 Okay, so welcome to the book map webinar risk disclaimer trading equities and futures involved substantial risk of loss Is not suitable for all investors past performance is not indicative of future results More information go to book map comm if you're a member you get free resources and then reach out to us at support at bookmap comm Here is the website And if you scroll down under the pricing tab This is where you can find book map if you want to give it a try you get a 14-day trial period with Either version here now. There's just two versions. There's the basic and the advanced Now the basic and advanced over here are packaged with DX feed which allows It's the data feed. We're not a data provider, but we will we've partnered with DX feed to offer the data for us equities So if you're interested in that you can get the package deal Now you can still get DX feed with the book map basic or advanced you just add it on yourself Okay, so you you actually have a little more flexibility with Adding it here at with the basic or advanced the differences between the two You can See them all here for the most part the one click trading from the chart and All of these add-ons if you scroll down just a little bit further here You can also see the complete list in comparison if you click on that link Okay, and then you can see the entire list here of what what you're getting for each different version Okay, there's also a quant version Or not version, but it has the same book map version just has different features Okay, so if you're if you're a quant or you trade very very frequently with Your algorithmic, you know automated trading Now you might want to look into some of those features Okay All right in the book map portal area if you click on that link here That'll take you here. Okay for those of you in trial. You'll see your product information here There is also features education videos to take a look at and Some some other information down here. Okay, now you can also just follow us on Twitter You'll get the most updated information here And then our YouTube page. This is where you're going to find all of the videos as well and You can see all of the recorded webinars here as well Okay, so this is just the intro video here. There's the features and components playlist So you can click on the link here or watch each one here and then you know scroll to the right or Go down a little further. I highly recommend you guys watch these as many as you can or Just start with one and digest it digest the information here Very short videos on order flow phenomena that we see during these webinars and we cover them in detail here in the webinars though So this is the quicker version Again, there are many of these videos. There are like 80 of them or or so and Educational course we have our book map one through four part four of our educational course And then the recorded webinars are below that okay, and we also included futures trader 71 he's a book map user and You might want to watch the way that he uses book map for his trading Okay, so that's our YouTube page. You can also click on the playlist here and get all the information here and Then sign up for that trial. Okay, so absorb the The knowledge with in the content there But then using book map replay mode for example, or just looking at the live markets During the trial that's where you're really going to Learn quite a bit more Okay, so Let's see Scott. You're asking about the quant subscription. Well, I would just say Why don't you click on the link here to begin with and and you can find out more about it there? Oops, no, sorry. That's something else okay Yeah, here is a list and Just go go through and take a look you'll see it down down here Your data connection, you know Being able to this kind of in test environment and understanding exactly how your your algos are working. Okay No, it's for it for anybody it's in you, you know a lot of the Quants will they want to look at their own data sets. So, you know, it's it's set up the features are a little different All right Okay, let's jump in and take a look at book map. Okay We'll continue looking at oil. I mean S&P is is not really Hasn't been moving very much. So it's kind of doldrums and liquidity and oil has been more like the S&P. So Which has kind of curbed some of the volatility for sure But it's still moving better than the than than other Instruments Nasdaq has been a mover for sure, but let's stick with oil And we'll take a look here Good morning, Francisco. Yeah, we'll take a look at the Amazon as well We could jump into a stock and take a look here. Okay, you're gonna see this looks a lot more foreign compared to the futures and That's because the stocks are you know, I mean look at the price here the price ladder Okay, so we're looking at dollars here. So there are you know, there's there's 10 ticks in between here Or you know now if we start to zoom in here, okay All right. So, you know between each cent here. So I'm sorry a hundred ticks in between You can see that you know, there's still each cent. So, you know, the spread here is 15 cents a wide and That's what this dark area is in between. It is the spread Okay, anyway, I'll get it. I'll get into it. But as you can see now I mean this is you know, it looks very foreign, but This is a true representation of what the markets really are. I mean, there's a spread and just a just the best bid and offer that alone already gives you a lot of Insight to what's going on here. Okay, how these markets actually trade and I have not come across anything That is object as objective as book map is that really gives you that complete picture There's there's really no transparency here I mean, this is the current state of Amazon and That's the current state here, and then this is that recent historical Anyway, let's jump back to oil and let's go over what book map is All right And let's for you new guys. Let's we're gonna put some candlesticks on we're gonna take off the dots We're gonna take off everything here on the on the chart except for those candlesticks And we do have a volume sub column here. Okay And or sub chart. Okay, so let's see here We're looking at a five-minute candlestick chart here in in oil And most of us are very familiar with this. Okay, we can see the the wick here There was some, you know, looks like there's some buying pressure coming into the market presses the the market up We're outside of a new range here and kind of go sideways And it's back and forth and back and forth and then more buyers stepped in and then we're kind of in a new range And in this back and forth and back and forth now. That's good. I mean, you know candlesticks. I like them I have nothing against them It's just that if you look at this There's a lot missing here and really the problem here is we're making financial decisions based on five percent of the data here Within a candlestick and there's so much more that can give us much more insight to a much better Financial decision in the markets Okay, so let's let's cover that and the will will I'll show you here What the problem is and then how it's overcome. Okay, so let's first stick the Historical best bid and offer on here. Okay, so there's all all sorts of stuff that just with the historical best bid and offer that we're gonna see a spread for example, okay now oil we usually it's, you know pretty Usually don't get much of a spread maybe a tick or two every now and then but usually it's just a tick wide Okay, you saw 15 cents there in Amazon so That's one of the things okay, but we can also start to understand Microstructure just by looking at historical best bid and offer and start to understand the speed of the market as well and all of that's going to be lost and Diluted within a five minute within any period of a candlestick Okay, because it's only recording that that one period of time Anyway, so let's let's start to add more information on here Okay, because the the next problem to go over The problem here is we don't know where the transactions are taking place on this candlestick chart. Okay, we have no idea We can see though in the sub chart. We have the volume. Okay, and that's good. That's helpful But still we have volume that's separated from where it traded on the candlestick. Okay, the real real big distinction here those of you who trade footprint charts anyone using the footprint chart out there or following the You know volume profile trading Because a footprint charts are great. I have nothing against them as well Except that there's a problem With the data there again, it's similar to the candlesticks. It's aggregated. Okay So, you know, you'll see on the footprint chart where the volume traded within that five minute period Okay, but that's it right instead We're going to plot plot that volume on the historical best bid and offer here Okay, so that problem of aggregation is solved here in book map. So let's let's plot that volume and there you go So now We have an understanding let's zoom into this this move to the downside here Okay. All right. This is the five minute period in question. Okay between these two vertical dotted lines Okay, look how We have much more understanding of what happened within this five minute period other than this open high low close and it Closed down at the bottom Okay, so now we can see exactly that we had a microstructure here Okay, we see a sweep of the book here with aggressive selling Okay, big red dots some green in here But mostly red down into this area and then we go sideways for a bit yet again Okay, and we have a retest right back to where we broke from all of that is not seen in the candlestick Okay, it's all it's all diluted Okay, we have no clue about any of that on the on the candlestick chart here It is in book map though. Okay, so our cluster of volume here You know this actually in the candlestick chart this volume would be just over here to be honest so even the the Historical best bid and offer volume in book map is giving you much more insight here. All right, so Now we can see where that volume traded when How much and what type? Okay, so let me zoom in here and I want to break apart because I'm going to show you that book map if we're not Aggregating any of this data although, you know, you see the pie display and it's it's aggregated Graphically as I start to zoom in I pull apart every single trade and I'm showing you exactly what occurred here Okay, down at microsecond level. We're looking at millions of seconds here and look at this activity here Okay, that is clearly algorithmic activity Okay, so this is how these markets trade. We're trading against machines all day long All right, so you can see how they're operating you can you can see at this level here every single market Event that took place Now we're not trading at these levels. Okay, so that that's I mean if you want to test your algo And use some of those quant features. I was mentioning. Well, this is going to be optimal You're gonna understand exactly what occurred Okay, but for for us that we're looking for other opportunities on higher time frames We're still giving you the overall of what happened at this area here as I start to zoom out and compress that timeline I'm aggregating visually graphically all this information Okay, and and you can see it just continues to do that into a big dot All right, and then here's our five-minute period So now we know exactly what happened here. Okay, this is you know unparalleled transparency into the market Okay, and we can start to understand some of these micro structural areas here And this is going to give you an advantage in your trading Because you're going to be able to understand How maybe we go sideways here, and let's say let's say they start to lift that offer right right in this area here Okay, with some aggressive bind. Okay, they actually do that not here But here Okay, this is the advantage you're going to be getting here in book map You're going to see that you're going to be able to put this together Notice this microstructure and notice the aggressive bind lifting the offer up out of this microstructural area if you're aggressive Join in the party. Okay, where would where would my target be? I would be looking for where we drop from maybe maybe this volume dot here. Okay, what what price is this? This is 92 4892 Okay, boom. There you go nice little scalp for oh, let's say you got in here at 85 86 so seven, you know seven or eight ticks something like that Okay Right off the bat. Okay, and without a sweat. I mean you'll you see it. Okay Anyway So that's the volume and we haven't even gotten to yet. What's going on outside of the transactions here? Okay, so let's go to the dome for that because most traders they're going to be entering off of the dome and the dome here in book map is here the COB column and And this is a very very helpful You know for those of you trading off the dome, how many of you are actually Familiar trading from the dome or or or you trade exclusively from the dome any of any of you out there that just look at the dome and maybe a higher time frame chart, but You know just looking at some levels and then and then go right to the dome Okay, there's a lot of professional traders that do Anyone anyone in here today? Just very very curious Because those dome traders Fifth amendment Yeah, no, no, I mean it's you know, there's there's a lot it takes a long time to be able to read the dome The dome is is tricky is difficult Yeah crickets Well, you know and there's good reason why? So I'll cover it. Okay, so here's our dome. Okay, so this this mimics It's it's very much like a traditional dome. Okay, we have best bid and offer here Okay, we have our depth on the bid and our depth on the offer All right at these price levels these numbers represent Contracts liquidity. Okay, so we can see and and this is the same Column here set up to the right, but it's set as as bars. Okay bars only so very quickly I can I can see in the book 1500 contracts here and you know, no surprise. It's at the figure 49 Okay, what about on the bid side boom right here? so actually that's Let's see something to happen here. Okay, there we go. Um, so this 80 1182 right here Okay, so this is actually giving me kind of funky. Okay. It's just a it's just a refresh here so Anyway, the looking for that high liquidity here in the Let's just go to the current market and let's solve that Wow, okay, continue to sell off here. That's too bad Yeah, I need to cover these candlesticks so you guys understand what you're looking at but immediately you can look at here the and see that high liquidity in the In the dome and understand which areas are some of the highest. Okay Actually, I'm gonna have to go over this with the CTO so not quite Giving the right representation here Interesting. All right So let's go back here. Okay, and let's look at this area again. Okay, so anyway the Reading the dome is is very challenging because these numbers here you're gonna have to remember quite a bit Right and what we're looking for in the dome is we're looking to really optimize our entries exits and our trade management Okay, we're looking for areas where there's high liquidity. Okay, how close is it? How aggressive is it? Is it far away? What about the areas around it? As you can see that's a lot to start to comprehend and then you're gonna have to remember There was high liquidity here earlier and then as we turn back there. Are they back again? I want to know that right so it's you know, you have to really focus in on the dome here And and that's challenging because with the dome it gives you a good representation or it's not representation. It is the current market state okay, however the The problem here is that that current market state is It's ephemeral. It's gone. It's fleeting as soon as that these numbers change. It's a new current state All right, so that happens all day long So that that's a problem here because you're gonna have to you know Be kind of a human computer to start to memorize all of these areas and it takes it takes a while to develop those skills All right, so Let's turn on the heat map. Okay, so book map solves that problem here because we record this data Okay, so areas of high liquidity are giving a graphical representation in the book All right, and we can see it Okay, so if it's a very High liquidity. Well, then it gets a very bright area and we can adjust our heat map here using the settings to You know really give some insight here. Okay, you can look at you know something like this and You know trying to you know, you can look at every little subtle detail if you want However, that that becomes again very difficult to start to read even graphically Right, so I don't find it helpful. That's why we offer the the heat map settings here To to play around with it just a little bit and let's let's get rid of some of that noise Okay, I'm want to focus in on just that high liquidity that has significance In the limit order book and there we go Now we can see it okay so The data here is recorded. It's transposed onto the chart And now we can start to understand the areas here in subtle detail. So these striations Right here We can use our rollover tool and we can go in and we can see that they started to become aggressive on the bid side here and In context, what about the area above above it or below it? Well, they were aggressive They they started to add actually above and that's showing bullish behavior Okay, and they're adding in as price is coming down into that area. This is bullish Okay, a little bit of spoofing it looks like here and and these guys actually the buyers took them on Okay, and and trade it into that and you know, these guys I mean we can see some of it pulled right when it right when it came up into it Some of it pulled some of it remained Okay, and then as we scroll We can see that we start to trade into that high liquidity here Okay, and and then you can see the volume dots here and they pulled a lot of it here But still we get you know aggressive buying here and what what occurs? Okay, they start lifting the offer Right starts lifting the offer into that area. We were targeting here earlier okay, so You can now you can start to put to the this dome to use onto the chart historically Okay, and in real time All right, so let's do that now. Let's take a look at the real, you know the live markets here And what are we seeing? Okay Okay, let me get to some of the questions and Boy these volume dots are huge. So let's Let's bring that size down here. I'm just going to go to restore And then I'll bring them down Usually that's the default is something like this Okay Alright, okay Yeah footprint charts compared to to book map. Well, I mean I like footprint charts But I don't like that. It's aggregated. You know now now I can see really what's occurring here In fact, you know if you you can you you can even kind of extrapolate the model here Let's you know if you right-click in the in a column here You can there's different data types and we do have a time and sales column here. In fact, we can pop it out And and take a look at it here And so this is the time and sales now look at all these ones and you know Smaller trays that does zip through really quickly. Okay, actually some size some, you know, some size coming through now, too however The basically this is kind of like your graphical horizontal time and sales As does as this is scrolling through we're seeing it plotted onto the chart So we're getting not only the time and sales We're getting where it took place on the chart So we have reference to things All right, so you can you can use that as a You know kind of a Conceptual model of you know, what what the what this is like the tape unfolding here in front of you And and watching those time and sales go by Let's go back to a Current Or a chart range volume profile Okay, okay Okay, so one Let's see here. All right. Well, let's let's see. What's what's what's unfolding now? So let's get to the current state of the market and and start to Objectively use book map here within the live order flow All right, so we're showing up to this this auction And we want to know The in the dome here like where the majority of the players okay 4890 49 And an above okay, that's where they are with high liquidity on the offer Okay, what about on the bid? Well, they're down here. Okay now at this point. I'm gonna take the candlestick chart off It's just getting kind of Distracting and in the way. Okay, so where's this auction? Okay? We're channeling between high liquidity here At at set 4877 and 4890 Okay, how is that liquidity behaving? Okay, that's that's the next question. We want to know after we determine the majority of the other players here in the auction, okay, and Well, I mean we haven't come down and really tested these guys yet okay, we have come up here and kind of tested them and They stayed I mean some of it pulled as you can see it got a little lighter in the some of these areas Or a little darker in some of these areas here. Okay, but then you know, they're they're staying here at 4890 Okay, now look at them. Look at the behavior here. Okay, they're getting more aggressive on the offer Okay, they're lowering it. Okay, they're starting to chase Okay, and we just saw a little bit of algorithmic activity there and maybe skew in the book and and then pulling of liquidity here, okay, and That's the shorter term liquidity that's working price within this Channel of longer term liquidity. Okay, and this is you can see it here Okay, these little bright spots in here that high Liquidity but short term and it's kind of working price back and forth Okay, along with the the transactions in the volume Okay, but these guys really don't mean business because they're not in here for very long Okay, but this is more interesting here at this 88 level. Okay, they start to come in and they're staying in the book. That's longer term liquidity Okay, this 90 level certainly longer term liquidity Okay Look at them now drop it another couple ticks lower here at 86 with high liquidity Okay, so they're starting we're starting to see it get built out here Okay, and and we're starting to understand that You know at this point, I mean we're we haven't come up and tested them yet But it's looking like bearish. This is kind of bearish behavior here in the limit order book Okay Okay, now they're starting to pull as we're coming up and testing them Okay, so we can see see we can start to understand engage these areas here in this auction so I don't I'm not I'm not so convinced of these guys at 88 and 90 so far looks pretty good 88 is you know, they keep pulling and Adding a back in when price, you know goes away. Okay, now we're getting look at the shorter term aggressive activity here on the on the bid side okay, so Anyway, this is We're looking for some sort of Clarity here an understanding of these players, okay, and 88 is telling us that they're not so interested, but 90 is so far. They're they're good Okay, so We haven't come up and tested into 90 though as well Okay, and what about the transactions? Where are they taking place and what kind are they well within this little? Range here we can see that for the most part we have It's it's yeah a little bit a little bit more positive than negative at the moment Okay, four or five percent Okay, and we can just kind of look at the dots and the colors and start to understand that now if you want the exact Data you can get that too with the rollover tip We can hover over this dot and it tells us exactly the date the time What was on the ask at this price and the volume that traded within this? Graphically Aggregated dot here All right. Okay, so look at the aggressive buying here now We're testing the 90 area getting right to it these 88 guys pull that shouldn't be a surprise and now we're tight We just traded into 90 and we see large transactions here Okay Okay, so let's see if we get a flip of the book here at this moment All right, we're looking for follow-through now Those aggressive buyers to pull price up into 49. There's our flip right there. Okay notice that high liquidity was on the offer It's on the bid now Okay, and we're looking for those big green dots. Okay. They're pulling price up Okay, this is starting to break out of that range Okay, this is how these breakouts occur. This is exactly how Okay, and we were reading it here All right, so look at the let's go through that again and let's look at Look at how that shorter term high liquidity Hey, we saw flip. Okay here and then but they didn't stay in for very long in fact, they just It's got to be the you know some a few players maybe or you know, it's kind of muddled but one big player in particular is adding liquidity very aggressively Pulling it and adding it higher and higher Okay, and price is repelled by that because it's new high liquidity showing lots of demand Okay, and price is kind of inching toward that 49 figure here And we also have the the aggressive Bind that is combined with the aggressive behavior here with the limit orders on the on the bid Okay Still haven't tested 49 yet. Okay. I thought we'd get a test on it right right in here to be honest All right. So Now we're in a new trading range Okay, and that range is going to be defined again by those buyers and sellers. Okay Here they're they're they're in at this 98 area now. Okay, we went from 88 on up to 98. Okay 10 cent move All right, so that's where we're showing the high liquidity here and and these guys are starting to add and pull as well Okay, what about on the bid side? Well, and they're still way down here Yeah, it's pretty pretty dark in this area here and That's it's interesting to to see this and And why is that because You know, you would you would think in a trending environment That you would see high liquidity underneath all the time waiting waiting to buy and in fact that it's not really the case In fact, what you get in a trending environment and we are trending right now at least in this little area here Okay, is And here we go. Okay 49 just tested now and here we go continue on up. Okay 40 40 905 Okay, so in that trending environment right You usually see this kind of shadow or lack of liquidity On the on the bid side if it's trending up and what you get or you get you get retest A price will come back and retest into these areas and there's just a lack of trading you get exhaustion Okay, and all of the volume is trading at higher highs Okay, at the higher lows. There's very little volume trading And that's a very very typical of that trending environment Okay, you can even see it here even though we're kind of going sideways Right, I mean there's little points here and here and here You know if we zoom in here like just very little trading. Okay. All right Okay, so now we've the figure here that was a target. We were looking for earlier. Okay, we've that's been achieved and question now is You know, what's gonna is it gonna price can accept around the figure here for a bit Or we would continue to trend. Okay. Well, we we've already Come back and tested where we broke from here Okay, and I'm looking for more buyers Okay, they should show up if they are still bullish Then we should see more buyers supporting this area here because this is where they bought earlier And we're not getting that right now. Okay. In fact maybe this is the profit taking up into this area and that we're starting to come come down and Test lower areas here. So now we have made here a lower high Or I'm sorry a lower low. Okay Okay, so Now is that is that trend potentially broken here? You know, so let's take a look I mean, there's all sorts of ways of drawing these things But if we look at it something like this, well, then we're still in the game here Okay, okay, and and we can see that there's some liquidity here And so, you know, they're buyers lining up here. Okay, they're looking at it And what we what we're looking no for is the Those aggressive buyers here just to show up. Okay You know that limit order book to get aggressive and those buyers to get aggressive hit the market buy button and charge up into some of these areas Okay, first stopping point would be the figure Okay, let's see if they're still interested here Okay. All right, so We know this what we just kind of watched and unfold here You know in this kind of trending environment is really really quite typical like They were getting a little more aggressive here. I would say at that 88 level And that's usually you don't quite see that and then even here maybe a little more aggressive As well in the trending environment, you'll see that longer-term liquidity just sits here. It just waits They don't they don't want to You know, they don't they don't lower the offer kind of like in this area here and You know that liquidity will just stay here and the market knows it can trade there So these these areas that that longer-term liquidity act as targets Okay, because the market knows it can trade there Because these guys have so far shown that they mean business. They want to trade there Okay so and That's that's why you can you can see here high liquidity high liquidity big dots Lots of transactions and then on the on the downside the lower highs you can see the usually a lot less volume and activity Okay, okay, that's an in question here. Maybe at this point At the you know, you can see the larger transactions at a lower high here. I'm sorry a lower low Okay Alright, so let's take a zoom out here and take a look at what's what's going on here More or less a bigger picture Bigger picture is you know kind of all over the place You know, it's been We see these kind of trends and then they break and then they break again and then nice flush through here And then right back up To where we were and then break to new highs Okay, so it made a new low down here and it made a new high up here Okay, so it's kind of all over the place today But still I mean the microstructural stuff here is holding quite nicely for us Okay, okay, this this trend line is it's kind of it's kind of toast. I think we can get we can get rid of that Okay Yeah, no good point. Yeah, I'm Francisco that 1053 exhaustion area Let's see here Hold on just a minute. Okay So anyway, you can see that there's still opportunities within these microstructural areas Very clearly very objectively. I mean, you know, we're going through a process here to very objectively read it and then we anticipate what might unfold Okay, so and we can see that and You know and anticipate the that 49 target up in this area here and in here we go again, right? Okay, that's the target. We were we were just talking about over here Okay, right in this area here. We were talking about it and and they were they you know That's where that auction was taking place Okay, and again the same pattern. Okay, so these guys came in with that a shorter term liquidity skew the book And and lift the offer with the aggressive vine Okay, right into 49 right So To be to be determined. It's looking good looks like it Let's see if we can break the high here and come up into this higher area of liquidity up here at around 07 or so Okay, okay, I don't know I Mean we see the transactions here, but we did not come up and test it yet. That's not so so bullish There's another clue here in the order flow That is not so bullish either and that is higher liquidity here down at these lower areas Okay, so You know that that's that start this is starting to show something different Okay, even even with these guys at 88 in this area here And even if they were getting more aggressive down here as well, it was still above the high Okay, this is below the high Right, so that's a distinction here okay and We'll just see if the sellers start to get more interested now Okay, and less buying interest and now so what will we be looking for we're looking for then One of the scenarios that might unfold here. Okay. Now. There's there are many here They you know, we might see a flush through the upside here as well But you know what we'll be looking for is high liquidity underneath here very aggressive And then those buyers to show up With aggressive buying to charge price up into that area All right Now if the sellers start to get aggressive, we're going to see them lower their offer and you're going to start to see them You know the structure here the flow is going to change You're going to see more red start to creep into the chart here Bigger red dots at lower lows and at these lower highs. We're already starting to see that here Okay, you see less aggressive Buying okay, so now you start to piece those things together You start to look for those targets 4890. Okay, that's where the liquidity is okay, and Let's see if You know, we we get some of that Maybe the sellers start to start to perk up and gets get interested here To send price down and some of that that liquidity Okay, so just very objectively reading this And putting the pieces together All right, okay. I want to I do want to jump over and I want to look at Amazon here just because You know There's something here You're gonna find really I mean it looks so foreign and so different just because of the price ladder you know the There's so much more so many more price levels here Within Amazon right and like we like we noticed that 15 cent here and it's like a dollar long Wide here at the moment 98. I'm sorry. It's not 98 cents Yeah, 60 cents wide here, right so You know huge huge spreads and But you know it's over a thousand dollars now almost a Well, 1080 basically here in Amazon, but what is interesting here is something book map does in the heat map for you And this is a really really nice feature. Okay the Notice the high liquidity down here at 78. Okay, and I Mean it makes sense as well Because the the area here at 78. I mean, it's a it's a round number. Okay, the other areas here. I mean 79 80 see a little bit maybe at 80 but not not that much 81 clearly, you know, we see traders up here at 81 but The when you zoom out Let me show you the setting here. So click on studies configuration. Okay, and we'll scroll down here No, I'm sorry. It's here under heat map. Okay, and We have the setting here that will Give a filter to the The heat map. Okay, so if there's a smoothing filter if I have none on here, this is what that chart looks like Okay, I mean this is this is about as objective as you can get it really is because nothing is giving you the exact data At these, you know, little one cent areas here Where how that liquidity is behaving? Okay, but it doesn't help us because we're so far zoomed out Where this gets really helpful is we put the smoothing on the the auto auto filter here And now what we've done is we have blurred these areas Okay, with a Gaussian blur You can now get insight to what these areas really start to represent Okay, it's kind of it's kind of like aggregation in a sense, but it's just done through the the blurring Okay, or you know, you can you can adjust it on your own as well You know Any way that you like, you know, it's pretty pretty extreme here but Anyway, you get the you get the point And what has that done for me? Well, it has very nicely marked out these areas here of liquidity Okay, and look at how the market has behaved within them. Okay. I mean beautiful stuff You know, so we do trade through this area here by a little bit and then and then we come back Okay, and then the buyer is ready to reload right here at 78. Okay Pretty pretty nice strength trending day for for Amazon from 63 on up to 80 and Let's see Seems like we're kind of consolidating here at the moment Anyway, any questions, let's see Francisco, you're on fire. I can't keep up with you Let's see all these questions here Yeah, yeah Charles How do you configure to see the the dots when hovering over the dot? Okay. This is a good question and then Robert you have another question in here Okay, yeah, absolutely. Sorry Robert. Yeah, I'll go over that quotes counter for you. No, no, no problem. No problem at all And we will take a look at the the ES here. Okay, so Sorry, I haven't followed all these questions. So let me let me go through them all here and Let's start with Let's see here. Yeah, Charles. Okay. How do I configure to show the rectangles in it? In the current price in the dome. Okay, so let's go back to oil. Let's see. That's gold. Here's oil. Okay The rectangles not sure what you mean by rectangles, but This is the best bid and offer right here. Okay in in these two rectangles and There's there's no Configuration for that. I mean you might be able to change you can change the colors for sure under settings and then color settings and you can change the buyers and sellers but The that rectangle is going to be here now You know, it depends on your data feed you guys might not have you might have complete depth in in these markets here, so Each, you know, right now mine is showing between these two white lines But you know oil and gold For example, if you're using rhythmic you have complete depth. There is no limit to it Every price level is always live. Okay See here and well you can can you can configure the The bars column just a right-click and then choose format chart or format column. I'm sorry And then you know, you can have bars and numbers bars only mess about all you can do Okay, you can extend it as well. I like it Not extended so I can kind of gauge what's going on in current a current market All right Okay Digby the CEO CEO be CVP SVP sure so CEO be his current order book Okay, so this is your dome. Okay, and then this this is the same dome here is just graphical with bars and then CVP this stands for chart range volume profile Okay, so this volume profile that you see here is only for this viewable chart range Okay, so watch watch how this changes as I zoom out Okay, so it reflects the data that's in this chart range Okay, SVP means session session range volume profile And this is all of the volume since when I opened my book map Okay, so you can start to extrapolate and and Unravel and unfold Strategies by using that data here. So here's my VWAP this white line Okay, and then this white line here for these two volume profiles And so if you're if you're looking for a reversion back to the mean Well, you can see your here's your your POC would be this at 85 or 84 And then your VWAP is down here a little bit below that Okay, so if you want to wanted to fade that outside edge, okay right above maybe 49 Okay, and then looking for a return back. Where is it going to return back to? Well, you know According to the volume profile, you're looking at your you know value area high your POC and your value area lows Okay, and also your VWAPs all right, so Or you know looking at you know, maybe coming to the other side of the range and continuing Okay, so anyway, lots of different ways of looking at this data All right let's see hope that answers your question Digby and Yeah, Francisco's just all over it looking for inducing and back to value POC, etc. Exactly Charles how do you configure I just see the volume would hover over the dot, okay? Okay, so Again these dots here the way I have them set up And you can change that setting under studies configuration Okay, and then volume dots here and you can play around with the clustering Or some of the filtering here or some of the display as well. Okay, so if I zoom out, you know, I'm gonna kind of compress the timeline and Compress all those trades into a pie chart Dot that gives me kind of the overall delta of that volume activity And then click on this tool here show data tip and hover over that dot and it gives me the volume It's on the fourth line of text there Okay Now if you could click on the hand tool and hover over here And then zoom in with your center mouse wheel and just keep scrolling in I pulled apart all that trading activity Okay, my timeline is expanding here and Now I can see What unfolded and I still have all that data here if I hover over the dot it tells me Date time on the bid and the volume Okay, or if I hover over maybe the some of the liquidity It tells me here, too. It gives me the date and the time and then what was on the ask at this price level All right, I like this tool a lot. I use it frequently I want to understand sometimes the representation of it And then a lot of times though once I once I have that feel for it, then I don't use it You know, I already have understanding Okay Okay Okay So Charles hope that answers your question Robert let's go over the CQC. Okay, so now Bookmap here, you know most of the domes out there They'll show a volume column or two And we have volume columns and we have many other data types as well Okay, so right-click in the column and and this is how it's set up here We have you can format the column and then you can change it to session or Chart range there's resets here. Maybe we'll go over that another time, but then the data types here Okay, current order book which is here Volume which is already selected trades counter. Okay, so this is giving me a column here now It says CTC. Okay, so this is a chart range of trades counter These are the number of events that took place that they actually traded so, you know, if You see this tick up by one One trade occurred, but it's not telling you for how much It's just it's just ticking how many the actual event And that can be really helpful though in the high-frequency environment because it's about events It's not an interest It's not necessarily about the volume. Okay, because that volume is disguised In the high-frequency environment you will see Instead of one block trade go through for a hundred Contracts, you'll see a hundred individual trades go through for volume of one each That's how they break it up when we saw that when we zoomed in all right okay, so now the CQC if I click here and Select quotes counter Okay, now I have my quotes counter Okay, so this what this is showing me here are the number of quotes that are refreshed at these price levels Right, so this is kind of like pit noise in a sense You know, it's a you know interest it is it's kind of calculating the interest it gives really nice profiles the And that's because these these areas here are being counted as well when it you know, you see interest outside of here You'll get your count. Okay, so what Now this these aren't contracts. It's not the number of contracts. It's just the number of actual orders You know the so, you know one trader is interested in buying well It might be for a hundred contracts, but it's just going to be a quote for one All right, so that's what you'll see here in this column Okay So Robert, I hope that answers your question. How do you want? How do you bring up? Amazon. Yeah, that's through the DX feed. Okay, and A nice breakout here. Okay of our little range here. We saw the interest at 78 anyway, the That's with the book map with a DX feed, okay So now you don't need to get the bundle though if you don't want right you you actually If you have either of these versions here basic or advanced Just log into book map and then you know under your getting started tab here You know if you want to that you'll see it on the on the on the toolbar it'll it'll ask you to add Or upgrade or you know something like that All right, and that's how you can get to your DX feed Okay All right The ES okay, so let's take a look at the ES and what's going on Okay, I'm really glad we covered oil And because this is just kind of crawling And a lot of a lot of liquidity at 2480 though. That's for sure And yeah Anyway, that's what I see. I don't see a lot of trading activity. It looks like it wants to test it I can tell you that because we continue to hang out here and But I'm not seeing a lot of buying interest pulling up into it here Okay, so that that's the the one caveat at the moment here on the ES Some some of the you can see some of the buyers are starting to raise the bid here a bit See here. Do you have regular? I have regular rectangles on the current order book You do not Okay, so you're talking about these here Charles, is that right? Maybe you have version five. I'm Accessing here book map six point one. Yeah, okay. That's why Let's see here CVD looks favorable In the ES and this yeah here. Yeah, I mean, well, let's I wouldn't I wouldn't necessarily say that to be honest Although I see there, you know, this there's a skew here in the profile You know, this is this is where You know, you're gonna get a lot of insight Okay, because although you see the skew here in the profile to the upside There's more volume trading at these higher areas and that's good But what kind of volume is it? That's what we want to know. Okay, so let's separate it out So let's right-click here. Let's format the column and let's split out the display Okay, and and now what kind of picture do we get? Okay, and yeah, I would still tend to agree with you Darcy, you know, I'm still seeing a little more Buying and selling at these areas. So yeah, but it's it, you know, it's it's pretty evenly matched here Except for this 9,000. I do like that compared to well, it's 14,000 here, but you know The one tick higher there at least there's more contracts trading that are buyers Okay All right. Anyway, so this You know, so that that's where the profile can be harmful right And you need to know what type of volume is trading here at some of these areas, okay? And and that's going to give you the insight Okay You're welcome Let's see here Okay, I think I answered all your guys questions. Okay anything else If not, we're definitely over the time limit. So let's let's wrap it up. We'll call it a day Thanks for coming and if you want to give book map a try that for you get that 14 day trial period and try it out and attend these webinars and ask questions and you guys will be up and running here. All right, so Yeah, thanks for coming. We'll do it again tomorrow. See you then