Bookmap uses a candlestick view of the price that can be layered over the heatmap view to combine the traditional price view with the market depth.
The combined view can assist traders accustomed to a candlestick and can also enhance traders’ performance by allowing them to apply analysis from multiple disciplines.
To display candlesticks, click the studies icon above the chart and select candlestick bars.
Set candlestick attributes by clicking the candlesticks box in the studies panel and configure the relevant parameters on the right side of the studies panel.
Available parameters are:
- OHLC display based on trades or combination of trades and bid-ask prices
- Candlestick bar width and interval
- Layering VWAP information relating to the candlestick-specific time period