Best Liquidity Analysis Software for Futures Trading
Bookmap is the most widely recommended liquidity analysis software, especially for futures trading, because its depth of market heatmap lets you see where liquidity sits and how it moves. Sierra Chart and ATAS are also strong options, with one user calling ATAS the best all-around tool after trying multiple platforms. For liquidity analysis, you want software that provides a depth of market heatmap and footprint charts. Bookmap specializes in heatmap visualization, while Sierra Chart offers highly customizable footprint charts through its Numbers Bars feature. ATAS combines both with a user-friendly interface and comprehensive order flow analysis. These tools require Level 2 data to work, which can cost $150 to $500 per month if bought directly from a data provider. With a funded account through a trading provider, that cost can drop to under $50 per month.
