Live XAUUSD – Bookmap Gold Live – 12-5-2023 – Forex Trading Live Stream
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The Cumulative Volume Delta (CVD) displays the cumulative volume changes based on the volume traded by sell aggressors versus buy aggressors.

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The Heatmap shows a graphical representation of liquidity in the current and historical order book.

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Liquidation Heatmap
– Estimated price levels predicting where liquidation events may occur

How do traders use this?

The heatmap allows traders to identify areas of high liquidity which can be helpful in a different ways:

Magnetic Zones:
A high concentration of potential liquidation levels at a specific price range may indicate that price might move toward that region. Some traders use these pockets of liquidation levels as a way to gauge which way price is more likely to head towards along with other indicators that may be used as confluence.

Support / Resistance Zones:
At high liquidation zones Bigger traders “whales” can easily to execute trades quickly and at a favorable price. Once they have entered or exited their orders in this liquidity and price can now reverse.

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Sweeps Indicator
– Sweeps is an on-chart indicator that shows and highlights areas with large volumes of trade over short time periods. Sweeps are the result of aggressor buyers’ or sellers’ activity at key levels.

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