Tape Reading - Mind Modeling

Discussion in 'Trading' started by MarkBrown, Jul 26, 2016.

  1. p0box4

    p0box4

    One of the thinks i find extremely helpful in orderflow trading is the bookmap from bookmap or the heatmap from jigsaw, i personally use bookmap.
    Was a real eye opener for me since it holds much and much more information than just the DOM.
     
    #11     Jul 28, 2016
    Cswim63 likes this.
  2. yiehom

    yiehom

    What is on the bookmap that is not on the dom?

     
    #12     Jul 30, 2016
  3. K-Pia

    K-Pia

    I guess "Bookmap" is as "Heatmap",
    a marketing term referring to a Jigsaw's product.
    Anyway ... You DON'T really NEED it for tape / DOM reading.
    It prints distinctly the numerical value of lifted bids & offers @ each price.
    If that's what I think it is, I reproduced it via Excel RTD but don't use it anymore.
     
    #13     Jul 30, 2016