What is Tradermap Pro?
Tradermap Pro is an add-on that allows you to create special heatmaps for subscribed instruments with various MBO filters for the order book applied to them.
Learn more about the Trader Pro here.
Tradermap Pro
-
- Posts: 563
- Joined: Mon Jul 09, 2018 11:18 am
- Has thanked: 27 times
- Been thanked: 86 times
Re: Tradermap Pro
Hi there, this week a stacking algorithm has started for the first time obscuring the orderbook in Binance Futures BTCUSDT perpertual contract and in other coins. making the use of Bookmap very challenging and eroding the edge that some of us have created through Bookmap's heatmap.
I can see that you created Trademap Lite mainly to remove the effects of these algorithms in some popular instruments with MBO data but a solution is needed for assets like BTC.
Binance Futures accounts for most of the volume for perpertual contracts and shows many levels of the orderbook unlike other exchanges therefore is necessary to be able to monitor liquidity in this exchange and a solution like trademap Lite/Pro is needed.
What are the options at the moment to filter out these algorithms for this instrument and other similars, would trademap pro partially work without MBO data? What ca be done about it?
Many thanks
I can see that you created Trademap Lite mainly to remove the effects of these algorithms in some popular instruments with MBO data but a solution is needed for assets like BTC.
Binance Futures accounts for most of the volume for perpertual contracts and shows many levels of the orderbook unlike other exchanges therefore is necessary to be able to monitor liquidity in this exchange and a solution like trademap Lite/Pro is needed.
What are the options at the moment to filter out these algorithms for this instrument and other similars, would trademap pro partially work without MBO data? What ca be done about it?
Many thanks