Trading Integrations
Bookmap + MenthorQ Tutorial
This lesson introduces you to the powerful integration between Bookmap and MenthorQ, showing you how to combine institutional-grade options flow data with advanced order flow visualization. You’ll learn how Bookmap displays market liquidity in ways that traditional charts cannot, and how to leverage this with MenthorQ’s GEX levels for higher probability trades.
Bookmap is a liquidity software platform that extends beyond traditional depth of market displays. It’s described as a real-time market order visualization tool that shows you the past, present, and future of market liquidity through its liquidity heat map. These levels represent resting limit orders in the market, and unlike standard depth of market tools, Bookmap shows you how long orders have been in the books, whether they’ve been pulled and replaced, and tracks everything by the nanosecond using market by order data from the CME through a data provider called Rhythmic.
The platform tracks two critical types of orders: resting limit orders (shown in the heat map) and aggressive orders (displayed as red and green balls). The aggressive orders, which can be stop orders or market orders, are what actually move price from one liquidity level to another. Bookmap calculates volume delta (buy minus sell) through these volume dots, giving you insight into buying and selling pressure. The Liquidity Marker tool pulls numbers directly from the dome, showing you exactly how many orders are sitting at each level in real-time.
When you combine Bookmap’s order flow data with MenthorQ’s GEX levels like call gamma walls, you gain powerful confirmation for trade entries. Peter demonstrates how additional indicators like the stops and icebergs indicator and the absorption indicator reveal exactly what’s happening at key levels. For example, you can see when stops are hit into a call gamma wall (like the 44 stops, 11 stops sequence shown), followed by strong delta buyers, while the absorption indicator shows sellers being absorbed (29 sellers in the example). This combination helps you identify high probability trades rather than guessing about market manipulation.
Integrating MenthorQ with Bookmap is straightforward through the Pricelines add-on. Premium members can access integration guides for multiple platforms including TradingView, Ninja, One Tower, ATAS, Bookmap, Sierra, Tinkorswim, and MetaTrader. Using the MenthorQ coupon code gets you a discount on the Pricelines add-on, which is necessary to plot levels on Bookmap. Once installed, you simply enter your API key through the configure add-ons menu, select your gamma levels or scalping system, and your GEX levels appear directly on your charts.
Video Chapters
- 00:00 – Introduction to Bookmap and MenthorQ integration
- 02:11 – Understanding the liquidity heat map and resting orders
- 04:19 – Tracking aggressive orders and volume delta
- 06:41 – Visualizing charts differently from candlesticks
- 08:35 – Using stops, icebergs, and absorption indicators with GEX levels
- 11:02 – How to integrate MenthorQ with Bookmap using Pricelines
Key Takeaways
- Bookmap is a real-time market order visualization tool that tracks liquidity by the nanosecond, showing the past, present, and future of order placement
- …
Video Transcription
[00:00:03.04] - Speaker 1
Happy Friday everyone. Welcome. Today we have some really exciting guests. We have Peter with us. And the session from today is going to be about bookmap and how to use the platform and also how to integrate the data from Mentor Cube. We have recently released like a very exciting integration with bookmap. So Peter is going to show us how to integrate it and how to use it. But before we do that, as always, I'm gonna play our disclaimer just for a few minutes, seconds. All right? And as always, guys, please send us any comments or questions. We're gonna reply that at the end, but I'm gonna pass it on to you, Peter, if you want to introduce yourself and then we can start from there.
[00:01:03.24] - Speaker 2
Thank you guys. Happy Friday. Mentor Q members. Fabio, Patrick, it's a thrill to be here with you guys. Okay. And I've been with bookmap just over two years, by the way. It's not an official Bookmap video, but it's. I'm officially helping show you guys integration and answer questions about, give an introduction about Book Map, what, what it's about, what it's really showing and then how we can value that, integrate that with the Mentor Q GEX levels to have more edge in trading the markets. So, you know, so I get the question still a lot. And I have to kind of go back to the ABCs and remember there's a lot of people that still don't know what this is. Sometimes we know what it is and we come off, you know, a little bit too advanced and we want to help people understand what is the ABCs, what is really BookMap. BookMap is basically a liquidity software platform. It's an extension of depth of markets. So it's above that. It's a real time market order visualization tool. So what it's showing really is liquidity. It's. It's showing many things that's volume related. And I'll start first with just the basic things.
[00:02:11.01] - Speaker 2
The liquidity heat map. These levels are basically resting orders, okay. On the market. The problem that we've had a long time ago with domes depths of market, this stuff here is we wake up in the morning, we come to the market and all we see is this guy's sitting around here. We don't know how long they've been in the books. We don't know what their intention is. We don't know if they pulled and came back. We don't know anything. But with the Book Map, with this resting liquidity in the historical, we could see Literally the past, present and future. We can go back and see how long this guy's been in the books and how big was his liquidity, how serious he was. And you can see here in this example guys how market turns at these levels and, and such. So we're able to see guys that weren't very serious here. They were, they put orders here and they took it off. But we could see it by a timestamp, by the nanosecond. And this is really, really informative when you line it up with GEX levels because you know, it's a good way to see, supports, resistance and, and guide your trade into, into his destination.
[00:03:16.16] - Speaker 2
So you know, me primarily I use Bookmap for execution management off. Once I analyze markets and I analyze my GEX levels, I'm coming in here and I'm looking at, you know, targets, liquidity areas where possibly I front run and take my orders off a little sooner, you know, for specific reasons depending on the instrument, you know, like Nasdaq for example, we like to trade a lot, has, it's very loose, has a lot of follow through, also has a lot of algos market. Over 50 of this volume is algorithmically controlled by quants. So having the edge and seeing where their volume is and what they're doing, what their intent, it gives you that insight that a lot of people can't see and you're definitely not going to be able to see with the standard depth of market. So this is one of the ways that we're able to see, you know, again the past, what occurred in the past and then ongoing the future, okay? And so this is one way that we're tracking volume and liquidity in the market using bookmap, which is, which is just. I don't see anybody able to do a better job building these.
[00:04:19.20] - Speaker 2
Now another thing that we're looking at, where the price movement is that we track is the overall aggressive, okay? Because we know that these orders here on Bookmap are resting limit orders, okay? They're not aggressive buyers, they're not aggressive sellers. They're saying this is what I want to sell for and I don't care, I'm not going to come down to you. And so on the other way and what's happening here that we see on these, these balls, these little red and green balls, if I enlarge them here, these are the aggressive, aggressive orders. Now these can be stop orders or these can just be people just hopping right on in. So this is aggressive, this is what's moving price throughout the Day from one point of liquidity to the other, from one point of GX to the other is. That's what's moving is these, this delta, this is an overall buy. If I go over here, these volume dots, it's configured a volume delta which is the buy minus cell. So it's just, it's pretty much like a as. As simply as it said right there. Yeah. So that's another way that we're using the volume.
[00:05:36.18] - Speaker 2
We're tracking volume, aggressive volume. We're tracking resting volume. And another way to, for example, you see here these little numbers I have, this is a tool that was just made probably not even a year ago called the Liquidity Marker. It's pulling forward the numbers out of the dome and showing us exactly how many guys are sitting here just at a glance. And if you go to our bookmap knowledge base, I can maybe share that later on. It's just a free knowledge base inside of Bookmap or you can always contact me, ask me for help. This is showing orders in a, in live time again by the nanosecond can show are they sitting, are they pulling? So it's a really unique tool. You have to calibrate it the way that you need it and want it. So again, all we're doing inside of Bookmap, which is most amazing platform for tracking liquidity, is doing that. We're tracking real data, not made up stuff. This is what's going on. These are the participants. This is where they were then, this is where they are now. And, and we're tracking the aggression in between it. You know, where we're pulling from, going to, from here to there.
[00:06:41.22] - Speaker 1
And Peter, can I, can I ask a question? So obviously when I started working or implementing the indicator with bookmap, obviously most of traders are not familiar with obviously this visualization. Right. So for someone who is really approaching kind of like this type of visualization which is looking at charts kind of like in a different way, what would you think, you know, the quickest way to learn or the quickest like takeaways would be for if you're going from a candlestick chart to something like this, like. Because obviously at the first glance it could like seem quite overwhelming, quite complex. But can you tell us maybe in simplified ways how you like a new trader should use it and obviously take the, the, the best out of of those visualization charts.
[00:07:33.14] - Speaker 2
You know, like one of the ways example is if you're coming in and you're an MQ trader, enter Q you're and you have integration on another platform with your GEX levels. And you see here, for example I have a call gamma wall here down on on MNQ NQ that we hit not once, twice in a BL zone. So some of you guys that are more familiar with Mentor Q and you're coming from a chart basis, we have other tools here that we can add on that are add ons like a stops and icebergs indicator. And in this case you can track and see by the nanosecond. Again because this is using market by order data. Again I hope I don't throw people off. You can research about all this information. But this is orders coming in from the CME through a data provider Rhythmic and it's coded. So our developers have been able to create codes in the system here to show hey, you know when this candlestick went down and it wicked and it came back above a level a lot of people go oh man, you know, manipulation this and that. It's easy to assume it because you don't know the real thing, what's going on.
[00:08:35.25] - Speaker 2
Yes, markets trade to grab liquidity and they move from one level to another based on grabbing liquidity. But now instead of you assuming was this like a stop run into this gamma level here, you don't have to guess because here in this case we see we had 44 stops hit into here, 11 stops hit into here. These are actual stop orders. 11, 14, 44, 11 boom. Into a call gamma wall. Aha. Now what I'm looking for buyers. You got buyers coming in delta buyers coming in strong. And at the same time we have tools here. This box is called an absorption indicator. 29 sellers here that tried to break that and fade that. Most likely retail traders that aren't aware what's going on not understanding the flow, not understanding GEx the power of the options flow.
[00:09:25.02] - Speaker 3
Boom.
[00:09:25.23] - Speaker 2
Sorry buddy, you're out and off we go retest and that's how we go. So using GEX level on top of our order flow, we're able to combine a picture and say this is a high probability trade. I'm going to take that. And of course subject to your plan if you're a scalper or if you're going for range and stuff like that, this is how you would use this, these tools.
[00:09:47.20] - Speaker 1
Yeah, and yeah and maybe like I can quickly show how easy it is to integrate with the bookmap. But before we go in actually the showing you the settings, let's go into our website first. So first of all we with the launch, if you go if you are a premium member and you go under integrations, you can actually access all these integrations. So besides TradingView, of course we have Ninja One Tower, ATAS, obviously BookMap right here, Sierra, and then we have Tinkorswim and MetaTrader. So by looking there, you can go into the integration guide which is right here and then you can read how to quickly integrate with bookmap. So with Bookmap we are leveraging an add on which is called Pricelines. By using our coupon code, you will get obviously a discount on the add on. The add on is necessary to be able to plot the prices, the levels on the Bookmap platform. And then obviously here you have all the documentation. But basically once you have the add on set up, then Peter, maybe you can show us how easy it is to, to do it. But you would connect with a direct API.
[00:11:02.21] - Speaker 1
So you just need to type in the API key, update the levels and the data is there on your chart. So it's really, really easy and very less time consuming and very easy to, to get it. And then you have a lot of customization. So maybe I'll pass it back to you if you want to kind of show how it, how it works and how it looks on the chart.
[00:11:21.08] - Speaker 2
So on the chart, basically if you go into your configure add ons, all add ons through Bookmap are just controlled through one easy to find place and you have your price lines here. So I know Fabio, you had made a video. There's a little video also insider Mentor Q showing how to install this. It's a quick two minute video showing how to integrate and then put in your API code right into here. One of the cool things, guys, about Pricelines, by the way, if you get that, it's an amazing tool because if you have such studies like statistics and cloud notes, you can also use this, right? So you can make a column and I'll discuss that later. You can do columns here for that and add that in. So the Spice Line tool is just priceless. It's amazing. But inside here is the Mentor queue, the integration. Once you get the API code from inside of the website from Mentor Q, you put it in here and you select your gamma levels. Or there's also a tighter system that Fabio and Patrick have created called Scalping system, but generally we're doing gammas and of course you can change the thickness of your lines and you can remove.
[00:12:24.12] - Speaker 2
If some guys don't like to use gecks, they'll just stick with the basics. And like the bls. So you could select those lines. You don't have to have all those on the chart. Also the thickness of these, I'm kind of getting blind lately. So by default these are kind of small. I increased the size on these. You can reposition these to the left or right. And also the lines, you can make them thicker and brighter. What you come in here every day is just hit your update levels. You'll get the confirmation over here that we are updated and you'll even get the timestamp down here. This was updated, you know, 12, 5. This is Future. So we're using end of day data. Oh.
[00:13:05.05] - Speaker 1
We lost the screen.
[00:13:06.05] - Speaker 3
I think.
[00:13:07.15] - Speaker 2
Sorry guys.
[00:13:11.17] - Speaker 3
First.
[00:13:12.27] - Speaker 1
Yeah, and I think another cool thing in bookmap you can use the levels for futures. You can use the blind spots. You can also use the intraday gamma levels for stock CTFs and indices. So those are also available to you. So we can go into details as well.
[00:13:31.11] - Speaker 2
Yeah, I'm back on. Sorry about that guys. You see here, even like as we're just trading, we're up at a Geck Stein level And you know 145just came on over there. I don't have to look and figure it out. Looking on domes now you can see how serious is he. We're going into him. His market is chasing these robots are chasing this. So depending on what you're playing. Anyway, let's get back to where I was. Yeah, you were mentioning stocks. Here's Apple. So you can put it on any, you know you have to have a DX feed for this. So you're able to utilize your GEX levels on any stock.
[00:14:08.26] - Speaker 1
Yeah, and the cool thing here, Peter, if you go back on the settings that you can also use the intraday levels right there. So you are able to basically within the integration you have obviously the different settings, if you scroll down right there you can see you have the end of day, the frequency you have end of day and intraday and those obviously, you know we have a big release last week. We have like a lot of documentation on the website. Those update like six times a day right now. But we are going to introduce new updates throughout the day. So we're going to go at 9 updates next week I believe. So basically like you left the updated levels all day long on stocks, ETFs and indices. So.
[00:14:57.15] - Speaker 2
Right on. And then just make sure you guys, whatever you, you select to just hit update again and that's it and you're good to go. And you saw we, we took out those that liquidity there. So you know, we, you just can't make that stuff up. We know that. Right. So if you're a scalper, you could have scalped right on into that. And so and again you have destinations above. If you're chasing your plan is to go back up to the 650s to the one day max based on your plan. This is what you do. It's really nice. It plots and automatically and like Fabio said, they've added last week the intraday model updates, I think six times.
[00:15:35.20] - Speaker 1
Yeah, yeah.
[00:15:40.07] - Speaker 2
So it API is a great technology because you don't have to do all the work, you know, all the work is done for you.
[00:15:46.28] - Speaker 3
Yeah.
[00:15:48.28] - Speaker 2
So another thing that we have as far as like tracking volume, you know, we have a lot of people that do just so you guys know, the columns here, we have an unlimited amount of ability to put columns here and how to track that volume. Because volume profile is a big thing for auction market theory traders and stuff. And keeping track of where points of control where a lot of liquidity has exchanged and not, you know, like loose areas and high volume areas. And what some of these unique things are is like this chart range volume profile is, you know, if you're a short term, if you're looking at short term, you can move this. And so it's another words a visible range. So anything that's in my visible range, I can adjust this thing to look at that little micro, that little fractal time frame. You know, again, scalper kind of thing. Not my style. But you can break down and look at volume and analyze volume in any little time slice by doing that. And then you have your full session volume again. You can see areas where, look where you traded down here.
[00:16:50.06] - Speaker 2
21610. You can see again, somebody's here. 101s. More liquidity down here. And then you line that up with your plan, with your GEX levels and what, what you're trying to do. Right. So I mean, yeah, so we have different kind of columns you can add. You can customize the heck out of these profiles, make them custom fit to the way you want. I know a lot of guys using the auction love to chase midlines and V wax. Same thing. You know, you just put it into your theory. You know, for example, where's our vwap?
[00:17:25.13] - Speaker 3
Boom.
[00:17:25.23] - Speaker 2
Our vwap is hiding right at this gamma wall. So you can line so many things up to take this one trade. We're talking back about this trade where there was a sweep, okay. Some absorption sweep. This is Big money into the call. Gamma wall absorption. VWAP buyers. There you go. Who's these guys may be on the other side. They could be the vwap stops. So if this failed, this thing flies. And where can you go? Where's your target you're looking for? You know the next liquidity is down. If there's a close by bl or something like this, this is. It's going to sit there and wait for you. So I like to front run these a little but that's just my. My style because I've had too many occurrences where I try to get every tick and then you know, there's a word for that.
[00:18:13.27] - Speaker 1
Can you. Can you maybe. Peter, how you. Obviously you've. You've been with us for maybe a few weeks now. I think we. It's been less than a month. Can you tell us like how you then now use the gamma levels that we provide together with what you'd already do on Bookmap and the things that you look for and how can maybe that people get some ideas on how to maybe add that into their strategies.
[00:18:43.03] - Speaker 2
So you want me to show my volume profile the way I trade? Sure.
[00:18:50.12] - Speaker 1
Any insights on how you use all of this stuff?
[00:18:55.01] - Speaker 2
I'm really good with volume profile. That's my roadmap originally before I integrated Gamma into my trading. Okay. And I've been with another company that was out there before. So I got good experience before I came to mentor Q about what they were. So I was able to integrate them real fast again to my trading. But I. I like to trade in and out of values. So I'm looking for in my day like if I'm coming out of eth and I trade back into yesterday's value or break above it, I'm where I'm looking always for longs. Then I'm going into and vice versa the other way. Right. So I'm looking to trade imbalance, rotational mean reversion if that gives me distance. Otherwise I'm not going to trade it because it's not worth it. I've done it for so long and it doesn't fit for me. And if my gamma levels then are giving me that same approval, then I'm going with that direction. And what's cool about the gamma levels and I isolate them on the chart. So you know, I got to still be able to clearly see this. It helps even automatically create a.
[00:19:58.22] - Speaker 2
An RR for myself. You know, if I know like this level breaks then I know I'm just wrong. That's it. That's where my stop is. And that's what that pretty much was, was a stop. I was in this trade. So I need to step back first and always look at what goes on. You know, failed auctions balance mean reversion and continuation. So I'm looking at profile, initial balances, break of that continuation and making new rotations in that how that aligns up with. With what I'm looking at here. Now I just have like a powerful force of information. It's not made up now. Volume, profile, it's developing things. So it's developing throughout the day. So you're going to be wrong before you're right and you just gotta later on you develop this and you just build and you just learn how to take this like unconscious competent trades. But what now gives you more confidence is at that point where what, where am I getting out of and coming back into. I don't have to understand all the lingo of what the dealers are doing. But I understand by taking Mentor Q Academy courses on the weekends at night, learn, study, always learning.
[00:21:06.00] - Speaker 2
That essentially what it means. I can't reiterate it like the pros like you guys. But I know the value of them relative to the auction because I'm reading the auction the way it was taught to me by my mentors. When I create put that together, I have something to move go with. Now my last tool of choice and it will always be in my arsenal and I could never get rid of it is bookmap. Because now I'm going to come in and I'm going to look at by the nanosecond inside the noise in the weeds what's going on and it's going to help me confirm. You know. I took a screenshot real quick the other day of sweeps. I think this was Wednesday. If I can share it because I know that live time I can't capture everything. So of course this was a cherry picked trade like a cherry picked photo. And I put this thing like this is institutional sweeps. Only big money can trade this fast in and then psych everybody out and buy back in what they do. You know, I didn't see a lot of stops. So look where we hit a one day max.
[00:22:07.11] - Speaker 2
And I think now we learn and I'm learning that call resistance is that are once resistance could become support and continuation just like the one they met. If we do break them sometime they, they'll. We'll now become the way. I've learned it at least from you guys that resistance. And it gets crazy. So it made A lot of sense they went in there, liquidity grab continued and we ended up going up rest of that day. I believe this was one is day. This happens time and time again and, and and you know you're able to utilize it that way. Yeah, we're looking for how you can.
[00:22:45.20] - Speaker 3
Use this second confirmation because we get always the question okay, can we buy or can we sell on some level? So how do we know if this is buy or sell? So do you bookmat a little bit helping us to get any idea if there are some exclusive buying or selling or is there sitting something. So can we use this as second confirmation?
[00:23:11.26] - Speaker 2
Yeah, absolutely. I mean that's pretty much what I'm trying to explain that you're using the volume, you're using the, the aggressiveness, the aggressive buyer confirmation and a lot of these other tools as I explained. You know we have a lot of different add ons at Bookmap with the icebergs and the stops and the aggressive buying at certain levels it takes time to see it. It's a little bit of a dance sometimes. It's hard to teach it to everyone. One person's style, everyone uses this a little bit different, a little different nuances. Some people have different old styles they talk about in here but you're basically looking for where the aggression is taking place, you know. And volume profile is something big on me because. Because that's just what I've been learning and it's improved my trading a lot. So you have to combine all this information together. Here's the interesting thing. None of these things are made up. So GEX levels aren't made up. All these resting orders are not made up. The aggressive buy and sells and stops are not made up. So how you can implement it into your trading is. I don't think there's probably another thing that you should be implementing into your trading.
[00:24:23.00] - Speaker 2
Be honest with you because everything is data. Everything's data. And you know, in a quick side note, I want to make guys like I wish this stuff was available when I started trading, you know, in 2013. You know, it just wasn't. We didn't have even micros available to be efficient and get in the game. We didn't have until Covet. I think you guys created this option stuff became very popular. Order flow became popular. What 15, 16 people started making this platforms came out. So I just don't see any other better way as far as I think if you're asking me like how to show a, you know, a trade or something, it's no trade is going to always win. Every time you get in any Trade is a 5050 shot. You got to know your level's good. You got to know what you're looking for on the reaction of the buying and selling. And then you got to take your stab at it. There's only one way to find out if a trade's going to win. You got to, you got to hit them. And eventually what will happen is by combining all these tools you, you'll be able to find one or two good setups that you love and you do every day.
[00:25:25.27] - Speaker 2
And you take your losers because again, let me pull up my trading view. Here's micro bitcoin, here's levels using ibit. I don't want to veer off too long, but on different things. But guys, the GEX levels will give you your R's automatically if you don't know how to control risk. And that's what you're afraid of. And you'll see this time and time again you'll know where you're wrong and you'll know where you're right. And you can use the data and book map clearly to show you targets Liquidity likes to get filled. Most of the time they're not just pulling, they're there to get filled. And so you can use that to get to it. Look what the market does here. It takes stops to fuel itself to get to liquidity because it's chasing liquidity, you know. And somebody came in here and absorb them. And you can see that on the history. You won't be able to remember that on a dome like hey, when we got up here to 21635 somebody came in and tagged these guys, took them out. They stopped running them up, took them out, tried again and failed. Look where the buyers came in.
[00:26:32.09] - Speaker 2
Now this is like in the minuscule of things. I don't scalp but it still works in that fractal too. So if you're a scalper, that's how you can use that information.
[00:26:41.05] - Speaker 3
I like to go can you stop your mouse? There's. So this was forming when we was now live the big red bubble with the 89. Yes. So it. So let's think about. There would be now a GX level. What would, what would this meaning? So if we see the gags level there we see the red bubble and we see the number 89 and we're going now higher. What was. What is this meaning how we can use this, how people can take advantage of this.
[00:27:13.15] - Speaker 2
So we can see that there was like A sweep order again probably real big order. I didn't see any stops get taken out. So there was just. It was a sweep into this liquidity to probably fill this guy, take his liquidity and run with it. So there's a buyer here and also there was an absorption. This little green 89 was absorbing in case the market went under. There's a convicted buyer that all simultaneously by the nanosecond did that. And if you had a GEX level there, you just, you just, you know you made 10 points. I know there's people that like to scalp this NASDAQ 10, 15 points. I trade micro so I go for distance. So I'm usually looking at the like the wider goal. So I'm usually zoomed out and I'm looking for to hold and run with stuff from one G level to another. And usually in the mornings the liquidity tells me that story. Because when I come in and I use things like you can use features we have like trader map light. It eliminates a lot of the noise off the charts. It eliminates a lot of like the algos and small retail.
[00:28:19.07] - Speaker 2
I can see where convictions are and I know that all morning that this was going to be one of my targets. I should have kept a runner during this zoom. But yeah, it's, you know it's gonna, it's usually gonna get up there usually again with you. You can clearly see it when you zoom out. So you gotta zoom out. Always intraday we get boggled up our minds get fried up in the in the weeds of things and gotta zoom back out. I tell my guys, just zoom out, take a walk, come back in and you'll see it. I mean this is not made up stuff. So that's what that.
[00:28:57.05] - Speaker 3
Yeah, we see this on the Gamma World zero dte. Yeah. So yeah. Yes. The gamma was zero dte below. We were stopping there all the way there. There was around numbers. And we're speaking about also about a good risk rewards when we're speaking about trading locations. So look at, look at what Bookmap is offering us now. So we see the gamma was UDT BL4. And then we see also the line or the liquidity line on 2021 59. So this could be possible now below there our. Our stop. Yeah. So placing the stop below this area and taking the long there on the Gamma Wall and BL4. Correct.
[00:29:39.13] - Speaker 2
Yeah. And you can see this liquidity now that's sitting here after that fact. Those you know just know that there will probably be stops under here too. Now fuel. So when market turns back around it's going to probably go and look for those buyers if they're still there. Right there's fuel. And those you can't see because those are market orders. Market orders are aggressors. So they're not going to show up on the books. These are actually still limit orders down here. But from the history it'll allow you visually visualization to recall that point and go okay, if I'm thinking like a market maker, if I'm short here now and I'm going to go for mean reversion and I want that 50 points back, you know who's on the hook, who's the guy that's like I'm going after who I'm gonna kill. And if you're thinking like that it's gonna be these guys over here, you're gonna kill them. So I'm always kind of trying to think like getting after somebody, you know, like a big bank who do I want? They do it with these sweeps. You guys see they have the money, they can do it real fast, you know.
[00:30:43.26] - Speaker 2
And I wouldn't even just my own personal thing, I. I wouldn't. I would suspect a possible breakout of hero eventually today. And then it's gonna. Because just after watching this so much that's what it just tells me. But what else I was gonna tell you guys about the one question now.
[00:31:03.14] - Speaker 3
So when we are now on this setup and we see there's the BR1 one day max and GEX 4 do you would be taking no financial advice, only education. This is now a good point to taking a short because we have the big red line also there, so to say. Okay, on this area I would place the short and take my stop loss near one day max. BR1. Would this be a good one if we read Bookmap correctly or is this telling us a completely different story? It's.
[00:31:38.05] - Speaker 2
It's possible. Again subject to plan like you said, right. Like you saw like this market turn here in front of this liquidity. From my experience that's why usually when I'm going up that way like this could be some profit takers. That's what I'm doing. That's what one of the things I front run a lot of these targets because over time that happens to me too many times and I give profits back and I don't like doing that. So that's all front run stuff. Now once we get over here and break and take these guys out and fuel the stop runs here from these prior guys and it's going to hit here. I'm looking for fast reaction and I'm going to take the risk and get in. But when we're at these kind of highs too. This is a good question you brought up Patrick because you know you hit these all time highs and then it's like then what are we now looking for? You know like on a regular chart you're looking to the left, there's nothing there. You know. And one thing that you could. I know some people are creative with fibs and stuff and we'll try to find extensions and things and stuff.
[00:32:38.14] - Speaker 2
But look here what we have another GEX level. And look by coincidence there's liquidity there, there's 111 contracts. So it's just another way to say if we have a breakout here where I can like take like a max pain behind these guys or then re enter or if I'm. If my financial. Let me do it if I want to cost average trade. I don't condone that to anyone maybe once a day. But you can scale that in there off that GE10 and also with all.
[00:33:10.28] - Speaker 3
Your numbers what you're showing us. So you're getting an idea. If we going through the 21-640-then-all these guys have some problems here because be taking it out. So say covering and we're getting the reaction so we're getting the bigger candles and, and with all this information. So what we have, if you're looking to the left side and then with the bigger picture what you say okay, zoom out and you have an idea of what is sitting around there. So you're getting an idea how powerful this could be. So when we're speaking about risk reward, this is a really good risk reward. Think about, we were speaking about timing. This is now the right time to going into the market. Okay, check, check the news, check. What is, what is what's going on in the market? Is there unfair speaker? I don't know, whatever. But then we're speaking about locations. And then with Bookmap be getting a really good overview about the trading location. Be getting more information what's going on in the liquidity, who is there, what location we are now. And then. Okay, is this your A plus setup? If yes. Okay, take it.
[00:34:19.04] - Speaker 3
And I think in this case this is a really good combination because we were seeing the gags for the one day min. The BL level. So and, and many people liking this to. To shorting when we touching one day min. Because Fabio, maybe you can share later how powerful our One day min and one day max indicator are. But people struggling with very often with this to say, okay, where I place my, my stop loss, where I place my, my taking profits when I should be going into the market. Is this a good place to going into the market? But with all the data and I think there's a really good solution if you want and if you be ready to learn. If you think like, okay, this is easy, I see only the numbers and I place my orders. This will not working. So you have to observing, you have to learning and you have to understand first and then you can take advantage of this. But in this, in this combination, I think this could be work very good.
[00:35:22.19] - Speaker 2
Yeah, it's a good system. It's a good like all together again, we're using factual data, factual data from the option market, factual data on the order books, combining it into a thesis. And then you just anticipate it and, and you participate and that's it. And you know, you know where your risk should be. Everything from there is here, you know, and we all battle with it. But once you get that part down and some people don't have that problem with that with their head, they can, they're doing well and they're just using this information, you know, it was a good one.
[00:35:55.21] - Speaker 3
So if we, if we would follow this, if we follow the red line, we see that it was not breaking out there. We have a booth, the one they makes. We have the gags, we have the BL taking down the, the, the short placing maybe the stop loss below the red line or below the bl. If we be in profit, we can save our position saving some profits. We can trail this without any losing. So yeah, it could be a really good, good option.
[00:36:24.24] - Speaker 2
That's right. That's right. Yep. And, and again, I always have to zoom out because my noise, my head is already noisy. So I'll just zoom out. I'm looking here. I love the integrations that you guys are doing because especially in this last couple of weeks, what you guys just integrating all over the place because, you know, I use different platforms and tools. I gotta step back and look at everything. And then I come in and I'm attacking. I'm like a ninja in here. I'm fighting in here and I'm trying to think like who I'm gonna take out, you know, who I'm. Look at what they're doing here. You know, for exactly what I said earlier, to have held that, for anticipating that, hey, we're gonna break it. I would have given that all back. What am I gonna do? Yeah, I don't like trailing. I like again to go from one place to another. And sometimes I have to use discretion by look using order flow too. It helps you use discretion. You see it enough times. There's an old saying one of my mentors told me how many times you're getting sick of you know getting.
[00:37:25.23] - Speaker 2
Getting bit by this. That dog and stuff hopping over the same fence. And I've hopped over the same fence so many times and this kind of helps you remember like I don't like getting that same bite. You know, that's it.
[00:37:40.05] - Speaker 3
And look at the opportunity. So now we we have the level 20, 21, 6, 10. So we can easily say okay if we want go long there so we can place our our stop below the Gamma Wall and BL4 we're risking like I say 13 points, 14 points. But we have the opportunity maybe to go along to the one day max or one day to the BL or to the 21 640. So it's a good risk reward. And with this tool we're getting ideas. So it doesn't mean that we have to execute this. It's mean only we're getting ideas. If this is they're now the right time in the right setup. Okay, we get it. We take it. So I think this can be answer questions what what people asking where we often hey how we can trade the levels. I think this could be one of the answer. So okay, look into the market liquidity. What is telling you the market liquidity? What was the reactions zoom out where we are and we have something to risk and we and which parties we can take out. And I think this is a really cool one.
[00:38:47.15] - Speaker 2
Yep. And right now market's rotating really nice.
[00:38:53.13] - Speaker 1
Yeah yeah yeah. And maybe like Peter, you can show again how easy it is to integrate because I think that that's the the key part.
[00:39:03.01] - Speaker 2
Awesome. Yes sir. So let's say I want to add. You know I've been looking at this. Yes. I was talking to you guys about bitcoin. I'm real. I'm getting really interested in bitcoin futures because you guys now have the IBIT and there's some tremendous opportunities there. But say I want to add another market here like let's say rty. So I'm going to go to the. I'm going to add the instrument and rhythmic coding is all the same across the board on every platform. So I'm going to subscribe to that. Now we have this question always comes up at bookmap because I am in support in their discord too. So what will happen is they'll say these are common things and we're always there to help. Usually when you go to a new chart, you know, people feel they got to start everything all over again. You don't really have to. You can just right click anywhere and inherit your chart settings from another ticker that you already had. So say I just want to inherit everything from nq. It's just going to make everything like NQ for me and it's going to bring all those indicators and everything over.
[00:40:10.12] - Speaker 2
One second here.
[00:40:11.23] - Speaker 1
Can you show like how you did that? Because this is very, very useful.
[00:40:16.10] - Speaker 2
How I just did that, how I added the RTY inherited. Let me unsubscribe. So I want to add rty. Let me take off this Apple too. I'll bring it back up if I have to. If anybody has questions about stocks, I'm not typically stock trader, but I have the product, the feed, the data feed here to, to show you guys anything you need with that. And those levels are amazing. I was looking at Apple yesterday. So basically you're going to subscribe to each instrument one by one with BookMap by adding here you're going to click the plus and then you're going to add the ticker in the exchange. In the right data feed you can add historical data with us too. And I have ability now to do that. So usually when you turn book map on guys, if you don't have have it turned on the night before, a few hours before pre market, the one way you'll be able to get it is by adding a historical data feed. And it's in the add ons. It's a few bucks and it's totally worth it because you can go back up to 48 hours and see the whole thing if you had your terminal off, coming back from a couple days off or whatever.
[00:41:17.07] - Speaker 2
So once I add that it gives me just a whatever. A lot of times they'll give me a basic template. If you right click anywhere up here in the platform and you go to chart settings and you go to Inheritance, you can inherit it from whatever template you already have saved on another instrument. So I want to inherit my charts to integrate everything identical and mirror nq. So now I'm set up, it'll migrate my same column settings and everything and essentially too it should migrate my price lines so I don't have to use the API again. Now sometimes. There you go. So it's all in here, see All I got to do now is just update levels. Boom, I get my time stamp, I'm confirmed. I have all my prior day, end of day rty. And there's my levels.
[00:42:09.02] - Speaker 1
Yeah.
[00:42:12.01] - Speaker 2
It'S really, really nice, really easy to use. And now look, look what just we see here. This is point of control. It's moved down obviously on the rty. Here's a gx. It broke over the point of control. And you know, I don't know, I'm just making this up. I haven't looked at RTY today. I'm just saying if you're short, you're probably doing a good job. At this moment. You have your midline, you have your point of control. Shifting down, these are all auction market, you know, kind of concepts intraday and right up to that point of control, check that price. Gex 5. Sayonara. If you're a scalper, you know, you made a few points. I don't, you know, I gotta find targets. Are we gonna end up here? Look, we have GEX1. I don't have any liquidity down here screaming at me, but it's something. Yeah, but that's how easy it is to add any instrument. If I wanted to add app. Tesla, let's go look at Tesla. You guys want to look at Tesla?
[00:43:18.09] - Speaker 1
Yeah.
[00:43:18.28] - Speaker 2
Everybody's still here with me. I know, I put people to sleep sometimes. Tesla. Sorry, what did I do?
[00:43:35.03] - Speaker 1
And before we go into Tesla, actually there's a question. So right. Related. So the question is, did you bring RTY levels on NQ level or NQ levels on the RTY chart? So the answer is no. The API basically would bring the RTY level. So what you did, Peter, is really basically mirroring the chart. So you are basically putting the price sign onto the new chart and you are getting the latest level from the API. So you're not putting NQ levels on rty, you're actually getting the RTY level coming from our, our data, our data center.
[00:44:12.03] - Speaker 2
Yeah, all I'm doing that way is I'm not having to go and like put the price line again and then grab the API and do it this way. I'm just making it real quick this way. Occasionally if it's not there, you can go into any other instrument, just copy. That's why, you know, you'd go into copy, you know, into the price lines indicator. Go down here to Mentor Q integration and just hit copy API. And then you can quickly go in and put it in another one that you're building from scratch. If you're not using the feature I said about inheriting charts. Okay, now that we did that, let's go in here. And I got to do update. And it's good to always do this, especially remember on stocks. Right. Because you guys are updating this. Look at that, 11:45. So we got updated levels here from just this minute.
[00:45:04.21] - Speaker 1
Yeah, right.
[00:45:06.02] - Speaker 2
Okay. All right.
[00:45:08.14] - Speaker 3
You bet. You're using end of the day. So on stocks indices and ETFs, so you can use also intraday levels. So you can switch from end of the day to intraday. So that's our new future.
[00:45:21.00] - Speaker 2
Let's do that.
[00:45:21.18] - Speaker 3
You have not to do end of the day, so only intraday.
[00:45:26.18] - Speaker 2
Ah, okay, cool. So if I select this, then it'll just update. So boom, there we go. So now I'm gonna add. Because I. I'm gonna add some historical.
[00:45:43.22] - Speaker 3
And is the historical what you was saving or is this from the.
[00:45:48.13] - Speaker 2
It's on the cloud from. From the data provider. Don't know what I'm doing. By. By the way, guys, I just added the stocks data for demonstration because I don't trade stocks. So I'm trying, it's trying to now go and pull all this data. I am on a video game laptop with four externals. So there's, you know, I'm not on a. I think I'm on a super machine sometimes. But right now I think I'm at full capacity. So. So let's just zoom kind of to what's going on here. You see the levels here? And they match a lot of this liquidity. So you have GEX 2 call Gamma Wall. I apologize. This will take some time. Let me remove some things here. No, I want to keep that move this guy. So you see how we're bouncing off this like 24, 000 something share, 26, 000 shares back into the point of control. Some of these guys, I don't know, they trade stocks for what, a dollar a day? They're happy. But you look, of course you're happy.
[00:47:07.06] - Speaker 3
With a $1 if you have 20, 26,000 shares. That's it. So this is why you put big. I'm too poor. Come on.
[00:47:16.22] - Speaker 2
I'm too poor.
[00:47:17.25] - Speaker 3
I gotta.
[00:47:18.13] - Speaker 2
I trade future with leverage. I'm too poor to do these. I'm leveraged like everybody. Most of us. Yeah. So this, this was a clean kind of trade. You know, you got a gamma call walls dodte boom. Recheck the weak money cyanara back down in liquidity 373. You got 26. 000 contracts here. They didn't fill them, they just left them hanging. I mean this is just. You guys can't make this up. This is clean. One day I'll be a stock trader when I retire, you know, and, and this goes on and on and on, guys. You can add this on any stocks and you know, and you can look at your crypto from here. I was just with Rob the Trader. I see Rob here. What's up Rob? You know, we were looking at this. I said, Rob, we might be able to have some opportunity here in Bookmap. By the way, there's a tool that eliminates a lot of this noise and it's called Trader Map Pro. It is an add on but everybody gets to look at Trader Map Light I think is included at least for the ES and nq. And you see all this stuff as algos.
[00:48:27.14] - Speaker 2
So then we looked at Trader Map Light and we said, we said let's eliminate some of that. So we got his Algo Bot remove bot remover here. It's a feature that our developers made to try to remove these guys. Look at this noise. Okay. This is like NASDAQ's cousin. And so, you know, look at this. You know, they, they add, they pull whatever. You could see them. And so I, I haven't optimized this thing yet, but this thing removes a lot of that noise and then you can just add your levels. And I think if I'm not mistaken, I'm still researching with this, guys. I don't know if this is going to integrate. There we go. There we go. Beautiful.
[00:49:15.19] - Speaker 1
Nice.
[00:49:16.02] - Speaker 2
All right.
[00:49:18.25] - Speaker 1
All right. Yeah, it's very, very.
[00:49:20.07] - Speaker 2
There we go. We broke bl. What was once resistance becomes support. The classic, classic saying. What was once resistance become support. Come down, check, fill in more orders and off we go. 101200 to 101900. It's a pretty good P L. Pretty good P L?
[00:49:42.16] - Speaker 1
Yeah.
[00:49:43.19] - Speaker 2
And up to GEX 4 I'm. I'm looking to probably start trading micro Bitcoin because I can't trade Apple. Look at that. How beautiful. I don't have to figure it out.
[00:49:57.00] - Speaker 3
How looks the trade. The Trade Map Light. So the light version from the Pro version.
[00:50:02.23] - Speaker 2
So Trader Map Light is something that's included with all the platforms. It'll it. Here's what happens too and why our developers are always ahead of the game, always ahead of these guys. You see the SMP 500. This has been a common problem for us for months over at Bookmat. This guy, whoever he is, he came into. I'll be, I'll be quick about it. He came in this market in the summer and this Guy puts like 300, 400 contracts around the price. And he's been there and has never left. And he comes every day. He, she, whatever institute. And what it does is again, BookMap technology is built around relativity. The heat map is built around relativity. So if you put this kind of contracts in front of under me and above me, I can't see the rest of the small guys. I can't see the other guys because you're eliminating my. You're messing the visualization. You know what you're probably doing. I personally think these guys are gaming us because we're getting smarter as retail traders because I don't know what they're, you know, they're never here to get filled. So what clever thing that bookmap did, they said we're gonna develop a filter around them.
[00:51:11.21] - Speaker 2
So to. So now we have Trader Map Light. You guys could all. Whoever has Book Map can try this out. And now it's eliminated and got rid of those guys so we now we can see more real participants. And let me add here, this is the Es. And my seniors at all the top notch guys at Book Map said hey, this guy used to come once, one, one day a summer for like a decade. And it was normal where they come for like a week. But that algo band is here like to stay. So look at the difference, you know when we look at what they're doing to us there. And so by using that we're. We're filtering out some of that unneeded noise so we can see clearly. Liquidity and then see. And then obviously our GEX levels.
[00:52:06.02] - Speaker 1
Okay.
[00:52:06.21] - Speaker 2
So we're seeing true participation. We're eliminating that. This guy, this guy is just distorting.
[00:52:13.20] - Speaker 3
Again back to this way it was before. Yeah, and, and now. No, no, a little bit down. Look at this. On the high wall. 0dt how much noise there is below the high volt Zodt. Amazing.
[00:52:27.27] - Speaker 2
Look at this guy. All of that volume. Look. Now here's the cool thing again with bookmap. Look how many stacked in and what time. This is what I'm talking about.
[00:52:39.12] - Speaker 1
You.
[00:52:39.27] - Speaker 2
You know, if I'm sitting here at a book, how am I going to remember or how do I know if I just went to go get a coffee or something real quick lunch. This is at 10:30. These guys came in at 10:30 on the dot or you know, if you want to be precise again, look how we keep track of time at Bookmap 10, 24.4, 4.48. This is advanced, you know, nanosecond and stuff. They came in, then they weren't here earlier, they weren't here. That's when they came in. Once they got their positions on or whatever, they're like, all right, whatever their intention is, that's what you see there. That's right, Patrick. And it's right under coincidentally those lines.
[00:53:19.27] - Speaker 3
Oh, Sherry, I can say no because Friday is capital preservation. So Friday you will not see me there. Maybe Monday.
[00:53:35.08] - Speaker 2
Yeah, so we, you know another scenario here, guys. We went down, did 391 stops on the SMP right into GEX 2. And earlier on there was icebergs buying here. These are icebergs. Now. Icebergs are passive. I will say I don't use them much anymore because it was it. We don't know their intention. They, they could be playing for the three day auction game. Just because they place an order there doesn't mean they're not going to get ran over. And we don't know if they'll ever get out their intention. We don't know. They're big money. They have different intentions. And I don't take it as a trigger in case some of you guys that are watching that are new that are wondering. I thought the same thing three years ago and I kept losing. Like, yeah, it's not a trigger indicator saying by now there's like 1400 icebergs here. But again, what I appreciate about the technology that Bookmap's given us using MBO and it lines up with Mentor Q's amazing technology, it also breaks down how many orders those could have been. As you come in, it aggregates, it zoom out. It aggregates 1581 over 22.
[00:54:38.11] - Speaker 2
Like it was 22 participants equaling 1581 Buybergs. You can't make that up. But we came out here, took off the stops GEX2. And again, if you're a scalper, guys, you're up four points. Some people just do four points, you know, with a lot of contracts.
[00:54:56.16] - Speaker 3
And also Peter, I think we should not forget but I'm not so comfortable with Bookmap at the moment. But let's stay there. Don't move the mouse, please. Go, go again a little bit down. So if you want trade the gags too and, and you won't take the, the long there. So you can now taking your risk reward calculation. You see the lines below, you see 60, 89. You see on 60, 87. There's something I will go into a little bit down, go a little bit more to the downside and then I would say okay, my stop loss should be 60 87. So this means okay, risk reward. Is this now a good risk reward? If I would be targeting some other stuff. So to become notch stopped out directly I had to give my. My trade some breathing so that I can say okay, it's. It's good enough. I make only a little tiny position. I can breathe. Maybe I trade on micros and then let it run. But my stop it should be there. And this is something really cool. What I like it doesn't mean that we have to stop out as we have to use the full risk.
[00:56:08.05] - Speaker 3
But for really good risk reward calculation, I would say this is a really good information.
[00:56:16.13] - Speaker 1
Amazing.
[00:56:19.21] - Speaker 3
Wow.
[00:56:21.09] - Speaker 1
Thank you. Thank you, Peter. This is really amazing.
[00:56:26.17] - Speaker 2
Oh, it's my pleasure. Put it over here. I did something stupid, wanted to make it.
[00:56:35.19] - Speaker 3
I do this every day.
[00:56:38.13] - Speaker 2
I just. I can't believe I just did that.
[00:56:43.19] - Speaker 1
Nice. All right, let's see if we get more questions from the team.
[00:56:48.09] - Speaker 2
Yeah, any questions?
[00:56:53.14] - Speaker 1
Let's see. We had one question from Rajesh. Can you please show your sweep, liquidity, market and absorption settings in the others for NQ and yes.
[00:57:15.01] - Speaker 2
Could I show my liquidity and settings and absorption settings? Rajas, if you want you can message me. You can find me even in Mentor Q. I could give it to you later, but what I normally do, I keep it simple, guys. I used to try to optimize everything. So let's hear real quick. You're talking about the absorption. I keep everything on on automatic. I let the algo and the developers at Bookmap give me information. If I start optimizing too much, it's overkill for me. I don't do it. I just stick with whatever is automated because there's algos in here that are adapting and doing what they need to do per instrument. So I keep it on automatic mode. You always want to start on what the developers gave you first and stick with what they gave you for a reason.
[00:57:57.16] - Speaker 1
Yeah, that's good. And basically let's go into. We have a couple of questions about what version of bookmap do you need to use this? I will ask the developer, but I think as long as you have the price lines so you need to have a version that allows to have price lines in in the add on, then you will be able to use the integration. So. And another question is, does your API update levels interlay? Yes, absolutely. So let's go back while you look for that information. Let's go back here. So in order to get access to the integration with Bookmap, you need obviously a premium subscription to our service. And then once you log into your account you will have access to the integration tab right here within Bookmap you have access to the integration guide, which is this one. And this will show you exactly how to get set up. This will give you the link to the Priceline add on that is needed with also the coupon code that you guys can use that will give you the discount for us. You also have the contact of the team that developed the integration.
[00:59:14.29] - Speaker 1
So if you have any issues basically using the Priceline or getting set up, they can support you. We have all the material to support you guys. And then you can click on the link and you can access Priceline right here. And then once you have that set up, as Peter said and showed, the add on will be there in your settings and all you need to get is read the API key from your account dashboard and then the data will flow into the integration and it can go into stocks, ETFs, indices and futures. Obviously you need to have the data feed set up for those. So if you are, if you're trading stocks, as Peter mentioned, you probably need the DX feed. If you are trading futures, then you, you need a version of feed that will give you access to the futures data. But then you know, once you have that, I think Peter, maybe if you want to go back into the integration and show how easy it is to, to get the data, basically you can just go in the price line add on and then you have the API section and then you'll be able to just.
[01:00:18.22] - Speaker 2
Yeah. Again guys, I just confirmed the pro. Sorry Fabio. Excuse me. The, the price line is available on any of the softwares. So you know, you sign up, you get your, you get your integration API from, from Mentor queue. When you come into the dashboard, you just add that add on and the Priceline is available on any of the features. Yeah, and then it's just real easy to set up once you have this in your add ons. It's very easy. You know, it's just, I mean there's not much to do in here other than your visualization. Everybody's different. Like I said earlier, I'm kind of blind. I need this. Bigger letters. I like them like that. So that's it. The main thing here, you put it in your API, putting it. Keep your stuff by default, everything's just set up perfectly again. Here for you guys. And update your levels. And you're done. I got this back up early a second ago. I accidentally removed it. You saw that Patrick. You noticed.
[01:01:18.08] - Speaker 1
Anyway, yeah.
[01:01:20.15] - Speaker 2
So there we go. It's real, it's real simple, guys. And we're all here to help you. I've been the mentor Q room too as Trader Pete. So if you have any issues, anything, it's. There's nothing complicated. Very, very simple. And once you save your workspace, always make sure in bookmap2 or like in any of your platforms, just save your workspace and it's all saved in there. You don't have to keep re getting the API key. It's built in, it stays inside.
[01:01:47.17] - Speaker 1
Yeah, yeah, yeah. So thank you, thank you for that and I think this was great. Like for me, obviously I haven't used bookmap extensively, but I can see the real value. The real value with it. Yeah, absolutely.
[01:02:05.23] - Speaker 2
Yeah, yeah. There's some stuff we just get used to and we can't, we can't do without anymore. You know, you're going to stay in this business. We have to change. I have to adapt. And a lot of this stuff, just like your guys, is this option flow. It's. I can't, I don't, I can't make a sound decision anymore. Without it I feel like blind.
[01:02:24.27] - Speaker 1
Yeah.
[01:02:25.08] - Speaker 2
You know, going into something kind of blind. I mean I can use my old auction principles, but still this is confirming. It's, it's confirming with me, it's talking to me, it's telling because it's factual data. You know, this data analytics. Like I know you guys come from such, your background being in, you know, providing this information to big, big places and firms like we retailers weren't able to get this stuff back then. We didn't have these, you know, I.
[01:02:55.03] - Speaker 1
Think obviously similar to what we do, obviously the success of this tool is that you're simplifying very complex data because look at our volume changes so fast and by looking at, you know, clear picture on a chart is much easier to read. So which is great. And then any other. Yeah, we have a question that I can answer from Tastic. Can you show us the difference between scalping. I can answer that. Is scalping and gamma levels. So essentially if you go into the bookmap integration, so the bookmark guide, you're gonna see the difference here. So essentially just to explain the gamma scalping and gamma models. So the gamma levels are the ones that you guys are getting every day on trading view. Gamma scalping is A different model that has more JAX level within a shorter range and is really good for scalpers who are looking to get like a few points so that you have more like support and resistance levels. So while the gamma levels are aiming to obviously give you the the largest kind of like jacks levels that can have you know, significant reaction, the gamma scalping also provides you like more like the jack's level within a shorter range so that you can basically get a level of support and resistance if you are a scalper trying to get like maybe 10 points on NQ or 5 points on yes or something like that.
[01:04:24.23] - Speaker 1
Yeah.
[01:04:29.08] - Speaker 3
And I think let's like what we're doing with every live session. Fabio, maybe look quick in your message and then go to the member success area and let's show us how the members was performed today with our levels, with our new integrations I think it could be really good.
[01:04:51.18] - Speaker 1
Yeah, yeah. And if you join was doing a.
[01:04:56.25] - Speaker 3
Really good job trade Pete, you were speaking about the bitcoin how you can use this Very great, good observation. I like it. And yeah John again you was nail it. And also above this we get also some, some new ones.
[01:05:17.04] - Speaker 2
He took my stops.
[01:05:19.11] - Speaker 3
Yeah. Oliver, a new one who was joining us. He's a new fresh subscriber since 15 days so he was making also really nice profits with us and maybe Fabio, let me show some other stuff what people writing over us in the worldwide web.
[01:05:42.06] - Speaker 1
Oh yeah, sure.
[01:05:45.29] - Speaker 3
All right, maybe I should share this and I think I was reading this yesterday and I like this. So so everyone knows Benzinga every day trader knows Benzinga and Benzinga was speaking about the best options trading tools and as you can read best for data driven models is mentor Q.
[01:06:16.01] - Speaker 2
All right.
[01:06:17.05] - Speaker 3
Yeah. So amazing job from us. We are the best data driven models mentor queue and if you click on it, why we are we're speaking also about some other competitors why Mentor Q is much better than the competitors and you can read also the mentor queue review in detail from Bensinga. I think that's a really good job from us.
[01:06:47.03] - Speaker 2
Hell yeah. Awesome. Congrats.
[01:06:51.03] - Speaker 3
I think we was doing something really great.
[01:06:53.29] - Speaker 2
That's right.
[01:06:55.18] - Speaker 3
And yeah so also thank you for all customers. Yeah, yeah. So yeah we was doing a great job together. I tell everyone it's a team work.
[01:07:06.12] - Speaker 2
Yeah.
[01:07:07.13] - Speaker 3
Together as a team. We our job as mentor Q is to giving you the best words as possible and and your job as customer is to make the best with this and, and you you're saying this every day. If you're posting the Member success. Yeah.
[01:07:25.14] - Speaker 1
So I think, I think Patrick, we did it. We are at 3,000 subscribers on YouTube.
[01:07:31.12] - Speaker 3
So let's go. What is the 30%?
[01:07:38.17] - Speaker 1
20.
[01:07:40.06] - Speaker 3
20 on which?
[01:07:44.26] - Speaker 1
All of them? Yeah, all of them.
[01:07:47.04] - Speaker 3
20 on pro. Let's go champs. Yes.
[01:07:54.00] - Speaker 1
Yeah. Thanks for supporting us and again like we're gonna do a lot of more live sessions. I think we're gonna do a lot more on bookmap for sure. I think there's a lot of opportunities. And Pete, thank you again for your time. You know this is great and you've joined us really recently but I think you really added a lot of value and obviously showing how those two applications can connect and can can work really well together I think is really great.
[01:08:25.25] - Speaker 2
It's always my pleasure guys. We all help each other and the tools you offer. Thank you too. It's amazing guys. If you're, you're not here and you're watching this video later and you're new like really, really go and check it out. Add it as a like a. It's an integral force into your trading. Like you gotta understand options levels and, and if the information is doing they're dominating this business and you know people think hey I'll figure it out by using like my old tools is your old tools. You know I don't want to cross criticized but you gotta, you gotta, you gotta change with ever changing market and, and you know mq these guys are doing something not only like delivering an amazing product but really competitively too. Like I mean when you look at the relativity of cost of this business to what you can make out of it like there's no other business that has such an overhead, you know that pays so well. The cost is nothing when you look at it like that's what I'm saying. It's just.
[01:09:29.28] - Speaker 1
Yeah. And I think it's important to have an open mind on how technology is changing faster than before. And obviously when I was a Bloomberg bookmap did not exist. I mean we would never come across something like this or like even the options data was there but was not as relevant. Right. So being able to adapt and use that level of insights even as a retail trader is very key. And obviously now kind of like the data is accessible and everybody can leverage it at their own, you know other benefits, you know to obviously be more successful for sure.
[01:10:09.20] - Speaker 3
And again think about what's the best data driven. We'll have the best for data driven models based on bensinga Mentor Q so if you want sign up for us if you want take advantage of the best data driven tool out there. So take the advantage for the seven day trial and join us and, yeah, take advantage of this.
[01:10:37.07] - Speaker 1
Let's go again. Thank you, guys, and thank you, Pete, for your time. Happy Friday to everyone. Like we are. We're back in discord next week. And next week we're gonna have some other live session. And then obviously, slowly, slowly, we're gonna get to the Christmas break. But we are gonna have some really good surprises coming for, for you guys over the next couple of weeks.
[01:11:04.07] - Speaker 3
Amazing. All right.
[01:11:09.05] - Speaker 1
Bye.
[01:11:09.16] - Speaker 3
Bye.
[01:11:10.14] - Speaker 2
All right, guys, take care now. Have a good weekend. Thank you. All right.