In this article you will learn how to set up the Menthor Q Bookmap Integration. You can now access Gamma Levels and Blind Spots Levels on the platform. You can now integrate the MenthorQ data into Bookmap directly via API.

What is Bookmap?

Bookmap is a cutting-edge trading platform that lets you visualize market liquidity and gain incredible insight into the order book.

Trade with confidence as you watch the market evolve in real-time at 40 frames per second. Identify market trends, discover hidden price patterns, and understand order flow like never before.

How to integrate MenthorQ Levels on Bookmap

To be able to integrate into Bookmap you will need to purchase the Price Lines Add-on from the Bookmap Market Place.

Bookmap Integration - Bookmap Price Lines
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Configure the Indicator on Bookmap

Step 1. Configure Price Lines. Once you have purchased Price Lines you need to configure and complete the installation. Add it to your chart under “Configure add-ons”.

Bookmap Integration - Pricelines
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Step 2. Customize General Settings. Within Price Lines you can customize the settings and how the levels will appear on the chart.

Bookmap Integration - priceline general settings
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Step 3. MenthorQ Integration Settings. Scroll down and click on the MenthorQ Integration to access the indicator settings.

Bookmap Integration - Bookmap Settings
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Step 4. API Key. From the Indicator Setting add the API Key. You can create your API Key from your MenthorQ Account Dashboard – Integrations – Bookmap.

Bookmap Integration - Bookmap API
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Step 5. Levels Frequency. Choose the Frequency of the Levels. We provide End of Day (EOD) Levels for Futures and Intraday Levels for Stocks, ETFs and Indices.

Bookmap Integration - Boomap Frequency
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Step 6. Choose the Levels. Customize the type of Levels and Models you want to add to your chart.

Within the indicator you can access Gamma Levels and Blind Spots Levels. You can click on the tick box to have Blind Spots or you can toggle it to be off if you don’t want to plot them.

For Gamma Levels we have 2 Models:

  • Gamma Levels. Those are the main MenthorQ Gamma Levels.
  • Gamma Scalping. This model allows you to access more gamma levels within a smallar range. Tailored for Futures Traders who are looking at tight areas for scalping.
Bookmap Integration - Gamma Model
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Step 7. Customize Levels and Colors. Within the Settings you can customize what levels you want to show.

Bookmap Integration - customize levels
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You can also customize the color of each levels.

Bookmap Integration - customize colors
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Step 8. Levels Conversion

Levels conversion helps traders overlay price levels from indices like SPX, QQQ, and NDX onto futures charts (ES, NQ, etc.). Since futures and spot prices differ, adjustments using a spread or ratio ensure accuracy. Futures prices trade at a spread or ratio to their respective indices. Without conversion, levels will be misaligned due to price differences.

The indicator support the Manual Ratio. You can learn about Levels Conversion here.

These are some of the common Levels Conversions:

  • SPX Gamma Levels to ES
  • SPY Gamma Levels to ES
  • QQQ Gamma Levels to NQ
  • NDX Gamma Levels to NQ
  • SPX Intraday Gamma Levels to ES
  • QQQ Intraday Gamma Levels to NQ
  • SPX Swing Trading Levels to ES
  • QQQ Swing Trading Levels to NQ
  • GLD Levels to GC
  • DIA Levels to YM
  • USO Levels to CL
  • NVDA and MAG7 Levels to QQQ
Bookmap Integration - Levels Conversion Bookmap
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