COB Display Option
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COB Display Option
Currently the COB (Current Order Book) only allows one to see the # of contracts resting in the orderbook. I believe instead of having that hard number, there needs to be an OPTION for it to display the number of contracts represented as a PERCENTAGE of visible liquidity. So in ES for example....let's say you see 500 contracts resting on the bid at 4400. I would like to know what that 500 represents in % terms for all visible liquidity on my screen. As it currently stands, you can only use the heatmap to visually determine the magnitude of orders in the book. However, it's extremely difficult to really quantify this visually as a human trader. I personally cannot sit there and compare different contrasts of orange or yellow, etc.
Devs - very simple feature here that should be a core feature. Thank you!
Devs - very simple feature here that should be a core feature. Thank you!
Re: COB Display Option
I agree that there needs to be an option that would let you see the number of resting contracts as a percentage of visible liquidity. I would like to see the option as described by Jonathan. Thanks!
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Re: COB Display Option
Jonathan makes a salient point. This would make it infinitely easier to incorporate data into the decision making matrix, quicker uptake, less mental real-estate gets occupied, making the platform that much better. The option that would let you see the number of resting contracts as a percentage of visible liquidity would be incredibly useful.
Thank you.
Thank you.
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Re: COB Display Option
This seems like a logical and valuable feature that should be added. The absolute # of contracts lacks relevance without the context of the rest of the order book.
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Re: COB Display Option
I think its a very good idea and this feature would be of great benefit to me and others. Hope you can make it happen BM team!
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Re: COB Display Option
I like this...you could also have an option to show a number for % of visual bids AND % of visual offers...we can have trend days where the resting liquidity on one side of the orderbook greatly exceeds the other side of the orderbook...I would still want to be able to calculate a statistically significant sized order on the "weaker" of the two sides of the orderbook
Re: COB Display Option
Excellent Idea!
I think apart from bookmap implementing this, there should also be a clear API for individual users to write their own sort of histograms on the right side (CVP/SVP)....what would also
be killer is if you guys could pleas have some statistical functionality.....ie., ability to have
maximum likelihood estimates to be displayed....some notion of normazlied distance point (z score etc)......will be KILLER!!!!
I think apart from bookmap implementing this, there should also be a clear API for individual users to write their own sort of histograms on the right side (CVP/SVP)....what would also
be killer is if you guys could pleas have some statistical functionality.....ie., ability to have
maximum likelihood estimates to be displayed....some notion of normazlied distance point (z score etc)......will be KILLER!!!!