Bookmap xRay

Getting Started, Download and License

We can get you up and running in less than 2 minutes!  We connect via API to the platforms listed below for live data. Simply click the video of your relevant platform and watch the 2 minute Quick Start Video and follow the first run steps for the absolute quickest way to get started with BookMap xRay now.

Please login to download Bookmap and get access to your resources

BookMap Components and Features

Watch these 2 minute videos to learn how to use Bookmap in no time at all!

Getting Around Bookmap

Bookmap 5.0 Features

Bookmap 4.5 Features

Bookmap Run Options Window

Bookmap Heatmap

The Bookmap Columns

Chart Synchronization

Bookmap Toolbar Settings

Record Live Data with Bookmap

Bookmap Addons

Tips and Tricks

What is BookMap xRay?

BookMap xRay transforms your normal DOM, Price Ladder or Level 2 data into a realtime AND historical greyscale heatmap for use with the live markets.

General BookMap xRay Features like order flow analysis and analystics.

General BookMap xRay Features like order flow analysis and analystics.

Who Uses BookMap?

Typical Users: The following types of users typically take advantage of BookMap functionality:

  • Algo Developers
  • Market Markers
  • Proprietary Traders
  • Risk Managers
  • Banks/Brokers
  • Hedge Fund Traders
  • Academic HFT Research
  • Retail traders

How do we do it?

BookMap xRay delivers the only configurable heat map display that visualizes both real-time order flow and live trade analysis information combined with historical depth-of-market (DOM) data. Our unique java-based Complex Event Processing (CEP) engine handles millions of market data updates in real time, showing you exactly how the limit order book evolves over time. This unique perspective enables traders to get faster and deeper insight into live market dynamics and short-term price action.

Bookmap Educational Videos

Concise 2-3 minute videos covering important order flow phenomena uncovered by Bookmap.

Click here for the playlist

Daily Bookmap Live Order Flow Analysis webinars

  • Clearly see Algo activity and other phenomena
  • Integrate order flow into your trading
  • Coverage of Bookmap features

Click here for the playlist

 

Bookmap Educator Partners Videos

FT71 has been trading for over 16 years. He started as a high-volume equities trader and then transferred to futures 14 years ago. He has always traded in a professional proprietary trading environment and ran his own shop until 2010 when he decided to direct his attention to online traders. FT71 is a recognized pioneer in the use of volume profiling and in breaking down market behavior into tradable statistical patterns as a way to read the market auction. He helped establish Stage 5 Trading Corp (www.stage5trading.com or S5) which is a unique futures brokerage that is focused on implementing a prop trading approach to online traders.

Click here for FT71′s playlist

Kevin is a 17 year professional trader and is often called upon by clients like Barclay’s, IKOS and other global trading powerhouses to consult on market microstructure and quantitative trading strategies. Kevin trades daily and uses Bookmap, and in fact says it is the best tool for visualizing the limit order book phenomena he has taught to professional traders and trading desks for years. We are glad to have him share his unique insights including the top 5 ways that real institutional traders use the limit order book information to get an edge.

Click here for Kevin’s webinar

Ferran is a well-established and highly respected trader who has been trading a variety of diverse markets for the last 12 years. BookMap fits well with his trading style so be sure to check out his webinars to gain insight to how he integrates order flow into his trading.

Click here for Ferran’s playlist

Lewis is a legendary S&P pit trader at the CME. Over the course of his thirty year career, he traded the largest and most active markets, including the S&P futures and Eurodollar. Lewis traded tremendous size. At one point, he alone accounted for 10% of the average trading volume in the S&P contract.

Click here for Lewis’ playlist

Seasoned prop trader with distinct scientific background. Specializing in order flow analysis and market micro structure for scalping. Rarely hold a position for more than few minutes.

Click here for Jean Mark’s playlist (in French)

Daniel Skalak is an E-mini S&P 500 futures discretionary trader who has been trading for six years, the last two years as a full-time trader. He uses market auction theory with volume profiling and makes 2-4 trades per day with no overnight exposure. A self-described “disciple” of FuturesTrader71, he implements skills and techniques acquired over the past three years as a client with Stage 5 Trading, using Investor R/T charting and trading directly on the Bookmap order flow software. Prior to becoming a full-time trader, Mr. Skalak was a waiter at upscale restaurant Per Se in Manhattan.

Click here for Daniel’s webinar

Jason Love has been an active day trader for the past 10 years. The Oil Trading Group was founded over 7 years ago to address the glaring need for quality day trading education. Prior to becoming a day trader, Jason ran a 300-seat call center, as the Vice President of Operations. As a veteran of the United States Navy, who served during Operation Desert Storm, Jason understands the value that structure and discipline have in day trading the volatile financial markets. When Jason is not trading, he is coaching his son’s Travel Select Youth baseball team and spending quality time with his family.

Click here for Jason’s webinar

Mete Topcuoglu started to trade options on a part time basis in 2009 with help from a 28-year Wall Street veteran. In 2010, passion for the markets took over and he became a full-time trader. After numerous courses on markets and trading, he joined the Prop Traders course offered by Compass FX and taught by market veteran Ray de Medici in April 2014. Taking Ray’s advice to focus on a single market, he mainly trades crude oil since September 2014. He is a day trader using order flow and market intrinsic to decide on direction. Rarely carries a position over night and never over the weekend.

Click here for Mete’s webinar

John Slazas is a veteran trader, who began his career on the trading floors in Chicago and since founded his own business, JS Services in 1984. He offers a multi-market multi-state strategy solution that combines quantitative models with behavioral inputs for a balance of discretionary and systematic results. He is a Bookmap user and pinpoints entries and exits based on the order flow.

Click here for John’s playlist

Jason has traded the stock, options, forex and future markets for the past 15+ years and also worked for an online brokerage firm for over 5 years where he was an educator and trainer for the stock and options market. Jason’s main trading focus these days are the S&P emini futures where he day trades and uses fibonacci levels, market profile, support and resistance and Bookmap for his trading tools to confirm his trade setups for his trade plan. Jason is a big believer that you must master your own emotions and the psychology of trading to be a successful trader and he teaches this to his students. Click here for Jason’s website.

Click here for Jason’s webinar

Niels has been day trading fulltime for over 7 years. He started trading stocks and penny stocks but moved quickly to the more technical futures market. With a passion for mathematics he fell in love with the market pretty quickly and then found out the psychology aspect is also something that you need to master. Well over 10,000 screen hours makes you notice things and Niels started developing his own order-flow tools and algorithms that he trades. BookMap complements that very nicely by showing the intended order flow in relation to the executed orderflow. He is based in Amsterdam and works abroad in the wintertime, spending his time trading, surfing and kitesurfing. Currently in Canggu, Bali. Click here for Niels’ website.

Click here for Niels’ webinar

 

Competing to win in today’s algo driven markets

The market of today are definitely not the markets that our elders participated in back in the day. They are dominated by algo driven strategies that have a known speed advantage over the average trader or investor. Ignoring limit order book information and acting on price or traded volume alone could be financial suicide in today’s algo dominated markets. Yet many traders do just that when focusing only on price and volume data. With BookMap you will see and learn how actual order flow in the limit order book can be a precursor to the aggressive volume that hits the tape and how this information previously only available to the most sophisticated can be easily seen with Bookmap.

The document below is designed to arm you with the necessary baseline knowledge needed to understand todays electronic markets. From Limit order books to trade execution flow and a high level overview of the types of strategies that the “algos” use to dominate the playing field. This document is designed to help the average trader or investor understand the information that Bookmap visualizes so well. It also talks about exchange Matching engines, Informed actors, LOB slopes and sub second messages that are being acted on by the fastest technologies available.  Additional resources are located in the pdf as well.  Discover the highly-useful actionable information that has been hidden in plain sight.

This document is for registered users only. Please login or register to download the pdf

Support

Get your questions answered. You can search the answer you are looking for in the following list of FAQs. If you still need support after reviewing the list just submit a Support Request and let us know how we can help you see through the markets with BookMap xRay.  Please direct other inquiries to support@veloxpro.com

Our normal support hours are:

  • European Session: Mon – Fri  09:00 CET – 18:00 CET
  • US Session: Mon – Fri 9am EST to 4pm EST

Support requests received during normal support hours will be answered the same day. Off hours support requests will be answered within 1 business day.

FAQs

Here it is for you (you have to be logged in):

This indicates the symbol you entered is not recognized. This could be either due to entering an expired contract, wrong symbol syntax or symbol you have no data subscription for.

Most likely you subscribed to the free offline plan. Free offline subscription do allow recording of live depth data, for a limited period, but it does not allow real time viewing of the data. So the data is recorded but the symbol buttons remain inactive. The recorded data can be viewed with BookMap replay after the recording session ends. If you wish to switch from the free subscription to the S5 special free live trial, please contact us from the support tab.

The beta release include several features and enhancements that are not included in the production release. A beta release becomes a production release after a cycle of field usage once the next beta release is ready. Click here for more details about the additional features and enhancements of the current beta release

Prices above best ask are sellers while prices below best bid are buyers.

No. BookMap supports both versions.

BookMap presents all price levels transmitted by the exchange. When a price level goes out of the range transmitted by the exchange (e.g. CME transmits up to 10 levels of bid and 10 levels of ask), BookMap keeps record of the last transmitted level and updates it once that level returns to the transmitted range.

  • Windows 10, 8, 7, Vista, 2000 or XP
  • Monitor with minimum 1024×768 resolution
  • 3 Gigabytes RAM (minimum) and 1 GB disk space
  • Intel® Core™ 2 Duo, 2.0 GHz + Java JRE7 or above
  • Video card of 516 MB memory or more supporting OpenGL 3 or above

  • View order book history in addition to current status.
  • No delays. BookMap is event driven, and is updated every 30 milliseconds. Most other charts aggregate and therefore incur delays.
  • Ability to watch volume profile per a desired time frame.
  • One click on a chart to trade live.

BookMap is aimed for Pro and retail traders to help them improve their short term decisions.

Yes. BookMap connects automatically to the activated account.

BookMap connects to multiple trading platforms and market data vendors, such as TT API, S5, CQG, NinjaTrader, TWS, IQFeed, Rithmic and Transact API.

Yes. Please send us as an email and ask for the BookMap Quant solution

The pro version currently supports TT API, S5, CQG, Interactive Brokers TWS, NinjaTrader, Rithmic and Transact API.

Most securities that contain full depth order book are supported but the current version best supports Futures.

It depends on your feed limitation and data provider limitations as well as your trading station performance. TWS, for example, allows up to 3 instruments in parallel and S5 up to 5 instruments.

Yes. BookMap is not a client-server based solution. The application runs locally on your PC and interacts with your trading platform to receive market data (or transmit orders with the trading add-on). We do not have any access to any of your personal account information or your trading activity. The only information we receive during license activation is your OS version and screen resolution. We keep this information to improve BookMap experience. No other information is passed.

Yes. To download BookMap user manual, please register to the website and select the product you want to download. Once registered, you will have access to a resource page where you can download the relevant user manual.

To download and install BookMap on your PC, please follow the instructions below:

  1. Download BookMap
  2. Save the downloaded .exe file on your PC
  3. Run the saved file
  4. Follow the prompts of the Installation wizard to complete the installation

To operate Live version:

  1. Make sure TWS is activated and that ActiveX is enabled. To enable ActiveX go to TWS Edit > Global Configuration > API > Settings. In Settings make sure Enable ActiveX and Socket Clients is checked.
  2. Click on connect and then subscribe to an exchange & instrument.
  3. For further details, please review the user manual

  • The easiest way is to subscribe to a future first in TWS.
  • Once you are subscribed, right-click on that Future and select ‘contract info’ and then ‘description’.
  • Copy to BookMap subscription the exchange name and symbol name, exactly as they are written in IB/TWS. For example: exchange ‘DTB’ and symbol ‘FDAX SEP 13’

Watch this short video to learn how to record depth data with BookMapBookmap xRay

How do I cancel a limit order?

  • Place the mouse cursor on the order you want to cancel and click the middle button. Each middle button click will cancel a pending order (for the number of contracts set per click) at the designated price level.
  • It is possible to cancel ALL open orders for a designated price level by pressing CTRL + clicking the mouse middle button.
  • To cancel ALL open orders at All price levels, click the X icon above the chart.

How do I place a market order?

  • Left click mouse at or above the current ask price to place a long market order.
  • Right click mouse at or below the current bid price to place a short market order.

How do I see orders that I placed and executions?

  • When you place an order you will see a circle with a line that progresses on that price level. Upon execution a triangle will appear at the end of the line pointing to the direction of your position.
  • Magenta represents sell orders and cyan represents buy orders.
  • to hide the graphical presentation of orders and positions click the settings icon above the chart and uncheck the relevant items

How to enable one-click trading from the chart?

  • Click the settings icon above the chart, enable one click trading and choose your default order size per click.

How do I place a limit order?

  • Left mouse click mouse over the desired price level will place a new Buy order with the designated limit price.
  • Right mouse click over the desired price level will place a new Sell order with the designated limit price.
  • Middle mouse click : cancel one order from clicked price.
  • Middle mouse click + CTRL: cancel all orders at clicked price.

Watch this short video to learn how to use BookMap on multiple computers Bookmap xRay

Ready for more?

Explore BookMap xRay Add-ons right here!