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TIL Candle Volume Heatmap for MT4

149 USD

Démo téléchargée: 17

Publié: 12 juin 2022

Version actuelle: 1.0

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TIL Candle Volume Heatmap for MT4

Indicateurs
Viktor Macariola
Version: 1.0
Activations: 20

Trading Indicator Lab’s Candle Volume Heatmap for MT4 merges volume with price by applying gradient-colored dots on the bars. It can also detect bars that have the most volume and the least volume.

Gradient Coloring

When applied to a chart, the Candle Volume Heatmap indicator applies colored dots to each bar which may vary according to its volume. The chart becomes a heatmap where you can easily spot which parts of the bar history are “hottest” or the bars that had the greatest number of volume and the “coldest” or ones that had the least volume. The indicator uses colors that transitions from BLUE to RED where shades closer to blue are “cold” (low volume) and those that are more in the shade of red are considered “hot” (high volume).

Blue candlesticks – has low volume
Red candlesticks – has high volume

High and Low Volume Bars

In addition to colored dots, the Candle Volume Heatmap indicator also marks candlesticks that have the lowest and highest volume within a certain length. Low and high-volume bars are marked as follows:

Low volume candlesticks are marked with a hollow circle above them signifying a very low volume.
High volume candlesticks are marked with a large solid circle above them signifying a very high volume. These candlesticks along with others that have red-colored dots are the ones that should be monitored most.

Uses

Identifying low and high-volume bars can be useful in determining whether there is weight or “force” behind the price action that occurs in each bar. High volume bars can be used to validate candlestick reversal patterns and confirm breakouts in support and resistance levels.

Alerts

Alerts are triggered when the Activate Alerts input is enabled in the indicator options. It monitors the following events:

High/Low Volume

High volume – when the candlestick reaches the highest volume among the given Length of bars; alerts from this condition can be triggered by forming candlesticks that have the highest volume signal (a solid red circle)
Low volume – when the candlestick reaches the lowest volume among the given Length of bars; alerts from this condition must be triggered by a confirmed/closed candlestick with the lowest volume signal (a hollow blue circle)

Inputs

Length – sets the number of bars the indicator analyzes at each execution.
Look Back – sets how far back in the bar history the indicator should calculate for signals
Display Highest Lowest Only – if true, the indicator displays signals for the High volume and Low volume candlesticks only
Display Under Candles – if true, the indicator displays the dots at the bottom of the candlesticks
Activate Alerts – allows the indicator to send alert messages on certain events
Activate Send Notifications – allows the indicator to send alert messages to the user’s mobile device if push notifications are configured in the MT4 terminal

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Trade Invest Pro - Boss in the world of cryptocurrency! This indicator is ideal for cryptocurrency trading! Work on Trade Invest Pro took us half a year! But not in vain! Now only accurate signals near support - resistance levels! He showed himself well on timeframes m5 m15 for binary options! Optionally, it can be configured for forex for timeframes m30 and more! Reacts well to news! Doesn't paint! and does not disappear from the schedule! As soon as a red arrow appears, open a deal fo

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As the name implies, TIL Daily OHLC is a simple, straightforward yet effective tool to keep track of yesterday’s last Open, High, Low and Close prices. Any experienced trader knows the importance of these price levels – they are often used to navigate and predict the current day’s trend and price action as strong support and resistance. When applied to a chart, the indicator shows 4 plots that projects the 4 price levels from the previous day to the next one. Each price level is color coded and

FREE

TIL Multi RSI indicator applies RSI to 28 currency pairs all at once and displays the most current signal of each one in a two-column list. The currency pairs involved are the combinations of the eight major currencies (USD, EUR, GBP, CHF, JPY, CAD, AUD, and NZD). All the currency pairs are sorted automatically from the one with the highest signal down to the one with the lowest signal in a two-column list starting from the top left to the bottom right. Just a quick recap on what the Relative St

97 USD

TIL New Bar Timer executes one simple yet very powerful task - it displays the time left before a new bar forms in any timeframe. With this indicator, you can effectively prepare to enter or exit trades in most occasions, as TIMING IS EVERYTHING. TIL New Bar Timer also changes color gradually as the timer ticks down to zero. This helps the user to estimate quickly how much time there is left in one glance. There are basically three colors that the timer changes to: Red - this means that a new ba

30 USD

Pivot Point is a technical indicator widely used by traders to predict major price movements by calculating various levels of support and resistance. Investopedia defines the pivot point as follows: A technical analysis indicator used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to indicate ongo

97 USD

TIL Currency Performance Meter is an intuitive technical indicator for quantifying and visualizing the current momentum and relative strength of the eight major currencies, namely: USD, EUR, GBP, CHF, JPY, CAD, AUD, and NZD, on all timeframes. This is achieved by calculating and consolidating the price percent changes of 28 currency pairs from a certain point in time. The indicator generates a chart wherein each currency is represented by a color-coordinated bar that either shoots up or drops do

97 USD

The Doji candlestick pattern is characterized by one that has its open and close prices nearly (if not exactly) equal and resembles the shape of a cross. It is often regarded as a sign of indecision and is especially significant if seen in a down trend or up trend, which potentially signals that sellers or buyers are losing conviction. The TIL Doji Price Action finds and marks all Doji candlestick patterns and intelligent approximations thereof. In addition, it predicts the direction of price wi

97 USD

The TIL Timeframe Overlay indicator is the perfect tool for multiple timeframe analysis . It does the simple yet powerful task of overlaying a candlestick chart of a different timeframe over another allowing you to see the BIGGER picture and see the underlying TREND amid the noise and volatile price action. Please see the screenshots below for examples. Features: It works in ALL timeframe. It works in ANY instrument/symbol. Displays ENTIRE candlesticks (body and wick) of other timeframes includi

97 USD

Fibonacci retracement is one of the most reliable and used technical analysis tools for trading. It uses the so called “golden ratio” to predict certain levels of support (price movement reverses from downward to upward) and resistance (price movement reverses from upward to downward) which is a mathematical pattern seen through out nature and even the universe. Because so many traders make use of this trading strategy and watch these price levels, more often than not the Fibonacci levels become

97 USD

Trading Indicator Lab’s Trend Navigator for MT4 is an indicator that can help you reveal the underlying trends in any chart on any timeframe. Determining Trends It only takes a minute or two to analyze the indicator with its simple yet insightful methods of representing bullish, bearish and ranging price action across the chart. It forms a single line that runs in 3 directions: Upward direction – represents a significant bullish price action Horizontal direction – represents ranging price action

197 USD

Trading Indicator Lab's Volume by Price is a volume-based indicator for MT4 that reveals price levels with the most and least volume for each bar within a given period. How It Works You can think of the indicator as a running volume profile that displays the most voluminous price level and the price level that has the least volume. For each bar, the indicator calculates the volume vertically in the price axis. As this is calculated, the indicator creates 2 signals: (1) a large red dot which repr

149 USD

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