Bookmap, an advanced order flow and market depth visualization platform, offers various subscription tiers for traders seeking real-time insights into market dynamics. While Bookmap operates as a specialized, external platform that can connect to various data feeds and brokers, its core pricing for an enhanced feature set is designed to provide comprehensive tools for market analysis. The subscription cost for Bookmap itself applies regardless of the brokerage platform used for execution, such as Thinkorswim.
Bookmap Subscription Pricing
A popular subscription plan for Bookmap provides access to a robust set of features, enabling traders to delve deeper into market dynamics. This plan is available through flexible monthly or annual payment options:
| Subscription Period | Cost |
|---|---|
| Monthly | $49 per month |
| Annually | $120 per year |
Opting for the annual subscription offers a significant discount compared to the cumulative monthly rate.
Included Features
Subscribers to this enhanced Bookmap plan gain access to a range of powerful functionalities that extend beyond the basic offering, aiming to provide a comprehensive analytical experience. These features include:
- Record / Replay: Ability to record market data and replay it for in-depth analysis, backtesting, and strategy refinement. This is crucial for reviewing trading decisions and understanding past market behavior.
- VWAP (Volume Weighted Average Price): Access to the Volume Weighted Average Price indicator, a crucial tool for understanding the average trade price of an asset throughout the day, adjusted for trading volume.
- POC (Point of Control): Inclusion of the Point of Control, which highlights the price level with the highest traded volume within a specific period, often indicating significant market interest.
- Expanded Ticker View: Ability to view up to 20 ticker symbols concurrently, allowing for broader market monitoring and comparative analysis across multiple instruments.
- Real-time Market Data: Access to real-time market data for futures and stocks, typically requiring an additional data plan from a compatible provider to feed into Bookmap. This ensures traders are working with the most current information.
Enhancing Your Trading Strategy
Bookmap's advanced visualizations, including its heatmap of liquidity and order flow, are designed to complement a trader's existing setup, offering unique perspectives on market behavior. Traders often integrate such specialized tools to gain an edge in understanding institutional activity and short-term price movements. The platform's ability to display order book dynamics and historical depth of market provides a powerful analytical layer for various trading styles, from scalping to swing trading.
