Trading Strategy: How to Read the Heatmap
This video focuses specifically on the heatmap — Bookmap’s signature visualization tool. Rather than covering all features, it zeroes in on how to interpret the heatmap for actionable trading setups.
What the Heatmap Shows
The heatmap displays the limit order book over time as a color-coded visualization. Brighter colors indicate more resting limit orders at that price level, while darker areas show thin liquidity.
Trading Setups Covered
- Liquidity Walls — large concentrations of limit orders that often act as support/resistance
- Fading Liquidity — orders being pulled before price arrives, signaling a potential trap
- Absorption at Key Levels — price hitting a wall and repeatedly failing to break through
- Breakout Confirmation — when liquidity thins out ahead of a level, signaling a likely break
Markets Demonstrated
The video includes examples from futures, equities, and cryptocurrency markets, showing that these heatmap patterns are universal across asset classes.
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