry and exit.

Also, consider:
Conceptually, Bookmap is built from the ground up to be an order book and order flow visualization tool. We are the pioneer in simplifying an overwhelming amount of data for the trader. Others might have some sort of a heatmap, but they are simply adding it onto an existing DOM
Looking on functionalities, here are some of the differences:

  • Record, replay & run simulations
  • See the real market spread
  • Play the market like HD video (up to 125 updates/sec)
  • Zooming to highest resolution (nano seconds)
  • Smart volume Dots clustering & configuration
  • Trading directly from the chart, inc. cross instrument trading
  • Watch your orders on the chart
  • Connect your own data and display your proprietary indicators, including order queue estimation
  • Indicator pane synced to the chart
  • API & Automated strategies

We hope this answers your question.

Thank you,
Optimus Futures
www.optimusfutures.com

63

Currently price alerts are implemented via the notes. Via the API you can of course add all type of alerts and finally you can also alerts to the strategies

Thank you,
Optimus Futures
www.optimusfutures.com

64

The free trial is with Rithmic feed, however, with Optimus you can also use other Bookmap connectivities such as CQG API& TT.

Thank you,
Optimus Futures
www.optimusfutures.com

65

I am interested in blocks of 250,500 and 1000 ES lot trades but spread out over time frames of 5,15,30 and 60 minutes. If you can specify any other features this that allow resting order and filled orders customization, please let me know.

66

Hi Tiera,

You can filter the volume in Bookmap to display any specific amount of your choice. You can choose either block trades or flurries of several trades that meet a specific volume threshold like 500 over a period of time. This functionality has been in Bookmap for several years.

regards,

Bruce
Bookmap Team

68

hye sir, is demo give live data and doesn’t have trial period? and what instrument will provided? CME bundle? or certain instrument?

1 Like
69

We provide Rithmic as the demo data feed. It gives you all of the CME bundle
Futures contracts.

The demo is live quotes from the CME.

Bookmap provides the demo for their software, and we provide the data feed for Rithmic.

We hope this helps.

Matt Z
Optimus Futures

70

Is that have trial period or expired period for demo account?

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The default demo for Rithmic is two weeks, and it can be extended to 30 days for Bookmap over Rithmic.

Matt Z
Optimus Futures

72

How do i can get for lifetime period?