 All right welcome to the webinar. We'll jump right in to bookmap and start looking at the order flow. A risk disclaimer. Trading equities and futures involve substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. For more information go to bookmap.com become a member. You have access to a lot of free resources there. And then support at bookmap.com is how to reach us. All right, so I'm going to jump right in and let's take a look at bookmap. Okay, so we're looking at the ES and I just want to show a simple candlestick chart. Okay, so we see the open high low and close of each time period. Okay, this is a two-minute candlestick chart. Okay, that's the data that is plotted here on this chart. Okay, now there's a problem here. This is about five percent of the data and information out there in the market. Okay, there is so much more going on within this candlestick chart. Okay, we don't know where the volume took place, how much traded, what type of volume it is, and the buyers and sellers, the majority of them, and where it transpired. You know, it did happen at some of the highs, the lows, or the middle of some of these candles. We have a subchart, which is good. That gives us a little bit more information, usually, in a candlestick chart. So we know that there was a lot of volume on this candle here, and then there's a lot of volume in this candle up in this area here. Okay, so that's good, but the problem here is it doesn't answer any of those other questions. We don't know where it took place. Okay, and what type of volume it was. All right, so we're making financial decisions based on a candlestick chart, and yet we don't have a host of information here. Okay, we don't know where the volume took place, and that's just the volume. Okay, what about outside of the chart? Okay, what about the auction? Where are traders lined up to bid and offer within this marketplace? Okay, we have none of that data here. It's dark. All right, so I'm going to layer on some information here. I'm going to zoom in just a little bit, and let's take a look at and just start to piece together some more information and add it in. Okay, so I just, all I did was add here onto this candlestick chart. The historical best bid and offer. Okay, the green line is the historical best bid. The red line is the historical best offer. Okay, so we already have an understanding. At least we see the candlestick here, and we can see where they were bidding and offering in that process. So there was more actually down here on the second half of this candle. So we're already seeing a little bit more information and understanding of what comprises this candlestick here, just with looking at the historical best bid and offer. Okay, but what about the volume? Let's go back to that volume. We don't know where the volume took place. Okay, so that's a problem. We need to understand where that volume took place in order to make much more informed to creating decisions. So let's add that onto the chart. Okay, now we have a much better understanding of what comprises this price action in the candlestick. Okay, look at the amount of selling that took place here. Okay, we can see with on the best, historical best bid and offer, and we can see big red dots. Okay, they're hitting the bid hard, pressing price down into some of these areas. Okay, and this is much more information. Okay, we can understand the type of volume it is. Red is selling that takes place on the best bid, and green is buying that takes place on the best offer. Okay, so now we're starting to gauge the activity in that candlestick. So we can zoom in and take a look here at exactly what occurred here. I mean, we can see this pie display. It's giving you the overall delta of this volume down here at the low of this candlestick. So let's zoom in there. Okay. All right, this is what really transpired here. Okay, the majority of this volume, Phil, you cannot see, you cannot hear anything. The seek. Everyone else, can you hear me? If not, Phil, I think I'd come back in, log out, and log back in. If I can get a sound check, and okay, I'm good. Screen is good. Okay, good. All right. So Phil, I guess, is gonna drop back in. Okay. All right, so now we have a lot more transparency. Okay, and you can see how bookmap solves that problem with volume here. Okay, we're getting much more information here, and that's good. That's really good. But we want more information. What about the auction? Where is that taking place? Okay, we have no idea. All right, and that's a problem here. Okay, we want to see where the majority of buyers and sellers are in this auction. Okay, and we don't have any of that information. So let's turn on the heat map here, and you can see how bookmap is solving that problem. Okay, now we have the historical depth of book here in the on the bid side, and then on the offer side. Okay, so let me zoom out just a little bit. Now we're getting a complete picture of what's going on in this candlestick chart. Okay, we can see that the majority of the players, they want to be buyers down at this area here. Okay, the majority of the sellers, they're up in this area here. We just tested into high liquidity up here. You can see that because it's very bright in the heat map. Okay, we can also start to gauge their behavior when price came up into this area and the volume that took place up here. Okay, all of this is not, you cannot see that on the candlestick chart. Okay, now you can. Okay, and and this can help you make much more informed trading decisions here. We can understand where the volume is taking place and where they're lining up to bid and offer. Okay, and we can see and put these pieces together now in the transparency of book map, starting to understand approaching these areas, the volume that traded in that auction. And then you can see that we have a little bit of exhaustion on this tail here. Okay, but that tail, this candlestick, this tail here, well that took place over here like a minute previous. All right, very little. Look at the insight that we're getting here. Very little volume compared to some of these big dots that took place here. Okay, and then look at the volume that took place right afterwards as well. Okay, no more aggressors. Okay, or very little I should say. Okay, the sellers come in. The sellers take control in this area and they start hitting the bid hard. Okay, and you can see this. This is what comprises that candlestick we were previously looking at. Okay, we can see that where did we go? We went into the high liquidity down in this area here. Okay, you can see we're just trying to reach it and they're starting to pull some of that liquidity down in this area here. There's some transactions that took place here, but they're pulling. Okay, so we're starting to understand, engage, what is what is going on here? Price is in a small uptrend. It breaks and it comes back down into the volume that is taking or the auction that is taking place down here around this 4750 level. All right. Okay. Any questions on that? I just want to go over in some detail here. What you're looking at in book map. There's a lot of new traders in here. We've had a lot of new webinars and I just want to introduce all of this to the new traders so they understand what book map is, the problems that you can that you have with the current charting platforms and the lack of transparency that you're getting. And then now you can see how book map is solving that issue. Carl, okay. You're just here for the free tacos and beer. All right. Bill, let's get into that. How did I pull up the volume pie on the chart? Yeah, Felix, the candlestick chart here is two minutes. Okay. But the book map is not time-based. Okay, I mean we have unlimited zoom in book map and you can you can continue to zoom in. So let's just take this example here what we were just looking at. Okay, the volume that comprises this area, and then let's take it. We'll take a look at this little drop down here as well. Okay, so the pie display, I'll cover that right now. Okay, click on volume dot click on the study configuration. All right, and then we'll click on volume dots and then this volume the dot display here. Okay, you can show it as a gradient which gives you kind of the overall color of the volume that took place. So you can see that this was both buying and selling because it's not really green. It's not really red. It's kind of brownish. Or we can look at a solid line going across and you can see that the majority of it is selling here. Okay, the majority of this big dot is buying or we can look at the pie display. And this pie display is the clearest here. It really gives us the a much cleaner understanding of the volume comprised in this area. Okay, and why do we have a dot that is both buying and selling? Okay, well that's because this there's so many transactions that took place right at this moment that we have to display it as an overall delta. Okay, and I just click on the hand tool, hover over this dot and you can use your center mouse wheel and you can zoom in. Now we're breaking apart that delta and we're starting to understand exactly what transpired here. Okay, so there's a little bit of lag in delay in the data from between a historical best bid and offer and traded volume. Okay, but we can start to understand here, for example, the selling that we were looking at. All right, now look at the timeline down here. We're looking at like nanosecond level data. Okay, this is exactly how these markets unfolded and transpired. Okay, we can look at every single event that took place. All right. So we had a flurry of activity here of buying, aggressive buying, followed by a flurry of activity in aggressive selling. And as I zoom out, we get the overall. Okay, and you're gonna see that I'm going to zoom out some more here and all of this volume here. Okay, now it starts to get, it gives us the overall display. All right, and look at the timeline now. Okay, this between each vertical dotted line here is five seconds of data. All right. So and I continue to zoom out and these will continue to aggregate only graphically to give me that overall delta and understanding of the volume in these areas. All right. Okay, so I think that answers both of those questions here. All right, and let's take the candlestick off here for a moment and let's just look at the heat map and the and the volume bus and historical best bid and offer. All right. Because the candlesticks are, you know, they can be good. They can show that buying and selling pressure. We saw what comprised that wick in the candlestick. But here's the transparency. That was, there was a problem with that candlestick. It did not give us the information. Okay. Now we're getting it. You can see the volume and you can see the auction. All right. Yeah, candlesticks are irrelevant. Okay, Francisco. Let's see here, Felix. You see you trade off of five unit RENCO. Yeah, we don't have RENCO charts. We do have, there are some volume settings here on the dots. You can see that we offer a lot of different ways of looking at this data. There's a dot clustering here. It's on a smart cluster at the moment. But if you have none on here, you're gonna get and the clustering is only an aggregation graphically. Okay. All of the data, every single market event is recorded here. And it's not just the volume that is recorded. Look at these striations in the heat map. We can understand the auction down here in these areas or up in these areas here. Okay, we can understand the intent of the sellers if they really want to sell or not in some of these areas. Okay, so that's none and then I want to show it by time here. Okay, and we'll look at this. Let's turn it into five minutes. Okay. So now what we're looking at is a dot is produced every five minutes. Okay, so now you can see each vertical dotted line here. I have is there's five minutes of data between each one. Okay, and there's a dot on each five minute period. So from here to here, this volume dot is giving us the information that there's a bit more selling in this area compared to buying. All right, let's turn on that candlestick again. Okay, and let's look at a five minute candlestick chart. Oops, and well, you can see that there's a the down candle here. And oops, and you can start to I mean, that's good. It's basically, you know, a regular candlestick chart. We have a wick on the top, a wick on the bottom and a body here. This is a very normal looking candlestick. And we can but we can understand, though, where the overall VWAP of the of the volume took place in with the dot. And that's right in the center here. And that shouldn't be any surprise by looking at this little micro range here. And then we have the overall delta of what took place here. So that's one way of looking at it. You can also look at it by volume dots. Okay, so if I input here 500, S&P is quite incredible in its depth. Let's input a thousand, even a thousand is quite a bit, not enough. Let's input 3,000, 5,000. There's a lot of a lot of trading, a lot of liquidity today. All right, now what we're looking at here with this setting on the volume dot is a dot is painted on the to the chart when 5,000 contracts have traded. So it's not time-based, it's volume-based. And you're going to note that a lot of times you're going to see the, it gives, we give you the overall VWAP in the center here. That's the VWAP of that 5,000 contracts that traded. So it's not, it might even be outside of the historical best-bidden offer. In this case, you can see it's obviously outside of the, or it's just here on the wick of that candle. So we can just see just by the volume setting, we understand that, wow, okay, there was a lot of volume that traded at the bottom of this candle. All right, and we understand what comprises that wick. Okay, so let's go back to the smart. And what is the smart showing me? The smart dot cluster setting. Well, what this does is it has kind of a circle of influence around it. And it will cluster the volume and give you that pie display. If a lot of volume, a flurry of activity of trading, took place within that a small time period, and it will paint a big dot, and it will give you the overall delta of that volume. So as I, there's a slider here. And the smart dot clustering has the slider. And if I continue to take it to the left here, it's off, basically. It's not working. All right, now if I take it to the right, I'm increasing and expanding that circle of influence. And now you can see that I've taken away all of these little small trays that took place within here. All right, and I'm showing you the overall VWAP of that activity within this area of time and volume. All right, and you can see here, this is just to make the point of this circle of influence. If I take this all the way to the right-hand side, we have one dot, and that's it. And what this is showing me here is all of the volume within this viewable chart range, and that's its circle of influence. It's everything, all the volume within the chart range here. And it's showing me right where it took place in the VWAP. So the high, the low down here, the high up here, well, this is the majority of the volume, the VWAP of it, right here in the center, and you can see that there's a bit more selling than there was buying. Okay, now that's extreme, but I'm just demoing that so that you can understand what the smart clustering is doing. So if I start to bring this down, you can see that we're getting that kind of overall of this area and flurry of activity. And why would you want that? Well, let's zoom out a little bit. Okay, there's a lot of traders that are trading on higher timeframes, and they want to understand, they don't want to look at every single individual trade. Okay, they want to look at the overall. That's what they're looking for. Okay, and they're putting that together, that overall volume together within the heat map, the auction. Okay, so you can see that we're having a hard time trading into this 2450 area. Right, what do we have up here? Okay, we have a high liquidity up here. All right, we have a, this is a big figure too. Okay, it's a round number. It's in the middle. It's not the 2400, but it's the 2450. Okay, so there's going to be a lot of liquidity usually at these numbers, and you can see it here, and we can gauge it. All right, and look at the interest down here now at 48. Okay, all right, so that's giving shape and understanding to the candlestick, and I'm going to turn the candlestick back off. All right, and I'm going to go back to my studies configuration. I'm going to click on restore, and we're going to go back to just the default setting that most of you are looking at. Okay, let's see here, Felix, is it possible to see one minute chart? Oh yeah, absolutely within these horizontal lines. Yeah, in fact, Felix, there's a button up here, time slices. Okay, so this is probably perfect for you because you're going to be looking at this maybe within your higher time frames, and if you want to look at one minute of data, just click on one minute here. Okay, now this viewable chart range is exactly one minute of data. It's a scrolling one minute chart. Okay, now if you want to look at the vertical white lines here, dotted white lines at one minute of data, we'll start to zoom out a little bit. Okay, because you can see we're looking at actually 10 seconds between each vertical dotted line here. Okay, but now as I start to zoom out, now I've got 30 seconds of data, and I start to zoom out a little bit more. Now I've got my one minute chart between each vertical dotted line. All right, as we continue to zoom out, you can see how this the vertical dotted line changes. Now we're looking at two minutes of data between each vertical dotted line. All right, now it's 15 minutes of data. So you can line this up, this activity up with a 15 minute chart. Okay, we can look again at the candlestick here. Let's turn it on and let me go back and let me click on the candlesticks and let's look at 15 minutes of data. Okay, and here you go. Okay, so you can see Wix on both sides here. And this completely makes sense. Okay, as we're starting to understand now what comprises this candlestick, you know, that issue of not being able to see what's going on within the chart with the candlestick. Now we can. Okay, we can see we are trading between a range here of high liquidity on the bid and on the offer. All right, okay. All right, hope that answers your question, Felix. And Francisco, all right, let's take a look here. You want to look at some exhaustion at 11.05 down here. Okay, so this is, we covered this in the, in some, in a lot of detail here in the educational course, and I want to show you guys that. Okay, hold on just a minute here. Okay, so if you go to our YouTube channel at book map here, you can see, you can, you can see the educational courses up in the newly uploaded videos here. But click on the playlist here. Playlists, all right. And then click on book map education course. All right, and that'll bring you to the playlist here. Okay, so there's part one through part four. And in exhaustion, we cover it in part one. All right, now, Francisco, you know, he's been trading, sounds like quite a while, has a lot of experience. And he's, he's asking about exhaustion. All right, so this education here, we go through these examples of exhaustion and absorption in part one, very, very simply. Okay, but these are very profound concepts in the marketplace. And understanding these just in part one will lead into a much deeper understanding in part two, three and four. Okay, because we start with the basics in part one, and we build. All right, and in the end here in part four, we're dealing with, let's just click on it. Okay, we're dealing with advanced applications, confluences and enhanced execution by putting all of these pieces together. All right, so part one, let's just click on that. All right, part one is the intro to the basic mechanics, understanding these issues or phenomena like exhaustion, like absorption, like a sweep of the price book, okay, or an imbalance in the, in the limit order book and how it affects price. All right, and then we move on to in part two. Let's go back to the beginning here. Okay, okay, okay, here's part two. So in part two, we're dealing with auction theory, volume profile and market micro structure. Okay, so we start with binary activity in part one with basic mechanics, and then we start to get into structure and theory of structure and volume. Okay, and then in part three, we get into the practical applications of order flow and structure. So now we're starting to look at setups and we're starting to piece together the, how to take advantage of this, this information, how to utilize it, how to apply, how it can help your trading. Okay, and then the advanced course, again, that was just going over the confluences and, and enhancing your execution of, of part three. Okay, yeah, Bill, this is all available for you right now. In fact, I'll just put the link right into the chat if you want to go and visit it. Again, the way to, to view it here is just go to a book map, you can subscribe here as well and then click on the playlists here and then click on education course and then here's the link. All right, and I'll put into the chat for you. There you go. Okay, all right, so let's, let's go back here and, and take a look at Francisco's question of exhaustion. What happened down here? There's some pretty, pretty nice stuff. And, and look where it happened on this 15 minute candle. I mean, this happened way earlier and, and you would have been able to make a trading decision probably here, based on some of the setups that we cover as well. Anyway, let's zoom in here. All right. Well, it's not pure exhaustion. I mean, there was some trading down here. Okay. Exhaustion would be just complete lack of aggressor. Okay. No, no, no selling. We're looking for nothing occurring here. In fact, let me, let me show you an example. All right. Well, I mean, you can see that these little examples here, I know this is very microstructural, but just to make the point, there was no buying here, nor here, none. All right. So the trading took place within this small range, this, this, you know, best didn't offer range. Okay. It did offer outside, but it exhausted. No, no one was interested and, and price fell back and transpire, transacted one tick lower. Okay. So in this example, they were hitting the bid, the aggressive sellers. Look at all the big selling that took place here. Okay. And what occurred when we came down into this area here at 1105? All right. Well, we see, we see some selling, but we, we don't see a lot. Okay. The big, the big dots, they're gone. Right. They, they didn't, they didn't take these guys on here. And this is how, having this transparency and market data displayed in book map, it gives you insight to these areas, because look at, look at what's here in the depth of book on the, on the bid side. Okay. Almost 1300 contracts right here, one tick lower. Okay. 1200 contracts, one tick lower beyond that. Okay. That's pretty high liquidity in the highest liquidity would, would be, yeah, it's this level right here. Okay. And now we're starting to understand a lot more detail. Okay. So, yeah, I mean, this would be a great trade if, if you had a bias for the long side. And again, like, you wouldn't get filled here, most likely, unless you were waiting first in line, and this is a, you know, first in, first out market. Okay. So that, that this is some insight to understanding the market mechanics, but also your own execution. You're probably not going to get filled down here. How many contracts traded down here? 84. And we know that emphatically. This is fact. Okay. If you were the first in line here waiting for all day long to, for the market to come down into this area here, then maybe you would have gotten filled. Okay. But if you, if you hit the, if price was trading down here and you hit the market buy button, you would get filled here at, at 48. Okay. Not at 47 and three quarters at 48. Okay. If you waited and you saw the exhaustion start, start to occur down here. Okay. Into this high liquidity here. And they didn't want to take them on. And you started to note that they're hitting the, or lifting the offer with aggressive buys. Now you're going to get filled up in these areas here. You're already like almost a point away from the, from that low here. Okay. So anyway, just to, to give some insight to the execution and understanding of these mechanics. All right. Any other questions? Okay. This is a review today. It's Friday. And let me just jump back here. I want to take a look at a couple of things. Close this. Okay. And what's going on here in the bigger picture of that S&P and not a lot. So today was a good, good review. And I mean, we can see that we're still trending up, but the 2450 level is holding. Right. You can see the candlestick chart here. I mean, we see the buying and selling pressure, right? With the WIC here and then just going sideways in the middle. But we don't understand the liquidity. And now you do. Now you see it. All right. Okay. Where's the tea and the vegan donuts? Good, good question, Francisco. If you want to bring those next time, we'd all be, we'd all appreciate that. Be very happy. Let's see. It was, was it Felix? Yeah. Who was it here? It was here for the beer and talk. Carl's here for the beer and tacos. Yeah. Well, that sounds actually better. That is Friday. However, it still is morning. Here. So maybe in a handful of hours, I'm all over that. All right. So looking, looking forward to that. In fact, it's been a long few weeks, you know, we put together that educational package for you guys and had some, some pretty big presentations as well. Okay. All right. Any questions? So starting to, you can see how just a basics here. Leads to some really profound information. Okay. That's going to offer you enhanced trading. Because the problem today is that we're not getting the market transparency that we need to make better trading decisions. Okay. But it is possible. It is possible. Take limit order book information here now. And, and see it in the book, but then record it and show it here in the auction. All right. So again, understanding here. And let's, let's take a look at this. Okay. So this, this 2450 level. All right. We're getting a lot of insight here just within this heat map. Because look at how these guys, although this is the figures here, right? 1600 contracts here. And it looks like we're poised here to test them yet again here. This is an important level. Look how they behaved as it traded, actually traded through by a tick here, okay, a couple times here and then here. And we see that the orders that transacted, right? And look how they pulled that liquidity, right? Some of it traded here, right? When we see there's high liquidity here and then they start pulling, but there's still, there's still like a lot of activity that took place here. Okay. In fact, let me turn on the, the next, the indicator. This is leading to some of the confluences at these areas. And we have our iceberg detector that's showing me exactly what's going on here. Like there's liquidity that traded that wasn't in the book here. Okay. Here's a beautiful example. Okay. So we're seeing now this happened rather quickly and but still, you know, if I need to, you know, display this, I mean, we can see as I zoom in exactly what transpired. But this is aggressive buying, okay? But 158 contracts traded here, but that wasn't in the limit order book. They pulled that liquidity in this area. See how it's, it got dark here, right? So larger players are getting filled here with a hidden order, okay? They're not showing their, their limit orders and the limit order book. Instead, they have an iceberg order here. And someone thinks that, oh, they pulled liquidity. Now I can, I can lift the offer very aggressively by just pounding on it and trying to get up and through this 2450 level. And there's a battle. And what's occurring here is a larger, another larger player is on the other side saying like, well, you know, I'm not going to show my high liquidity. In fact, maybe it was the same player who pulled their liquidity here in the limit order book, but has an iceberg hiding underneath. So they get their fill. They want to be short here at this 2450 level. So 158 contracts, they're short. And now it's 188 as I zoom out and we start to aggregate visually all of that data. 189 now. And then 210 as I, as I zoom out more. Okay, that's the added confluence here that we're starting to understand these levels. Okay, it's fascinating stuff. It's this is, you know, you can see how we started off so simply today, but now we're starting to identify. You can't see any of that within most of the charting platforms out there. And that's a problem. Okay, now we're starting to get that transparency. We're starting to understand the liquidity and how they're behaving up in these areas. Okay, and now that solution is is there. It's this is solved. We understand large players up here pulling liquidity, but they're using icebergs. Okay, that's a trick. Okay, for them to get their fill to to pull their liquidity, but get their fill. Okay, as I zoom, as I zoom out here, look at the look at a very substantial iceberg took place here. Okay, I think it says 892 or if I zoom out more nine hundred and 49 contracts OK, traded up here. That weren't in that limit order book. So these guys, these larger players, they're short. That's why we didn't trade through this area. Even though they pulled that liquidity. All right. Okay, wow, Carl. Okay, well, I guess if I don't if I don't start drinking early and then how can you drink all day? Well, that makes that makes perfect sense. But I guess maybe I'll start drinking all day in the early evening. How about that? All right, for 20 24 hour period based on the starting point in the early evening, that'll that'll solve it. Okay. So, Dar, let's see. It used to be a theoretical average function. No, that is with one of our partners with S5 Trading. They do offer basically. Let me let me let me address this this question because Sardar is asking about some of the API functionality here. You can write your own indicators in book map and the way that you can do that here, I mean, there is a GitHub web page as well. But let me show you here. This is the API button up here. API add on configuration. Let's click on that. And there's three trading strategies here or execution strategies here that you can engage here. Now, this is just to demonstrate the capabilities within book map. But this is offered to you. You can use these for your fills. You will need to sign a disclaimer for that. But really, really interesting stuff here. You can. I should demo these, but we don't have time today. The there's a chase, escape and execute strategies. And basically, you can have your limit order chase the market by a specific a trailing stop or a trailing amount. It kind of works like a trailing stop. But instead, it's an entry order. The escape strategy, what that does is your limit order. And you're looking for liquidity here to base your decision. So, for example, let's take a look at it. We're seeing some interesting stuff unfold right now. OK, look at the high liquidity here on the bid. This is a shift in the auction. OK. We're noticing this shift in the auction. They were down here and that's where the majority of the liquidity was. Now it's up here. OK. And we can combine that with the aggressive buying that's taking place here. OK, there's more. There's more buying now than there is selling. It looks like to me. And, you know, with them pressing underneath here with high liquidity, I think we're going to come up here and test that not only the 2450, but maybe some ticks beyond it here. OK. They need to step it up. Right. The plan is here, though. OK. Or maybe this is spoofing. OK. We can like before we noticed up in this area here all of these hidden orders going off. OK. And we're seeing it again. Here's a hundred and ninety. OK. And here's eighty three. So this is a battle. We don't we don't really quite know yet. But there's going to be a battle here that's going to shape up. Right. And that that is for sure. OK. But we're getting insight at two. And let's wait and see who the victor of this battle is. And then you can get in on a pullback. And if we break this area, get in on a pullback and then look for that continuation to the upside. Right. So anyway, my point is here with the limit orders with the escape strategy. Let's say you would you would place an order down here. OK. And at this area here, if price came down and tested your limit order, it would actually escape away because at here it doesn't have a lot of liquidity behind it. But if if it if it occurred here, your limit order would have stayed in the book. And the reason being is that there's high liquidity behind it to justify your your your limit order here to go along. OK. So that's a that's a nice advantage. You're going along with the bigger players. Right. All right. And the execute strategy is very aggressive. It will read the book. And if you see an overall advantage one side or the other with the limit order book stacked, then it will execute your strategy immediately within that direction. Right. All right. So what Sardar is is asking about is the theoretical average. So that was a long winded way to describe the API. But you there's a brokerage, the S5 stage five trading. They write they wrote their own proprietary indicator. OK. And they offer it. They offer book map. Right. And they also offer that that add on indicator. OK. It's not ours. But we don't own it. Right. So you can start to understand that if you if you're a programmer, you can also write your own and and you can also sell them. It can be a marketplace as well. So it's up to you. OK. All right, guys. Well, let's wrap it up here. See any more questions? Yeah. Another another example here of the exhaustion, especially right here. Here would be your exhaustion. Right. We have we have nothing that traded here. OK. And this actually tested a bunch of times once, twice, three times. OK. A little bit traded here. Just just nine contracts. OK. This one's eight and this one's one. All right. OK. Yeah. Let me let me show you where you can get book map. And let's see. It's a bill is asking. So let me show you where where you can find this. Just go to book map dot com and then under the pricing tab here, just click on that and then it'll take you to this window or it'll scroll down to this this this section. So there's a book map basic and there's a book map advanced. OK. There's only there's there's two versions here. All right. The book map basic is showing you. Well, let me go over the book map advance. OK. The difference between these two is the book map advanced. You have the ability to trade right from the book map chart. And and that's an advantage because now you can start to place your orders in front run some of that liquidity or hide your orders, your stops behind some of that high liquidity if you want. That's a really nice advantage because we have it here. All right. And the other add-ons like that iceberg indicator that was one that I covered today. That's part of the advanced as well. OK. And that's just one. There are there are many the correlation tracker the large lot tracker, OK, volume and balances order book and balances. OK. And so those are the two versions here. Now we do have book map for stocks as well, OK, for U.S. equities. All right. And that's these these two versions here. If it's just a package deal, you if you have already the basic in it or advanced, then you can still get DX feed here. You just have to pay for it individually. You save a little bit if you you get this version here with the bundle and the and the data feed. You know, we're not a broker, but we have a partnership here to offer U.S. equities with with book map. All right. Now, Bill, you get a 14 day trial period with these as well. OK. So you can sign up and get a 14 day trial period. See if this is something that you like. Attend these webinars. I would recommend highly recommend going through the education course and watch also a lot of these videos here. Let's go back to the playlists. I think you'll find these order order flow video snippets really helpful. OK. I'm going to put this into the chat as well. Watch these. OK. In fact, I think I would recommend starting off with these. OK. And a flip of the book, absorption and exhaustion. These are covered in very short videos, five minutes, three minutes. You know, another one here, rollover shift, four minutes. And start to understand that. No, it does not run off of trade station data. OK. You know, we're working on that, you know, trying to figure out who we want to partner with for the equities. And it looks like trade stations up there, right? So it's between three. So far we have a trade station. We have interactive brokers and thinkorswim platform. All right. OK. All right. So that's where you can find book map. You give it a try. See if this works for you. And go through some of the material here, the supportive material to understand how to read this information and understand how to utilize this information. All right. Can the. So the data feed stands on its own. That is correct, Bill. So you can you can subscribe to book map advance and then add. And you the one thing with the the data feed is it is not refundable. That's not us, not on our side. That's, you know, through the data provider. OK, so I think it's 50 bucks or maybe it's 60 bucks, something like that. All right. OK. Let's see any more questions here. Wanted to get to that API question that someone was asking here. Sorry, just let me finish up with that and then we'll call it a day. Yeah, Ken, actually, why don't you why don't you reach out to us at support at book map dot com regarding the API and I'll send you some information. I'll send you a PDF as well as a link to our GitHub platform or a page. Let's see, I think I may have it here. Let's let's take a look. No, OK. Yeah, I don't have it handy at the moment. All right, so sorry about that. And Francisco. Yeah, OK. Yeah, I'll have to put the cat on there so we can take a look at that. OK. All right. OK, guys. Yeah, thanks a lot for coming. Have a great weekend and we'll catch up on Monday. Take care.