 Okay, welcome to the Bookmap Platform Details webinar. We'll go through the platform here in Bookmap and a little bit of the order flow. And first off, we'll start with the risks climatic. Trading equities in futures involves substantial risk of loss is not suitable for all investors. Past performance is not indicative of future results. Now this is the Platform Details webinar. We also have upcoming here at 11 a.m. Eastern Time the Bookmap Advanced Analysis webinar. Now this webinar is for those who are already in trial or current customers. So the idea here is to separate the two. Those that still have questions about the platform is for this webinar here. We'll go through it in detail. What Bookmap is showing you and the advantages and transparency you get using Bookmap. The second webinar is for those who are users already and don't have those platform questions any longer or at least have less. And then we just jump right in and exclusively start looking at the order flow, what Bookmap is showing, and then start to anticipate price movements. So that's the second part of the education that you get with Bookmap. So anyway, I'll continue on. I'm going to give you that link to the advanced webinar. I'm going to put it into the chat box for you right now so you guys can attend. So we do this every Friday more or less just so that you guys get an idea of what that webinar is all about. So hold on just a minute here. There it is. It's in chat for you right now. So you get a sneak peek today into the advanced webinar. Okay, so that said, let's move on here. So for those of you interested in Bookmap, let me show you where you can find it at bookmap.com. Let's click on explore. There's some intro videos here. They're very short. Check those out. And then let's go down to the pricing here. Actually, let's go up a little bit further. For Bookmap, for futures, you will need a data provider. We are not a data provider, okay? So you're either your broker or data provider. These are all of the different providers that we support in Bookmap. So you will need one of these if you want to connect to futures data. Now we also offer connection to U.S. equities via the DX feed that you see here. So let me explain what's going on. So there's just two versions of Bookmap, the basic and the advanced. Basic is 49 per month. The advanced is 99 per month. They are billed quarterly. You get a 14-day trial period with either or. It's probably best to start with the advanced for the trial so you get all the bells and whistles. It includes clicking one click trade from the chart as well as these add-on indicators. That is lacking here in the basic version. So you can go for the advanced version in trial and then go for the purchase for the basic if you don't need all of these other add-on indicators. Okay, it's up to you. Now we have a package deal here with the basic and advanced with DX feed. Now the DX feed here is only for U.S. equities. It is not for futures and we are not the data provider here either. It is through DevExperts, this is an exclusive deal that we have with them. It's an excellent feed for U.S. equities and if you guys are interested, let me know. I'd be happy to go over some U.S. equities with you and show you what that looks like. It gives you full depth of market so prices that are several dollars outside of current price are still active. That's a really nice advantage. Okay, and you can see the price here with the DX feed as well. Now if you subscribe to the basic or the advanced, you could still have the option for DX feed. You don't have to get the package. So you will add it as an add-on and I think it's $59 a month. Something like that. Okay, if you want to compare and contrast, you can click on this link here and you will see the different versions here of Bookmap R. There's also this Bookmap Quant version for those of you trading in high-frequency environments. Alright, once you're a member here and the members page in the portal, you find it here. All your information will be here under the Getting Started tab. I'm not logged in so I don't see it. There are videos here for features, education, and some support FAQs, etc. So you can reach out to us at support at bookmap.com and let me show you other resources here. There is the Twitter feed and there's actually a campaign going on right now for Trade of the Month. So if you guys want to look into that, go to our Twitter feed. It's at bookmap underscore pro. Now the rest of the videos here, you'll find them here on our YouTube page. For those of you who are new, I would recommend watching this Inform Trading Decisions intro here. It's just a minute long as you can see. And then there are features and component videos here to watch to get you up and running and familiar with the user interface in Bookmap. Next down are these order flow video snippets. They're very concise videos that go through what you see in Bookmap in the order flow phenomena that we see. This is more geared for trading, understanding how to utilize Bookmap. The first one is about understanding the controls. The next one is for understanding how to use it and what to look for. All sorts of videos here. Just start with a few, get to know what those look like, and we'll go through it here in these live webinars in the advanced session. That would be the webinar in 20 minutes. And then there's some selected webinars you can see. Some of the advanced ones are here as well, so you get a view of what those look like, so you can access them here. And then there's FuturesTrader71, Morad Askar. He is excellent. He's a Bookmap user. He's been a professional trader for 16 years. So you might want to check some of those out as well. All right, I'm already out of breath. So let's jump in here and take a look at Bookmap and what is it showing you? Let's take a look here. We're looking at gold. Let's go to the ES and let me zoom out. Now, this may look rather unfamiliar to a lot of you, the Bookmap chart. So I'm going to simplify this, and we're going to go through what exactly Bookmap is showing you. So what I'm going to do here is I'm going to go through and this Configure Visible Components button here. Click on that. We're going to turn on candlesticks. I'm going to turn off volume dots. I'm going to leave volume bars on. I'm going to turn off the best bid and offer, the indicators, and the heat map. So what I'm looking at here is a, it looks like a one-minute chart. Yeah, let's go to a five-minute chart. So I'll go back here to the Studies Configuration candlestick. And let's turn this into five minutes. And there we go. You can see here, you can make the body of the candlestick wider or smaller. Okay, I think default is 30. All right, here we go. All right, and already very interested in some of the order flow just by looking at the candlestick chart. And we can see the breakout here. Now, the problem here with this candlestick chart is we're making financial trading decisions based on four data points. Open, high, low, close of a five-minute period. Okay, that's a problem. What about the volume? Where did they trade? Where did, what kind of traders were they? Were they aggressive buyers or sellers? And how much did they trade? Where did those trades exactly take place? All of those questions are not answered in this chart. Okay, we do have a volume sub chart. As you can see here, but it still doesn't answer those questions. That's a problem, okay? So Bookmap solves that issue here. And I'm going to start to add on these layers of information to get an understanding of what really occurred within that five-minute candlestick period. Okay, so let's look at this breakout here. And we can see the move to the upside here. And actually it's been sustained here for a while now. Now it's not the strongest breakout. And we'll get into the details here. But if it was stronger, it would break out from this point here, or this little range here, and it would stay above. But we can see it came back down into rather kind of basically the POC of this area right here. And it's still holding above it, so that's still bullish. But if it was very bullish, it would hang out above this area here. Anyway, we'll get into the order flow. Let me continue on. Just looking at the historical best bid and offer that I added here into the chart is offering a lot. I'm starting to see microstructure and ranges here within the candlestick chart. That's where the candlestick chart is breaking down. Obviously I could go to a one-minute chart and it would be better. But here it is. And we can see we hung out above here, and then we broke down. We came back up, and this little microstructure up here, we retested it and broke down yet again. So all of that is lacking here within this candlestick chart. So it's already helping just to see historical best bid and offer. Now let's add on the volume dots. So now I have the volume here. And let me zoom into this area here, because it's a pretty interesting area. So I'll just click on this hand tool, the move tool. And you can left click, hold, and drag, and go back and forth in time. Or you can click on this, and you can also use it together with the zoom in and zoom out. However, a really quick way to use zoom in and zoom out is by your center mouse wheel. So with the hand tool, the move tool selected, hover over an area, and then zoom in very quickly with your center mouse wheel. And you can adjust it by left click, hold, and drag. So let's zoom out just a little bit here. So I'm going to look at this little area right here in particular. And what I'm interested or what I want to show you is what book map is displaying in terms of volume. So here's our historical best bid and offer. Best bid is the green, best offer is the red. Now you see a green dot, many green dots here, take place on the best offer. This is an aggressive market buy order. Someone hit the market buy button, they paid up, they crossed the spread, and that's why we consider it aggressive. And they took liquidity off of the best offer. Anyone who was lined up here to provide liquidity, 178 contracts were available. Well, at that point it would be 239. And that liquidity was taken by this trade. Let's click on this show data tip tool. We can hover over that dot. And you can see I get the date, the time. What was on the ask here? So there's our 239 contracts at that price level of 2462 even. And this was for volume of 1. So if I roll over these other areas here, I still get the liquidity. We're not showing the heat map at the moment, but I'll turn that on. And you still get the date, the time. The time is down here now for the moment at the millisecond level. So you get very precise, detailed data. And then you see what was on the ask here. Now down below, you're going to see what's on the bid. So that's an aggressive market buy. An aggressive market sell is the red dot. Same thing. It's just a sell, and it took liquidity off of the best bid. Now note this little area here. We have a pie display of both buying and selling. What occurred here is a flurry of activity. We still get the overall volume. We see 318 contracts that traded here. But there was buying and selling very quickly within this area. If I zoom into that area, note exactly what occurred here. Now there's a little bit of lag between best bid and offer and the traded data because you can't have a trade here. An aggressive sell take place on the best offer. Any questions on that, I'd be happy to answer it. It's just that the bid and offer data comes in differently than the trade data. They come in via two different internet protocol. So there's a little bit of lag here. We're down at millisecond level. So we're down at millions of seconds here. But this is what occurred. You can see exactly what occurred in this market. And you can see the aggressive buying that took place here and then here again. So if you need this kind of precise data for automated trading, you have it. We can continue to zoom in here. We can go down to unlimited zoom basically. Now we're down to nanosecond level. We're talking billions of seconds here. Anyway, let's continue to zoom out. Now most of us don't trade off of that time frame. It is all there, but note how Bookmap is giving you the overall delta of that volume that traded here very quickly. As I continue to zoom out with my center mouse wheel, note how we consolidate all of that together here. So now we have a really good picture of what occurred within this five minute candlestick period. We see this breakout here. And look at the volume that traded up here. Now we're getting a really good picture of what occurred here. And look at there's both buying and selling in here. So this is a pretty big battle within this area. And buyers, they won the battle at the breakout here, but sellers came right back in. And that's why we went sideways here and came back actually and tested down here into that POC area I was pointing out earlier. So you can see what really is lacking here in this candlestick chart. And now we're starting to get a lot of transparency here just in the volume alone. We haven't even opened up the heat map yet. So now let's do that. We're going to go to the current market. I'm going to click back on the move tool and I'm back at the current market. So in the current market, what is really good to note is where the traders are lining up in the dome in the depth of market. So we can see here the best bid and offer in the dome. This is the book map dome. The current order book, right? The way I've got it configured here, you can see best bid and offer here in the two rectangles. And then you can see the depth here on the bid or on the offer and the depth here on the bid, okay? These are traders, hold on just a moment. All right, these are traders lined up providing liquidity at these specific price levels. And they want to trade at these levels. So you can see them here with their contract sizes and the liquidity in the marketplace. This is what makes the market, okay? It's the liquidity. And looking at a dome is excellent. It's excellent for a snapshot of the current market condition, okay? So you might want to start to understand, well, we have 800 contracts up here and we have 973 here at 62 and a half. So we know that there's sellers up here. Now they're starting to pull and add a little bit higher. So that gives us a little bit of insight. But look at how difficult it is to start to read this information here in the dome, right? The problem here is that the dome is fleeting data. It's here for a second and then it's gone. And that's a problem because you're gonna have to remember and it's very taxing mentally to remember all of these levels here, remember how long they stayed. What about areas around it? Were they bidding below or offering below or above? If they're offering above that showing rather bearish insight. So all of that data is, once it's displayed and lost, the only way that you're gonna have to access it is through your own memory, okay? That's where Bookmap solves this issue. So let's turn on the heat map, okay? Heat map and extended heat map, all right? And here now in this window here, which is also current state of the market, okay? To the right of this vertical white line, all right? And we can see this heat map here, this grayscale heat map. What this heat map represents is the liquidity in the limit order book, okay? So areas of high liquidity are painted brighter, all right? And you can see that they're starting to bid here a little bit at with 800 contracts here at 60 and three quarters. Or I'm sorry, it's not 60 and three quarters. Let me go back here to four ticks, there we go. All right, so at 61 even is where we're starting to see liquidity come in here now, okay? Okay, so you'll see that these numbers change all day long. And it's reflected in the heat map here visually in the graphical heat map, okay? Now where this gets interesting is that we take this data here, it's recorded. Let me zoom in a little bit and I'll show you. You see how we're scrolling here. So this data is recorded and then projected onto the chart historically, okay? So look at them starting to pull this liquidity here at this 62 and a half area. Now they're up here at 63, okay? Aggressive buyers coming in, looks like they wanna come up and test 63, all right? So we're getting a lot more information here and we can understand the intent of these traders historically now, okay? You don't have to remember that they were here and they pulled before. It's all visually recorded here, all right? If you want the specific data, you can use the data tip tool and you can hover over these areas. You can see we went from 984 contracts here down to 735 and then they came back in and then they jumped out as soon as price came up into this area, okay? We're understanding the context of these traders in their intent to sell at these levels. They're pulling, okay? And then they're adding back in as price comes back down. So we're starting to answer the question here of the intent of these traders. Do they really wanna sell or not? It looks like they wanna sell up here at 63, but they're not showing that much interest here at 62 and a half. Now we know that, all right? So that's what Bookmap can offer you and you can start to zoom out and get a much bigger picture understanding of that historical liquidity and larger players, okay? So the way to do that is you can adjust your heat map. There is the automatic contrast configurations up here and there's a quick slider here for the black cutoff. We can bring that up and we can start to highlight the more important liquidity, okay, the higher liquidity and we can kind of get rid of the noise here of that market making liquidity in between areas of high liquidity of the bigger players, okay? If you want more sliders here for adjusting that heat map, we'll click on automatic contrast configurations tool and then play around with your black and white cutoff to begin with, okay? It's pretty, these are very powerful sliders here that will filter the heat map. And then maybe you want to, you know, you can play around with a contrast. I usually leave it at 50. We can bring up the large size highlight. What this does here is it targets that high liquidity and we'll just filter those areas for you. So, you know, if you really bring that up, you're gonna get a lot more detail with that high liquidity. Now let's bring also down the brightness, okay? And note here, if I bring up that large size highlight, look what my map looks like now, okay? So now we have a little bit more insight to the areas up here at this 62 and a half and 63, okay? All right, let's bring that down a little bit. This is really up to you and it's up to your zoom level as well. And what's important here is to get something that works for you, okay? So play around with it just a little bit. It doesn't take much. And then, you know, get a view that you like. I kind of like this one. It's working pretty well for me. Here come the buyers back in. And then, you know, if you zoom in, this heat map may change because of the, it will recalculate for the liquidity here historically in this current view. So all it takes is really just a quick, you know, movement of a slider and you'll get the information that you need, okay? Very quickly I can get, you know, in a couple of seconds the view I want and that looks good to me and I'm good to go, okay? All right. Okay, so look at our here. We had one more rotation here and then we can see these guys pulled again, okay? So we had that insight here. Well, in real time we had it here but we can also see it here, right? Right when we came back up into, they start to pull, okay? But they are adding in up here. It's showing kind of bearish behavior but they are adding at 63, okay? So just a couple ticks above, right? And we came one tick away from testing 63, all right? So now we're starting to understand the intent of these traders within the heat map, okay? All of that is outside of this candlestick chart, okay? So let's just take the candlestick chart off completely, all right? And now we're getting a lot more transparency into this market, starting to understand where traders are lining up, their intent to trade at some of these levels and then putting that together with the volume and what type of volume it is at these areas. So that's the basics of what Bookmap is displaying. There's all sorts of details here in the platform. You can filter for the volume through the click on studies configuration, click on volume dots. You can have the dot clustering filtered. You can filter your volume dots by time, okay? Every five minutes maybe, you'll get a volume dot, right? Or you can also filter it by volume and by a number of contracts. So maybe every 500 contracts. Let's see what that looks like. All right, let's try every 5,000 contracts. Still quite a bit of volume. So every 5,000 contracts, you're gonna get a dot and you can see the overall delta, all right? And let's go back to the smart, the smart clustering just is kind of a combination of time and volume and then a dot will be painted, right? Now that's just the clustering. There's other settings here as well. I would encourage you to take a look at the owner's manual for more information. If you wanna access that, come up to help and then user guide right here, all right? Okay, guys, well, you've got the link for the next webinar in just a minute. So let me paste that back in here. Okay, there you go. And I'm gonna jump over to the advanced analysis webinar and see you in there. Okay, take care.