Bookmap Icebergs Indicator (Hidden Orders!!)

[@gauravagarwal2900]

Could you please tell me what bare minimum dxfeed data feed subscription i should buy to get indicators such as pulse, absorption and icebergs? I trade only in stocks. Thanks in advance

[@bullishbearstrading]

For trading stocks in Bookmap and accessing indicators like Pulse, Absorption, etc you’ll need the DXFeed subscription for equities data. However, to see iceberg orders, you’ll need Rithmic, as DXFeed doesn’t provide that level of order flow data. If you’re unsure which subscription fits your needs, feel free to reach out to Bookmap support-they can help guide you through the setup!

[@YazeedH-w5z]

What is the best setting for the iceberg based on your experience?

[@bullishbearstrading]

I find that Icebergs on ES of 20+ but I see the strongest reactions to 200+ iceberg orders. Still backtesting/forward testing with NQ, doesn’t seem to respect icebergs the way ES does.

[@jonjuarez8412]

So an ICEBERG can be bullish or bearish?

[@bullishbearstrading]

Yes. If it’s an iceberg above current price it’s a Seller. If it’s below current price it’s a Buyer