Name: Imbalance Indicators: Orderbook and Volume
Uploaded: 2024-03-29T10:29:39.729Z
Description: Use imbalance indicators to detect market pressure based on real-time order book and volume flow.

Platform

Get started with Bookmap in under 3 minutes. Learn how to create your account, download the platform, and log in to begin analyzing live markets.

Install & Log In to Bookmap in Minutes | Quick Start Guide

New to Bookmap? This short tutorial will walk you through how to get started in just a few minutes. You’ll learn how to create your free account, access your license key, and download the platform for Windows or Mac.

Downloading and installing Bookmap

Learn how to launch Bookmap with custom settings using the Run Options window. A quick walkthrough to streamline your setup.

How to Use the Run Options Window in Bookmap

The Run Options window lets you customize how Bookmap starts, including loading workspaces, adjusting memory settings, and more. This video guides you through each feature and when to use it.

Run Options Window

Stay up to date with Bookmap’s latest features and performance upgrades. Follow this simple guide to update your platform safely.

How to Update Your Bookmap Platform

Updating Bookmap ensures you access the latest features, performance improvements, and bug fixes. Learn the correct steps for backing up, installing updates, and choosing between stable or alpha releases.

Updating Bookmap Versions

Connecting to Data

Learn how to connect BookmapData to access stocks and CME futures. Includes MBO compatibility and package details.

Connecting BookmapData for Stocks and Futures

This guide walks through the process of activating BookmapData and connecting to Nasdaq and CME. Includes a look at supported instruments and features.

Bookmap Data

To subscribe to Bookmap data CME or Bookmap data Nasdaq:<br>
<a href="https://bookmap.com/members/login?amember_redirect_url=%2Fmembers%2Fsignup" target="_blank">https://bookmap.com/members/login?amember_redirect_url=%2Fmembers%2Fsignup</a><br>
For a video on connecting to Bookmap Data CME:<br>
<a href="https://bookmap.com/learning-center/en/getting-started/connecting-to-data/bookmap-data" target="_blank">https://bookmap.com/learning-center/en/getting-started/connecting-to-data/bookmap-data</a>

Bookmap Data Nasdaq

Step-by-step instructions for connecting Bookmap to Rithmic, including login credentials and common setup tips.

How to Connect to Rithmic in Bookmap

Find out how to enter Rithmic credentials, resolve connection errors, and confirm you’re receiving full depth and MBO data.

Rithmic

Get real-time market data by connecting to DxFeed in Bookmap. Step-by-step setup instructions.

How to Connect to DxFeed

This video explains how to subscribe to dxFeed, connect it to Bookmap, and confirm you're receiving real-time stock or futures data.

DxFeed

Adding Symbols

Quickly add futures and stock symbols in Bookmap and start analyzing the heatmap. Easy steps to get started.

How to Add a Futures or Stock Symbol in Bookmap

Learn how to add CME futures, equities, and other supported instruments to your Bookmap platform. This video covers symbol format, data source selection, and viewing on the heatmap.

Adding a Futures and Stock Instrument

Understand symbol formats for futures, stocks, and crypto in Bookmap. Use this guide to troubleshoot symbol-related issues.

Symbol Guide Help for Bookmap

This video shows how to use the built-in Symbol Guide to search for supported assets across data providers. Learn how to navigate the guide and match symbols correctly to avoid connection errors.

Symbols Guide Help

Add crypto pairs to Bookmap in just a few steps. Works with providers like Binance, Bybit, and OKX.

How to Add Cryptocurrency Instruments in Bookmap

Bookmap supports major crypto exchanges with native connections. This tutorial covers how to select your data source, find supported symbols, and view real-time crypto heatmaps.

Adding a Cryptocurrency Instrument

Organize your trading layout by editing, reordering, or detaching instruments into new windows in Bookmap.

How to Edit and Detach Instruments in Bookmap

Learn how to customize your workspace by rearranging tabs, renaming instruments, or detaching them into separate windows. This helps multitaskers and multi-monitor traders manage setups more efficiently.

Editing and Detaching Tabbed Instruments

Overview of Bookmap

Master Bookmap’s core visual components: the heatmap, volume dots, and best bid/ask lines.

Understanding the 3 Key Elements of the Bookmap Chart

This foundational video walks through the three key chart elements: the liquidity heatmap, volume dots, and price ladders. Learn what each one represents and how to interpret them in real-time trading.

The 3 Elements on the Chart

Volume

Understand how to interpret volume dots in Bookmap and what they reveal about aggressor behavior.

How to Read Volume Dots on Bookmap

Volume dots represent trades executed at each price level. This video explains color coding (buy vs. sell), size scaling, and what it all tells you about market intent.

Volume Dots Display

Group related volume dots for clearer trade interpretation using the clustering feature in Bookmap.

How to Use Volume Dots Clustering in Bookmap

Clustering helps reduce noise by grouping smaller, related trades together. This video walks through settings that control clustering thresholds and visual presentation.

Volume Dots Clustering

Remove small trades or highlight big players with Volume Dots filtering. A smart way to clean up your chart view.

Filter Volume Dots to Focus on Relevant Trades

Filtering lets you ignore smaller trades and focus on significant volume. Learn how to filter by trade size, execution aggressor, or both—giving you a clearer view of meaningful activity.

Volume Dots Filtering

Use volume bars to visualize trading intensity at different price levels over time. Simple yet powerful.

Understanding Volume Bars in Bookmap

Volume bars provide an aggregated view of buying and selling pressure. Learn how to configure the display, interpret spikes, and combine them with other Bookmap elements like the heatmap and dots.

Volume Bars

See where volume is currently executing with LTV aggregation. Useful for detecting active trading zones.

Last Traded Volume Aggregation: What It Shows

LTV aggregation shows the most recent burst of traded volume. This video explains how to use it to spot shifting aggressor interest, buildup zones, or microstructure changes.

Last Traded Volume Aggregation

Liquidity Heatmap

Learn what the Bookmap heatmap reveals about liquidity and how to use it for smarter trading decisions.

Bookmap Heatmap Overview: How to Read It

The heatmap visualizes resting orders across the order book. This video helps you spot key liquidity zones, walls, and fakeouts that influence price behavior.

Heatmap Overview

Fine-tune your heatmap to match your trading style. Adjust brightness, contrast, and aggregation for clearer insights.

Customizing Bookmap Heatmap Settings

Learn how to configure the heatmap settings to suit your screen, instruments, and personal trading style. This includes adjusting intensity levels and filtering background noise.

Heatmap settings

Bookmap supports multiple heatmap types for visualizing liquidity in different ways. Learn how to use them.

Understanding Different Heatmaps in Bookmap

This video compares different heatmap visualizations available in Bookmap, including default, MBO-based, and custom setups. Learn how to switch between them and apply the right one for your strategy.

Differing Heatmaps

Getting Started

Continuation Pattern

Continuation Patterns

Flag Pattern Setup

Flag Pattern in Bookmap

Flag Pattern Execution

<h4>Flag Pattern Checklist</h4><a href="https://docs.google.com/spreadsheets/d/1LwCylvW6LE_ZMda21MOWxwFQmULa2noI/edit?usp=sharing&ouid=103723450328968105781&rtpof=true&sd=true" target="_blank">https://docs.google.com/spreadsheets/d/1LwCylvW6LE_ZMda21MOWxwFQmULa2noI/edit?usp=sharing&ouid=103723450328968105781&rtpof=true&sd=true</a><br><br><h4>Practice Files for Flag Pattern</h4><a href="https://drive.google.com/file/d/10V5DfSKlBBn4YlTBc3cok2xOGW8oL-Sv/view?usp=sharing" target="_blank">https://drive.google.com/file/d/10V5DfSKlBBn4YlTBc3cok2xOGW8oL-Sv/view?usp=sharing</a><br><br><h4>Example from Bookmap Insights </h4><a href="https://bookmap.com/en/insights?search=Blue%20Jacket" target="_blank">https://bookmap.com/en/insights?search=Blue%20Jacket</a><br>

Flag Pattern Resources

Reversal Pattern

Head & Shoulders Pattern Setup

Strategies & Setups

Bookmap Education Course

Learn the foundations of order flow trading with Bookmap. This free course covers market depth, DOM, liquidity, and how order flow drives price action.

Order Flow Trading Explained | Bookmap Education Course Part 1

Dive into the essentials of order flow trading with Bookmap’s educational series. In Part 1, we explore market mechanics, liquidity, and the role of the DOM (depth of market) in shaping price action.<br>
You’ll learn key terminology like aggressor volume, the centralized limit order book (CLOB), and how to interpret historical order flow. The video includes visual walkthroughs of Bookmap’s interface to help you understand market structure, heatmaps, and volume patterns.<br>Whether you’re a beginner or experienced trader, this course offers practical insights to sharpen your execution in both equities and futures markets.

Trading Order Flow | DOM | Market Depth Trading

Learn how to use volume profile, market microstructure, and auction theory with Bookmap. Part 2 of the Bookmap Educational Course builds on order flow concepts to help traders analyze market behavior on higher timeframes.

Volume Profile & Microstructure Explained | Bookmap Order Flow Course Part 2

In Part 2 of the Bookmap Educational Course, we dive deeper into market structure by applying auction theory, volume profile, and microstructure concepts. Building on Part 1, this lesson focuses on identifying longer- and shorter-term liquidity, interpreting order flow across timeframes, and understanding how volume and imbalances define price action.<br>
You’ll learn how to distinguish between absorption and exhaustion, use volume nodes to identify high-probability levels, and analyze trend strength using volume profile structures like P-shaped and B-shaped distributions.<br>
Perfect for traders looking to refine their understanding of order flow mechanics in both range-bound and trending environments. Includes practical examples, measured moves, and tips for using Bookmap’s heatmap and volume dots to read market behavior with precision.

Volume Profile and Microstructure

Learn how market structure and order flow interact, and how to recognize key turning points on the heatmap.

Order Flow & Market Structure – Bookmap Education Course

This lesson breaks down how market structure concepts like swing highs/lows, ranges, and trend formations intersect with real-time order flow. Understand how to spot structural breaks, liquidity tests, and continuation setups using the Bookmap heatmap.

Order Flow and Structure

Discover how to time trades more effectively using confluence from multiple signals and Bookmap tools.

Confluences & Execution Timing – Bookmap Education Course

Learn how to combine different types of confluence—like liquidity levels, volume absorption, and structural setups—to build confidence in trade entries and exits. This lesson also introduces enhanced execution techniques using DOM Pro and the Bookmap trading interface.

Confluences and Enhanced Execution

Market Mechanics

Installing add-ons

Learn how to install and manage Bookmap add-ons to expand platform functionality.

Installing Bookmap Add-Ons – Step-by-Step Guide

This tutorial walks you through the add-on installation process inside Bookmap. See how to activate and configure both free and premium add-ons.

Installing Bookmap Addons

Trading Addons

Learn how to use the DOM Pro add-on to place, modify, and manage trades directly on the Bookmap chart.

Placing Orders in DOM Pro – Trading Add-On Guide

See how to place orders with precision using the DOM Pro tool, with controls for limit, market, and bracket orders.

Placing Orders in DOM Pro

DOM PRO

Discover how the Execution Pro add-on helps you manage orders and track executions within Bookmap.

Execution Pro Add-On for Bookmap – Overview

Learn how Execution Pro improves order control and lets you see trade execution feedback in real-time.

Execution pro

Visualize your breakeven point in real time with this powerful add-on. Great for trade management and risk awareness.

Breakeven Point Indicator – Bookmap Trading Add-On

See how the Breakeven Point Indicator calculates and displays your true breakeven price on the chart.

Breakeven Point Indicator

Use MultiBrackets to manage complex bracket order strategies and automate exit planning.

MultiBrackets Add-On – How to Use It in Bookmap

Set up custom bracket logic including multiple take-profits and trailing stops with the MultiBrackets add-on.

Multibrackets

Track your trading behavior and get key metrics with the Trading Statistics add-on for Bookmap.

Trading Statistics Add-On – Analyze Your Performance

Explore trading patterns and session results. This video explains how to review performance insights using the add-on.

Trading Statistics

Learn how to manage and execute trades across multiple accounts using Bookmap’s Multi-Account add-on.

Bookmap Multi-Account Add-On – Trade Multiple Accounts

This guide covers setting up simultaneous trading on several accounts with position mirroring or allocation logic.

Multi Account add-on

Combine trade logging with performance analytics using this powerful journaling and statistics tool.

Trading Journal & Statistics – Bookmap Add-On

Track trades, add notes, and export logs for review. This add-on helps you understand patterns and improve discipline.

Trading Statistics and Trading Journal

MBO Bundle Addons

Track real-time liquidity shifts with Liquidity Tracker Pro. Spot spoofing attempts and large resting orders with ease.

Liquidity Tracker Pro – Bookmap MBO Add-On

This tutorial explores how Liquidity Tracker Pro identifies liquidity changes using MBO data to reveal hidden intentions.

Liquidity Tracker Pro

Identify iceberg orders and stop runs in real time using this powerful MBO Bundle add-on.

Stops & Icebergs – Visualize Hidden Orders in Bookmap

Learn how to use Stops & Icebergs to visualize hidden volume and aggressive stop runs directly on your Bookmap chart.

Stop & Icebergs on chart

Clean up your chart by filtering out aggressive market maker bots and focusing on real interest.

Tradermap Pro – MBO-Based Liquidity Filtering Tool

Tradermap Pro lets you declutter your heatmap and focus on meaningful liquidity using MBO-based logic.

Tradermap Pro

Filter out bot-generated activity and get a clearer view of true market liquidity with Tradermap Lite.

Tradermap Lite – Free MBO Add-On for Filtering Bots

Tradermap Lite highlights more relevant liquidity levels by removing bot behavior from the Bookmap heatmap.

Tradermap Lite

Pre-Installed Addons

Use imbalance indicators to detect market pressure based on real-time order book and volume flow.

Imbalance Indicators – Order Book & Volume Tools

Understand how to configure and use order book and volume imbalance tools to identify potential shifts in market control.

Imbalance Indicators: Orderbook and Volume

Spot large single orders that may indicate institutional activity with this tracking tool.

Large Lot Tracker – Identify Big Players

See how the Large Lot Tracker visualizes big trades and how to use it for tracking larger market participants.

Large Lot Tracker

Visualize net buying/selling pressure using the real-time CVD tool built into Bookmap.

Cumulative Volume Delta (CVD) – Pre-Installed Add-On

Learn how to use the CVD tool to analyze aggressive buyer vs. seller behavior in various timeframes.

Liquidity

Use this free add-on to monitor basic changes in liquidity and understand market movement zones.

Liquidity Tracker Free – Monitor Key Liquidity Shifts

Track the movement of key liquidity levels over time and anticipate potential support/resistance zones.

Liquidity Tracker Free

Highlight resting liquidity well outside the best bid/ask. Useful for mapping long-range targets or stops.

Outside Liquidity Add-On – Detect Liquidity Extremes

This add-on shows significant liquidity far from current price, helping you plan ahead for potential market magnets.

Outside Liquidity

Place manual or automated markers on important liquidity zones for long-term tracking.

Liquidity Marker – Track Key Levels Over Time

Learn how to use the Liquidity Marker add-on to highlight and retain context on key levels even as the heatmap shifts.

Liquidity Marker

Identify sudden crypto liquidations in real time. Track aggressive selling/buying during volatility.

Crypto Liquidation Indicator – Track Forced Closes

This tool highlights large liquidations from margin traders. Useful for spotting panic-driven moves or reversals.

Liquidation Indicator for crypto

Consolidating Multiple Instruments

Build your own synthetic asset in Bookmap by combining multiple instruments and weighting them as needed.

MultiBook Customizer – Create Synthetic Instruments

See how to combine instruments into a single chart view using MultiBook’s synthetic creation tools.

Multibook Customizer for Creating Synthetic Instruments

Merge futures instruments (like MES + ES) into one view to see unified order flow and liquidity behavior.

MultiBook – Consolidate Futures Market Views

This guide shows how to combine multiple futures instruments in one Bookmap window to gain better context.

Course Outline