 The broadcast is now starting all attendees are in listen only mode. Good morning traders. Can you hear me and see my screen if you just type yes in the questions we've had some audio and or you know webinar issues here uh because everyone's at home using uh using the internet okay excellent all right so we're good um all right so uh today we had scheduled uh Enrico Stuckey uh he's a new new trader uh based in Italy uh and he was going to present right now he had to cancel uh kind of last minute here uh due to what's going on in Italy and uh and it's because of the the presentation uh everyone's on the internet and his bandwidth has been uh uh hampered quite a bit so uh he's had other webinars and and he had major issues so uh today we're going to have Walter Lesikar uh you're probably very familiar with Walter he's been trading for for quite a while 10 years of experience eight years focused on order flow and book map or um or order book and order flow uh and trades only liquid markets the s and p e many crude oil treasuries um his life defines his trading style he reaches his goal he and then he quits uh he's a passionate educator of book map and order flow based on book map um all right you have the contact information there for book map dot com uh our twitter and our support email uh the risk disclaimer i need to go through this trading futures equities and digital currencies involves substantial risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results uh one more thing here um about the recordings etc um on our these are all recorded here okay so let me show you where they're where they are and i just wanted to show you as well the Enrico Stuckey uh it's in italian only but uh if you do a search for book map on youtube okay then you'll just click on our logo uh and then scroll down here to pro trader webinar series and you can see they're all here okay so we have futures trader 71 reggie horner scott pulsini and falstow plieze okay we'll also have walters up here uh this afternoon right so i just wanted to show you that uh as well and then that let's sort of go over uh some of walters um information and contact uh uh data here uh it's all here okay his website he actually has a live trading room as well uh that's open to the public uh he has a twitter account youtube skype uh an interview here on book map and then special offers uh on book map from walter okay so now i'm going to put all of these into the chat for you periodically throughout the webinar so that you guys have access to them so you don't have to copy all this down okay you should be able to click on the links directly and then be able to go there all right uh without further ado uh let's uh give the presentation here to walter and let him uh take over okay do you see it walter i think it's this one you can you see my presentation yes book map tm yeah book map tm that's right so i have to i have several monitors here and therefore i have to decide to use the right monitor so um now we can start i suppose thank you very much for being here with us this morning and this afternoon i'm glad to be with you in this exceptional and extra ordinary times um thank you for the invitation it was a short-term invitation but i have managed to prepare something for uh to to this afternoon or this morning wherever you are during the 60 minute i would like to give you some insights i'm using in my trading and i would like to if you have to discuss it with you if you have some questions let me um i would do my best to answer them today for example i'm talk would like to talk about how do i am determining markets direction this is uh from my point of view important because once you are executing a trade automatically several questions should or must be answered for example does the market proves me right for example or i am still on the do yes i am still on the right track with my trade do external events support or maybe interfere with my trade is this move coming to an end or do i trade my stops etc etc there are several questions and i think book map is an excellent tool to track the direction of the market i will come to that in the few seconds um yes as i said i think book map has a lot of helpful plugins and custom made indicators which can support your trading decision um because of the short time we have here to this morning or afternoon um it is a small snapshot of my trading approach in our trading room at www.trader.ecofin.com i'm posting more intensively what i plan to do for the day so um yeah if you want to look at it you are invited and welcome but first of all let's start so and let's start with a big bang you know that already because book map is telling every trader in real time what a liquid market is doing and what it intends to do that's what from my point of view differentiates this book map from other platforms and by saying that before i continue with my presentation and my example or my recordings what i have prepared for this presentation it is important to understand that there is no statistical presentation in book map or whatsoever given you are using mbo data that means market by order data you got highly detailed data you will see the same what professionals see and i am ready to prove that every day or in this presentation or in other presentation by showing how book map helps you to see whether you are right with your trading decision or not and that's a quite important question let me start first let me start first with a question and let me dig a little bit deeper i don't want to bore you with it but i will explain how you can determine market direction in book map in real time i'm talking about real time i'm not talking about statistical data or whatever you want data um first of all we have in book map um the book imbalance excuse me the first idea the first what i wanted to say is that i'm trying to advise and to teach that for a good understanding of a traded and liquid market reading the order book reading the limit order book is crucial or invaluable at least for my point of view it is easy to add a limit order to your book map if you are trading with book map or if you have your book map copy and you don't have this limit order book i have prepared and how to add a limit order book to the book map in few seconds it takes your only really few seconds on the other side when you understand how a limit order book works and what information you get off it then you won't miss you won't miss it i'm absolutely sure you won't miss it this information for your further and future trading coming back to what to what i want to show there are several information you will get when you step when you set up your book map copy properly that means in book map you have the book book imbalance or limit order book imbalance by the way if you are losing the using the limit order book in book map you will have the access to quotes delta i will come in a few seconds to that of your minutes to that to show you what quotes delta mean and how you can read that but these two informations information are yes sometimes sufficient to understand what the pressure is coming from is it the pressure to the upside or is the pressure to the downside additionally what i have released last week or excuse me this week is my proprietary indicator our proprietary indicator ttw market volume pro which measures additionally the pressure on bid and ask ask volume it shows you the bid ask ambulances the the divergences or deltas it measures the market well volume velocity it shows you the market market direction and it alerts you when volume spikes happens or when volume spikes occurs before i think it is important to talk about naming color conventions in book map briefly to understand better the demo and i it make how to say my further explanations more logic therefore let's go very briefly about the naming in color conventions because i put this in this presentation yeah because of my experience it's sometimes not clearly understandable what a limit order book means what the yes the task of a limit order book is and how it is organized so before i continue and even continue with the recordings i will show you how i yeah the naming and color convention so to be very clear what we are talking about during the next minutes so limit bid or resting order bid this is this side here limit bid and and the color is green so when we look at the left side of the order book we have a bit column it's a limit order bid or limit limit orders or resting orders on bid and the color is green when we are talking about the limit ask or resting order and ask or offer then we have the color convention is red here aggressors or market orders are always in the mid of this limit order book that means now it's opposite when the aggressors are hitting the bits the color is red and the aggressors hitting the the offer or the ask the color is green so when we are talking about hit the bit what is quite common in the trading industry or trading arena then it means the aggressors are hitting the bits they are selling to the buyers they are selling to the buyers here then the aggressor market aggressor color is red on this side and we are when we are talking about lift the offer that means the the sellers know the buyers are coming in and buys everything from the sellers here on the ask side then we are saying okay the market is lift the offer the market is lifting the ask or offer side you can use ask if you are if you're used to it you can also say offer that means lift the offer means the price is likely to going up and hitting the bits if there are no bidders on this side means the price is likely to going down so that's what what's quite important to keep in mind when we are talking about how to determine market direction secondly um let's talk a little bit about the limit order book imbalance on ask we have a nice measurement a nice graphographical presentation of the limit order book so it says book and book map it should be I think I discussed it with several colleagues here should be named limit book or alo b or yes instead because book means also can means everything that means the limit side and as well as the aggressor side so we have this nice graphical presentation of the limit order book in book map which can be utilized to understand to understand where the market is heading okay let's give an if you will see it is my presentation here and I first took this example based on the recordings I have prepared if the bar is showing for example 66 or minus 66 percent so the red bar is wide wide to the left oh yes it's nearly yes covering all the left all this all this place here on the left side that means we have a strong imbalance on the ask side we have a strong imbalance on the offer side that means this is pressure to the upside it indicates pressure to the upside and not to confuse you but maybe um to show to to talk about the meanings my interpretation is I can wonderful live with because it fits absolutely in the in the whole logic is in case of strong buying sellers are offering more on the limit ask side here so this means there's a strong imbalance or there's an imbalance on the book side on the ask side that means the market you will so if you have this plugin or this add-on in your book map activated then have a look at that one it's a little bit harder to watch it now but you will more than once see the extremes now in this high volatile and thin markets so you will see this red bar for example is going to 100 percent as well as the greens bar to 100 percent on that side but to keep in mind that this limit order book imbalance on ask means okay there's pressure on the offer side there's pressure on the ask side this is a kind of oversupply and that leads to the ask imbalance in the order book the opposite of the limit order book imbalance on the ask side is limit order book imbalance on the bid side that means if you see a strong green bar pointing to the right side of the of this graphical presentation of this graph here and the top right bottom and top right yes corner of your book map copy then you will see and you will experience that there is a strong imbalance on the bid and that means pressure to the downside of prices falling the aggressors are hitting the bits the aggressors are hitting the bits the aggressors are hitting the bits in case and the meaning is the opposite of what I mentioned before on the ask ask side in case of strong selling buyers are offering more on the limit side that limit order book imbalance and this oversupply leads to billet bid imbalance in balance in the order book it's quite interesting to keep that in mind because in normal times so a few two weeks ago maybe three weeks ago we could really relax and see how the book the limit order book indicator shows us the direct of the market more than not now because this extreme volatile and distinctive market it's really hard to follow this indication here or this indicator here so we need a little bit more yeah information a little bit more um yeah help us help from the order book and that means what I'm teaching and yes and telling the people if they are um if they are known and if they are using the limit order book there are several other possibilities for example to read the order book in the right manner that means you have not only the limit side you have not only the aggressors here the market volume but you have only additionally so-called quotes delta and this quotes delta is sometimes very very helpful so even if you are not uh accustomed to use it or you're not it's maybe even unknown to you I don't know um but it is really helpful uh because it is a numerical indication of added or subtracted orders that's not very very complicated that's not a rocket science here um but it's still there the information is there if you have book map then I would like to suggest to use it because it's simply there together with a book map imbalance indicator you can use the quote delta to understand in good liquid markets so I'm talking about yes I'm talking about treasury soybeans whatever has more than 100 and 200 um contracts on the price level that means this is a good market it takes simply time to yes mark it up or to press the market down and this time and this at certain levels you will see that this quotes delta gives you valuable and really good information what the market intends to do so if you are really positive numbers of positive numbers you have a pressure you have the pressure in this case the pressure is on the ask side and you'll see there's no there's no not enough buying um buying pressure let me say that way to support the sellers here or to support the best side in order that the price is that the price comes to a stop and um yes negative numbers means less pressure or kinds cancelling orders that happens also all the way it indicates also and that's a part of my seminar show the the interest rate um yes traders the indicates reverses it reverses at top at bottoms you can see that how the market is pressing up pressing up for example if we are reaching the top for example and they are resisting on this side so now what we have um what I want to say it is extremely extremely really believe me extremely meaningful meaningful and good liquid markets it's um hard to read in extremely thin markets like these days in yes or cl or gold and q whatever you want to use it's not so helpful to be very open and you will see that but it doesn't matter it's still here and I think um you should use it if you if you let's say let's be open for everything for every new idea in trading which help us to be profitable then I would recommend to use the book in the imbalance and as well this as quote delta for example um you will see more than often that it indicates at tops and bottoms and whether resistance resistance or even support is coming from good what I have added now to the armor to the arsenal of trading for trader for traders and for trading is this market volume pro indicator because it is an invaluable help really to understand better what the market is doing and um what I did or what we did here in the development of this indicator is simply that we adopted every our knowledge to the market and added it to the book map let me go go very briefly about um uh yes um very briefly on on the functions of the ttw market volume pro it indicates in real time what is traded on market side we are talking about about the market side remember the book the limit order book is is um indication for the limit side the quotes delta is an indication of the changes between limited aggressors and what I've wanted to achieve is achieve is to give additional information especially in this in this fast and high volatile times the book map to understand where the mark what the market volume is still doing what the aggressors are doing and as I said it's real time it's real time um the the goal is how to show how aggressors behave at the very moment what is happening now at that very moment with our aggressors with the market orders here and with this column here in the mid between limit bid and limit ask it is purely traded market volume it is free of average smooth statistical pace data nothing it's that what you receive from your data provider and therefore I mentioned it's the best way to have an nbo market by order data high quality data to get them the best the best information out of this of this chart the social quality of traded volume depends on data provider as I said and significance of this indicator or indications here book quotes delta and the market volume pro is uh as well for thick thick markets let me say good liquid markets and extremely thin markets like we have today in um in um yes in our in the example or the last two weeks where the the volatility was extremely high let me show you briefly and go very briefly before we continue with a with a recording here um you have in this and just or you have the information the between hit the bit hit the bit means they're hitting the bit and the aggressors are hitting the bit or lift the ask that means they're lifting the offer they're lifting the all leading who of this is leading you can you have a numerical um presentation here as well as graphical presentation here to understand that in this case um in this example here in this screenshot the the aggressors are hitting the bit they're hitting the bit all the time you will see that in um this numerical uh yes indication that that are not traded contracts that are not traded contracts the numerical representation of the graphs here what I have um what what you can see additionally not only the market direction for example if you want to see where the sellers crosses the bias so if you can imagine this could be across here red is over green that means the sellers are leading there's hitting the bits are hitting the bits the market velocity is indicated by the yes by the angle of them of the move of this um of the price move what is happening it's very hard and high volume here bit as imbalances bit as imbalances indicates a break or pause in a move they're happening all the way when the difference between the red line let me say that way and the green line is too big then expect a break then that's that happens all the way all up the way up or all the way down the excuse me the delta or the difference between bit and us plots the divergence or the divergences divergences here on the way way up it is very helpful uh to see on tops or bottoms if there is a divergence between uh on on on a certain price for every instrument I'm not a friend of divergences so I don't want to stress this much but um I will show you an example how it can work work if you look at divergences and as well you can also spot volume spikes so in case we have um external tweets news whatever hits the market and now what they're in yes in the last two weeks you have seen that very very often during the trading days so you can spot very comfortably volume spikes and volume spikes means also maybe a break into trading I'm talking my seminar very intensively about volume spikes and sweeps and how to trade them okay um let's start let's start here with an example I have presented or I have prepared excuse me I have chosen not the very fast movements of the last days but um I have um yes selected the yes from February the 6th and that's really shortly before for four minutes my four minutes before the open and I will go very briefly through some of the move moves the yes yes did on this day and show you what you can use and how you can profit to understand what the direction of the market is and if it supports your strategy you thought your view on the market um you have actually on that day it's nothing more than again I will show you what I am focusing on in my trading and this it it our helpers this our helpers but sometimes they are really helpful to see what happens so let me start this um replay I will do that a little bit faster so because we don't have much time today in my next seminar update which is always free for our seminar members I will go more in depth by the way I will launch on youtube video on how to use this information how to use the limit order book how to use the I quotes daytime as well as these um help are down on this market volume in market market volume pro from this in market excuse me on this market volume pro indicator let's go a little bit faster not to boring you here with this recordings now the market is open and let's go a little bit slower through this opening here right now at the opening or just from the opening now you'll see which side is leading it's a little bit too fast now for you but um anyway you will if you have the chance or you you enter interesting in this market volume pro you will see every day that some is the one side one side is leading that mean they are hitting the aggressors are hitting the bets they are hitting the bets they are hitting the bets mind please this numbers here there are five fifty five hundred on the um yes aggressor side on the bid side and there are only five five for fifty one hundred fifty two hundred on the ask side you will see these differences along the day along the trading day that's one indication you can see from the beginning on when the market starts so you have it's still red it's still red it's hard to stop but you see it also when you look at the limit order book here when you look at a limit order book the green side is still um it's a little bit more to the to the right side it means they are adding to the bid side for various reasons but the imbalance is very clear on the bid side and what you can see in the quotes delta at that point of time here is you'll see that the they are adding to the to the ask they're adding to the ask they're adding to the ask that means it's a kind of resistance they're building kind of resistance because that could be also iceback orders or orders from behind you know what we see here in the limit order book for every instrument that means if you are trading stocks or if you are trading futures this is only the tip of an iceberg we haven't we haven't talked about options trader we haven't talked about hedge funds who are really in charge of moving a market and but what we as as a retail trader can see and use this free information here is to understand that these um yeah that the um ask side on the limit side is being added or is adding adding adding that could be a nice indication that that they are resisting that yes um showing resistance at those levels here let me go forward a little bit i will make it a little bit faster here but it's easy to spot now very clearly that red is leading that means they are hitting the bit they are hitting the bit they are hitting the bit you'll see also the numerical differences here uh 6600 versus 6100 so you have different indications that if you are looking for shorts here if you are short given you are short here you're sold um and yes then it gives you the confidence that you are on the right side on the market so let's go forward this was the open we see they're still selling pressure in the market they're still selling pressure in the market with the declining lines here it means that the relative numbers here the numbers before are coming to and break or it's slowing down a little bit now they're changing retesting these areas you see here a little bit of a volume spike a volume spike again and what we see now is a very clear leading of aggressors on the bit side that means we are talking about 7000 versus 6300 here on the ask side that means there is no chance at this moment at this moment of time there's no chance there's no chance to buy you can't buy anything here at the moment even if you have and that are my friends from um volume profiling even if you maybe have here low volume low low volume profile uh or high volume profile um excuse me low volume note and low high volume note so um yeah you can't do anything but sell so that means the market that what I wanted to show you this afternoon or this morning is that the market is indicating very very clearly what it intends to do in real time this are let me say that way this organic organic numbers this is organic platform here an organic chart because there's nothing manipulated given you have the right data feed of course let's do it a little bit faster because we are running out of time here let's do it a little bit faster eight fold now what becomes interesting is what I meant with a bid ask imbalance bid ask imbalance means they are hitting the bid so hard there's a little bit trading on the ask side but they are hitting a bit so hard that this imbalance is likely to come to a break so be aware of when this that happens it's nice to if you are short it's very very great to be short and to get a um approval that you are right but take in an account that this can switch very very fast so you see the market is deteriorating yes deteriorate deteriorates or it comes to an end here hard word for myself so we have maybe given you have been short here from 43 then the book the delta and maybe all of this indicator is showing very clearly it's short it's short it's coming down it's coming down it's coming down that means you are yes you have been proved right maybe this is an stop runs here at that point here at 243 and that it goes down to this liquidity level and now something interesting happens here let me go a little bit faster a little bit more forward just a little bit more so not boring you with this recording here and let me show you something else here now that you yeah maybe you will have close to your trade because now the ask is was hit the ask is hitting the ask the aggressors are hitting the ask more than the bit side that means something is changing you can add come on you can add excuse me that this by the way the this indicator is reading all market all history data when you start so when the market comes to stop or maybe to a bottom you have of course another possibilities to measure if this really true because this delta is showing showing a clear divergence so if you are like if you like divergences so have a look at them because between this point you see that that was the low and this point that means they're bitter that the buyings are more you see on this time the buyers have been there and they are hitting the ask very very very fast and very intense that means the divergences divergences building here so i said i'm not a friend of deltas or divergences but that's only my personal opinion opinion and that so the velocity now you'll see how the velocity is decreasing also here at the look here come on look here in the order book you can see how this ball the book in the lens grows let's go a little bit slower here and you'll see the market is coming to an let me say rest or to to a pause here at this moment but you see very clearly that now the aggressors on the ask side are in front so they are so they are leading they are leading the market you have also nice divergences excuse me divergence here you have a nice divergence here which happens very often during the day and then it leads you to say maybe you have other indicator indicator here or other lines here or supports here it shows you that this market is likely to go up that could be a nice buy here um let's jump a little bit forward so the velocity of the market that means traded traded market volume is decreasing here simply decreasing here and now what you see here is again bit as imbalance bit as imbalance here on that point and as i said i will do it a little bit more in detail in the yes youtube video about this functions it takes simply time it takes time for the market to make a break maybe you are invested and when you see this um differences here you should be alerted to and that means um maybe closing your trade or strail your stop or make your stops a little bit anger closer excuse me you also see now just to catch that it's hard to catch that one you see also very very clearly that now the pressure is on the ask side the auto book imbalance and book map shows you the pressure on the ask side as well when you look at a quotes delta you see the pressure on the bit side so this the this guys here this this traded volume here on this side 75 here for example and the numbers here indicates there is pressure to the upside they are supporting they are supporting they are supporting that means if you are in the position you have not only liquidity which is a separate topic to talk about that but you have also numerical um improvements that the market is going up so you are right maybe you took your position somewhere here and you got all the way the confirmation that the market is in your favor that the market proves you right just to show you something anything else here as well please mind that the divergence is there so we have higher we have nearly the same prices here but the traded volume on that side on the second touch of the second top here of the top here of the double top is much much lower than much much lower than here at that point let me stop that here and as well when you see that you are alerted that you have that you have some indicators and reading okay something is amiss here maybe i have to stop or exit my trade or maybe reverse my trade however your trading that's really yes your your personal style of trading but what i wanted to show you in this very short presentation is that it's possible to understand where the market is setting you need only the limit order book in balance you have to be a friend of a limited order book and in your bookmap copy i said it takes only a few minutes excuse me it takes only a few seconds to to set it up and if you want you can add this market volume in balance pro market maximum market volume pro indicator to add a little bit more information to that what you see on the chart okay let's go a little bit further because time is running out what i want to say with that is simply to yes to point your interest to bookmap because we are talking here about real time data we are not talking about standardized the standardized or smoothed or whatever data no we are talking we are talking about them now just to give you an impression i yeah my preparation for this presentation was simply to show you that the how to measure direction in for your instrument it doesn't matter excuse me it doesn't matter whether it's it's yes on cl or gold or whatever you are trading it's very very helpful to know we have a limit order book we have excuse me in the lens we have the data the quotes data here and we have some indicators on good indicators which supports our move but what i'm trading to be very clear to be very clear i'm not looking at indicator i'm not looking at this indicator this indicator i have is the fourth priority the first priority is to understand the market mechanics what is the market doing here that's what i'm teaching in every seminar and that's the first focus on this on my whenever when i'm looking on my chart when i'm when i'm looking uh yes on my chart the second focus is the limit order book the third focus are the information i am getting from the market about certain levels also some option levels which are which are around which where maybe we can talk next time how to use the option market and a hedge fund market for defining some interesting levels because as i said that what you see in the limit order book either you are it doesn't matter if you are trading stocks or if you are trading futures it's only a tip of an iceberg we need more information to be uh sustainably successful and profitable and then this indicator gives me an additional argument to say i'm long or i'm short so like shown like shown here in this this presentation or in this replay excuse me in this replay here um most important information is what happens in the market then what happens in the order book quotes delta is here it's an excellent guide for for finding tops and bottoms and finally finally when i got this information without making very complicated look at an indicator and what is the indicator indicator telling you either you are friend of divergences or you are friend to understand what hit what the market is doing either the aggressors are hitting the bit or aggressors is lifting the ask this is an information it helps you to see oh i'm i'm on the right side so nothing changed you see red is over green that means they are hitting the bits they are hitting the bits they are hitting the bits okay so to be very clear my focus is first understand my market mechanics using additional information on the limit order book and as well as external information and then for final decision it's always good to have an additional helper like the market volume pro is um why book map now why book map book map is i started with that i tried to come to an end with that is telling every trader in real time what a liquid market is doing and what it tends to do that's what differentiates differentiates book map from other platforms if you want to learn more or to see more go to my web page this ttw trader dot com there's also book map offer if you want to following the follow affiliate link you will find an interesting book map offer because yes interesting book map offer for you um if you are about to learn more about book map um if you're interested in the ttw market volume pro it's available on the book map mark marketplace which is a great invention and i'm happy about the release of book map markets play marketplace because it allows secure licensing and licensing and payment process that that's you'll see the link about marketplace book map com product ttw market volume pro what differentiates and what might makes a difference my indicator comes with a lifetime license i don't like subscriptions so i give it as a lifetime license and all three updates which are coming them hopefully in the next time when we are talking maybe about the x feed for example all these updates are for free it runs on book map for mac as well as for windows that's really unique and maybe of interest for you it i'm sure it will also run on book map for linux when it is released you have a five date trial available and you can get more information on my web web page ttw trader dot com at the product and the shop page you will find more information about that plus the youtube video which i hope to launch next week or during the next days because we are logged in here in europe too so um as well i have and as bruce mentioned and trading room which is ttw trader dot aquafin dot com um if you want to sneak in and see what we are doing here at the moment the trading room is quite silent because of the situation in the market but also the situation here worldwide especially in europe uh there's no much activity there but you are invited to join if you want so thank you very much thank you very much for your interest in this short presentation here i wish you all the best and stay safe so i'm here to answer your questions if you have some bruce you can take over if you want okay no uh yeah i got some questions here for you um so uh yeah darcy um or i'm sorry andrew is is asking about the um the uh sharp delta or your um you know market volume pro uh it's on there the uh the bookmark marketplace i put the link in there for you guys it's also in the chat um i included it now in the in the link of with all this other information so you have all of that um and uh let's see um other questions here just a minute so if you have any questions for for walter uh now is the time to get them in uh any people are asking for um is there a a demo uh to try it make sure things are working yes yes there's it's a trial there so um let me go back um now come on what happens here um when you are on the bookmark marketplace then um you have to sign on to subscribe and you get a five-day free trial with this indicator it's quite easy to install it when you get it just show me this very briefly here you put the indicator in a directory let me say bookmap a my api so whatever a director on a config file a config folder of your bookmap copy then go to api plug in information add simply click on add i have it here so uh add it to your um plug-in configuration here check it on and it works um it immediately works what what happens is so that's that's some point we had um yes we have if you are loading that for the first time if you are loading that for this indicator for the first time you have to restart bookmap so to be very sure that the the indicator comes up what it's not this indicator is not sharp there that's a different and newer development it reads all the how to say it reads all the historical part historical data when you start when you start your bookmap uh with your instrument um it reads all the data all the historical data if you start over so um that's really unique so it as I said it works on um back it doesn't work with the exit at the moment so we are looking for a solution for that maybe there will be announcement but anyway if you if you have if you buy it or if you test it uh maybe during the next weeks you will get also the the function of the x feed here but that's um that's not clear when it will happen so it doesn't work with the x feed so please if you have secure g data or rhythmic data or whatever data it works with all the common data uh provider but not with the x feed at the moment I hope we will get the x feed for futures CME and as well the x feed for stocks and that will be then then really an um yes golden bullet let me say that an argument for and pro bookmap okay okay excellent that that was the next question about the using uh which data feed uh does it work with um and Jerry was asking specifically about dx feed so there there's your answer Jerry yes um okay so can I'm a little confused though uh Walter can you talk about the differences here because um uh Stan is also asking about uh he has the sharp delta so what's the differences between your sharp delta and uh this market volume pro the difference is the sharp delta is not my development the sharp delta is an own development which was a little bit um yeah uh it it wasn't yeah let me say that way sharp delta is not my development and the market um volume pro is our development my development not to say that way and it's programmed smarter than sharp development sharp sharp delta it's completely new designed it's really fast and the difference is that um there's a yes total and comprehensive education about that second what I think you should think about that it's a lifetime license so you there's no need for subscription and you will get the updates for free if we add the x feed for example and other other options of yes other options to this indicator what I like at that point you don't need any dll or whatever because it makes the system a little bit more unstable so it is runs on bookmark marketplace it gives you a secure licenses licensing payment process yes of course it's an uh it's goody and it's an add-on um you get a five-day trial available as said the difference is simple it is developed from scratch it is very fast it is good yeah it is very fast and it has a smart programming it comes as a lifetime license and with free updates it runs on mac on windows no need for vls or whatever and you have a clear license structure on that um that's the main difference it's simply the coding what I didn't like with to be very open with sharp delta and that makes the this idea came up to make then to start over this programming stuff with market volume pro and I'm happy about that because it's runs on every copy smooth less once you have loaded it if you are heavy if you load it for the first time you have to reload the book map and that's it that's it it runs on mac as well as on windows and it will for sure run on linux bookmark for linux hopefully when we get it okay yep yep okay uh so uh that was yeah it is super fast I was actually impressed by how quickly that loaded there and that was uh excellent um so um that's uh fantastic um a question on the um uh trial uh Kendall is asking for five trading days or you know during the week or just five calendar days so I guess you know he'll hold off basically he's saying if if it's not um trading days he'll hold off until monday uh and then try yeah so I can't answer that I have to go back to book map to ask what means five days if it means five work days that's a good question by the way so thank you for that I have never thought about that I will write down here this idea and this thought about five-day trial because it's not under my control it's not under my control it's under control of book map and book map market book maps marketplace so um to be um open I don't know what what to say to that question I will pass this question to book map to understand better but if it's so that it means five consecutive days so if you are starting the trial on friday and you are losing then some sub day in sunday for example two days then I can extend it to 10 days for example but I have never thought about this question thanks for that okay okay well um so uh kendall you have uh all the contact information there for walter uh as well so you can reach out to him and ask um uh and follow up with him okay um all right uh I think that's about it um uh oh jerry's asking you about the success rate um of the of the beta testing um have you like back tested these this um uh volume market volume pro no it's not you know I haven't back tested it that's not possible and as said it's it's an additional information for myself it doesn't matter so I'm not trading I'm not trading due divergences it's not my trading style to trade divergences so therefore the the focus of a delta of a divergence I don't think that this is really successful in the successful in the long run we don't have at the moment here the as far I know the possibility to back test and the questions now what what what do you want to back test also we have discussed you can also draw rectangles now let's let's say this is an crossing red over green that means we can um we have had we have done that um draw on rectangle here um that indicates that you should sell them but I refuse to do that because I'm not a friend of indicators in pure indicator trading I don't want to understand what the market is doing what the market is telling me here then when I see that a market in my understanding of the market is right I'm looking for additional information so if they are hitting the bit here then I'm right with my short here or I might be right with my short here you will see that in this very fast and the volatile days it's a little bit more harder to trade it yes of course you can trade you can trade um you can trade the crossings here you can trade the crossings but then it's with as well with every single crossing is um the idea is it must trend the market must go forward the market must trend for yourself to get the profit out of that if you are in an range then every indicator fails every indicator fails so that's that's that's my what I'm trying to tell the people or who wants it's not my style therefore we haven't had we refuse to add lines or rectangles or whatever excuse me triangles or whatever uh indications to to the to the chart in order to to avoid any confusion for my point of view it's more important to understand the market mechanics how it how the market works how the market really um what the market is really telling you and then use this additional information to get and to get more confidence in your trading you can of course I said do that trade the crossings but I have haven't tested that I haven't any back tests on that and uh it's not in my interest to show you that it works profitably for the last year if you are only following this crossing see okay and that's not what I intended yeah yeah yeah no uh so really really uh good um answer uh and uh and and so there you go Jerry I mean this is not red light green light you know signal um so uh you know he's looking he's he's looking for a study of something very specific uh and then he's adding that into as a confluence to the other things that he he has as a higher um uh kind of on the list uh to take a look at and gain insight um all right and then uh let's see here just a couple of quick questions and we got to wrap it up here um there what are the trading room hours Stefan is asking the trading room is open 24 by 7 that means um I'm not around at the moment because I'm very very busy with other developments but I'm regularly looking in and as I said um the trading trading is postponed at the moment we had uh two week free trading in January then this market uh tons and the this virus turns everything uh up and that's that's not so therefore it's quiet quiet in the in the in the room but it's open 24 by 7 so if you have any questions you can post it place it then but um yeah that's that's that's all I can say please respect the etiquette in the in the in the in the trading room I'm very harsh with anyone who wants to disturb the room so if you want to come in your welcome asset when the next um live trading is I will make it public and you can be a part of to see what I'm doing but at the moment it's um it's not close but it's quiet right right okay um I think that's it um any other uh parting words of wisdom uh Walter Elsa will uh will wrap it up here no thank you very much that was it what I wanted to say the most important pie for a part of uh for all for all of us is to staying safe during the next days and weeks so maybe we will get locked um up here so um yeah lock down um if you want to trade my idea is go back to my web page and see whether you can get more into this trading because I'm not teaching the indicator here I'm not teaching this one this is a nice additional helper which adds to your um additional information look to understand my understand to understand the market mechanics and how market works then it is quite important to understand that we are not alone in this market we have to look on the on the correlated market we have to look what options this multi-billion industry of options are doing in this and that's that's really the part it's the core of my trading and the core of my seminars and education that's all what I wanted to say if we have um yes and then the next time maybe we can talk about like options about how options can influence also trading excellent uh yeah we'll have you again here soon Walter and um uh yeah thank you though for um being able to fit in uh we'll have Enrico Stuckey again as well guys uh so um it was really nice that Walter could present here today and went over some excellent things so we'll have the recording up later this afternoon thanks for coming everybody and uh and thank you Walter thank you and thank you guys take care bye bye