Heat Map - indicator for MetaTrader 4.
The purpose of this indicator is to highlight the price zones that had the most activity : the hotest zones.
The indicator shows a gradiant of zones colored in red.
It goes from bright Red 'coldest' to Dark Red 'hottest'. THE DARKER THE HOTTER.
HMPeriod : the number of bars included in the count.
Scale : the size of each zone.
NbZone : the number of zones (rectangles) to create.
If all you get is a blue rectangle then check the availibility of history data for the period you've set, or just change the period.
Major bug fixed. If you downloaded this indicator before July 24 2010 then please redownload it. Now it should work with all timeframes.
Currency heat map.
CP6 directed me to a site with something like this on their web page, and asked if it can be made as indicator. Well, here it is (changed their approach )
PS : if you, by chance, get a display like on the lower displayed indicator, download and install the MS LineDraw font in the attachment and check "UseMSLineDraw" to true.
PPS: added a version that can recognize any broker prefix or suffix (the "any" version) It needs the "allow dll imports" enabled in order to work correctly.
CP6 directed me to a site with something like this on their web page, and asked if it can be made as indicator. Well, here it is (changed their approach ) PS : if you, by chance, get a display like on the lower displayed indicator, download and install the MS LineDraw font in the attachment and check "UseMSLineDraw" to true.
and how to install the "MSLineDraw"
How To Install or Remove a Font in Windows.
thank you. and how to install the "MSLineDraw"
Nice Work mladen very impressive.
start/control panel/fonts and /install new font.
find your saved font file (unzipped MSLineDraw) and hit it!
and btw, Mladen, - super!
Very impressive indicator indeed! This is just the kind of stuff that actually helps in trading! Thanks a lot!
What is your method of deciding if a move is "strong up" "up" etc?
start/control panel/fonts and /install new font find your saved font file (unzipped MSLineDraw) and hit it!
Their definition of "heat" is (I changed the colors in the default settings and a way symbol pairs are constructed - this way you can see relative strengths in both directions) :
strong up : current close is above prior bar high.
weak up : current close is above prior close but less than or equal to prior bar high.
no move : current close is equal to prior bar close.
weak down : current close is less than prior bar close but greater than or equal prior bar low.
strong down : current close is less than previous bar low.
Very impressive indicator indeed! This is just the kind of stuff that actually helps in trading! Thanks a lot! What is your method of deciding if a move is "strong up" "up" etc?
Nice work, I think someone was trying to sell something like this before your posting.
Currency Strength Heatmap Table.
See where your currency ranks against other currencies traded against it.
This table shows the percentage change in price of various currencies and metals against each other. Data is collected daily at 4:00pm Eastern time for relevant pairs traded on the OANDA fxTrade platform.
Blue swatches show those currencies or metals that have fallen lower in value against the base currency over the time period chosen. Red swatches show those currencies or metals that have gained in value against the base currency over the time period chosen. A white swatch indicates minimal movement. The lighter the color, the smaller the movement against the other currency; the darker the color, the greater the movement. The color gradations are shown in the heatmap value indicator below the heatmap.
The heatmap can be viewed in 2 modes, Classic and Sorted:
Classic Heatmap.
To read the table, find the currency/metal you're interested in along the top of the table. The colored swatches in its column indicate how it has fared against each of the currencies/metals on the left.
Sorted Heatmap.
The colored swatches in each column indicate how the currency or metal in the bar at the center of the table ("the base currency") has fared against other currencies or metals traded against it. The swatches in each column are sorted based on percentage change against the base currency. Note that by default only tradable currency pairs are shown in this heatmap. To see the change stats for non-tradable pairs as well select the corresponding checkbox above the heatmap.
How to change what you see in this table.
To change the time period of the study, select a new start date in the Change from field. The percentage changes shown will be from that start date to the current date.
To show particular currencies, select their checkboxes. (Deselect to hide them.)
To see all majors, exotics, or commodities, click their headings. (Click again to hide them.)
To clear all selections and try again, click on "Clear Selection".
This is for general information purposes only - Examples shown are for illustrative purposes and may not reflect current prices from OANDA. It is not investment advice or an inducement to trade. Past history is not an indication of future performance.
© 1996 - 2017 OANDA Corporation. All rights reserved. "OANDA", "fxTrade" and OANDA's "fx" family of trademarks are owned by OANDA Corporation. All other trademarks appearing on this Website are the property of their respective owners.
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks. Refer to our legal section here.
Financial spread betting is only available to OANDA Europe Ltd customers who reside in the UK or Republic of Ireland. CFDs, MT4 hedging capabilities and leverage ratios exceeding 50:1 are not available to US residents. The information on this site is not directed at residents of countries where its distribution, or use by any person, would be contrary to local law or regulation.
OANDA Corporation is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association. No: 0325821. Please refer to the NFA's FOREX INVESTOR ALERT where appropriate.
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OANDA Europe Limited is a company registered in England number 7110087, and has its registered office at Floor 9a, Tower 42, 25 Old Broad St, London EC2N 1HQ. It is authorised and regulated by the Financial Conduct Authority, No: 542574.
OANDA Asia Pacific Pte Ltd (Co. Reg. No 200704926K) holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore and is also licenced by the International Enterprise Singapore.
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OANDA Japan Co., Ltd. First Type I Financial Instruments Business Director of the Kanto Local Financial Bureau (Kin-sho) No. 2137 Institute Financial Futures Association subscriber number 1571.
Currency Heat Map.
Download Currency Heat Map Forex Indicator for Metatrader free of charge. As what we have found, this RIS is on demand and this amazing indicator simply don’t require us to spend cash and that offer us a conclusion that it’s a free Foreign exchange indicator.
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