Hi
Is it possible to integrate order books of micro and mini futures just like Cryptos?
Both of them refer to same underlying onlt difference is contract size. This will help to look at overall liquidity at one place. Currently, I have to refer to both of them in two different screens?
Thanks
Order Book integration of Micro and Mini
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- Joined: Thu Aug 03, 2023 6:06 pm
Re: Order Book integration of Micro and Mini
Hi. It is possible to do with Multibook Customizer https://bookmap.com/knowledgebase/docs/Addons-Multibook
Re: Order Book integration of Micro and Mini
Yes, the latest version of Multibook Customizer allows setting contract factors. This means that Micro and Mini contracts can be combined by setting the Mini's contract factor to the appropriate value (e.g. 10) so that the Mini's order sizes are expressed in terms of Micro's sizes.
So if you're combining ES (where contract unit is $50 x S&P 500 Index) and MES (where contract unit is $5 x S&P 500 Index), you would set the contract factor of ES to 10 (within Multibook Customizer's configuration), since you want each single ES contract to get displayed as 10x the original amount, before it gets combined with MES. This contract factor applies both to order book and trades (volume dots).
Does this make sense?
So if you're combining ES (where contract unit is $50 x S&P 500 Index) and MES (where contract unit is $5 x S&P 500 Index), you would set the contract factor of ES to 10 (within Multibook Customizer's configuration), since you want each single ES contract to get displayed as 10x the original amount, before it gets combined with MES. This contract factor applies both to order book and trades (volume dots).
Does this make sense?