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HeatMap MT4

HeatMap MT4 allows traders to see inside the charts.

This indicator plots congestion zones over a certain period of time, known as "Lookback", by analyzing thousand of variables simultaneously.

These spots act like strong supports and resistances and now are easy to see.

HeatMap MT4 works with all timeframes and all instruments.


Settings

  • Computations - define whether the algorithm works continuously or only at the opening of each candle (default: New Candle).
  • Lookback in Bars - define the period to analyze (in bars).
  • Volume Weighted ? - if set to 'true', volumes statistics are added to the analysis (default: 'false').
  • High Presence Color - set the color for the heavy congestion zones.
  • Medium Presence Color - set the color for the medium congestion zones.
  • Low Presence Color - set the color for the light congestion zones.
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El indicador de detección de tendencias complementará cualquier estrategia y también se puede utilizar como una herramienta independiente. Recomendaciones para trabajar con el indicador, las puedes descargar en el comentario #8 Ventajas Fácil de usar, no sobrecarga el gráfico con información innecesaria; Puede usarse como filtro para cualquier estrategia; Tiene niveles integrados de soporte y resistencia dinámicos, que se pueden usar tanto para obtener ganancias como para establecer límit
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Raymond Gilmour
4.64 (25)
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
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