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Coral Heatmap

Coral Heatmap is a currency strength meter based on the ATR values for the selected timeframe.  There are two main view modes:

  • All Currencies (default) - see the ranked strength of all currencies in a single view
  • Selected Currency - see the relative strength of all other currencies compared to a selected currency

You can optionally display the timeframe selection toolbar; timeframe is always synchronized to the current chart timeframe.  Use keyboard shortcuts to quickly navigate currencies (up/down arrows) or timeframes (left/right arrows).

With a single currency selected, you can optionally display the % ATR values for every other currency.  Values are calculated as the % ATR for the selected timeframe, and are scaled to fit the meter's dimensions.  There is also an option to adjust the shift (the timeframe toolbar must be displayed), so you can see how relative strength changes over time.

NOTE: The indicator will not display values correctly in the strategy tester.  You can try the demo to explore configuration options, but the displayed data will not accurately reflect the data being tested.

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D Armond Lee Speers
Coral Rescue will help save an account with trades in drawdown.  Do you have losing trades that are just too large to deal with?  They reduce your available margin and can be accumulating swap costs, but the loss would be too great to just accept closing the trades.  Just hoping that price will eventually come back is not an effective strategy, you need a disciplined, consistent and preferably automatic way to dig yourself out of the hole. Coral Rescue is not an EA that places trades on its own.
Chart Logic
D Armond Lee Speers
Chart Logic is here!  Chart automation for MT4: put your Ideas into Actions! Chart Logic is an EA for MT4 that lets you automate actions on your charts.  You define "conditions" and 'actions"; when all the conditions are true, then all the actions are triggered.  Conditions can refer to a wide range of observations, about account information, candle data, technical indicators, key levels, price, time, market data, trades and so on.  And actions can send alerts/notifications, open/close/modify t
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Version 1.2 2023.09.19
A maintenance update to pick up bug fixes and updates in some core library code. Also located some places where WARN messages were being sent for invalid objects to the chart; this version should be a little more polite about not cluttering up your log with error messages.
Version 1.1 2022.02.05
Version 1.1
- BUG: Shift number not updated in the display when changing the shift