Looking for Heat Map indicator - page 3
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can you please explain how to use this indicator
thank you
i played around whit the indicator.
i added some rsi's of the same currency pair with different timeframes.
it looks really interesting:-)
(question: how can i get away these zeros...)
Are there any programming geniuses out there that can make the heat map indicator work on IBFX mini accounts? I can't get it to work.
Thank you
Hi lq_sunshine,
A question, so the stength indicator uses RSI to draw the bars? by the way excellent indicator!
Cheers.
Hi claypot,
thank you:-)
yes you are right its a normal RSI indicator.(see the picture), or did you mean the previous Indicator (post #3)?The other Indicator is based on moving averages. i will change it to RSI later.
@RickW00716 .i tested the indicator on a IBFX Demo-Acc and its working.
Thanks to the help of mladen we now have the fixed version of the indicator.
the zeros are gone and it should work with mini accounts.
When you add the indicator, you can type the desired symbol symbol or leave the currencypair field empty for the current symbol.
miniaccount users should add an "m" after the symbol.
Thanks to the help of mladen we now have the fixed version of the indicator.
the zeros are gone and it should work with mini accounts.
When you add the indicator, you can type the desired symbol symbol or leave the currencypair field empty for the current symbol.
miniaccount users should add an "m" after the symbol.Thank you very much...it is greatly appreciated
?
i went through the LeverageFX website beginning lessons and read: "Lesson 7b: Using Bank Buying and Selling to Predict Market Direction: This lesson adds onto Lesson 3a with a new Buy / Sell Analysis addition. Now you can sum up total buying/selling on every swing! Learn how to add this indicator and how to analyze the markets better than was ever possible before".
I found this indicator very interesting and i was wondering if it was feasible to make it into an MT4 indicator? You can find a video tutorial here, under the BUY/SELL(lesson 7b) tab.
Forex Video Training Course
heat map with ADX??
Hello lq_sunshine,
nice job!! Looks fine and helpful....
Is the RSI period flexible in your code? To put 14/20 etc?
Actually I think a good heat map would be using DMI/ADX.
When +DMI > -DMI and ADX<25 to be light green
If ADX>25 to be dark green
If all of them less than 25 then white (ranging)
The opposite one for the red colors.
Is it possible for you to do this as a new version in your first program?
I think ADX gives better picture for the trade than RSI.
For MTF and multipairs would be very very helpful.
I 'd be really appreciated for an ADX version :-)
Thanks