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
Mladen, why did we needed mslinedraw font?
if (UseMSLineDrawFont) FontToUse = "MS LIneDraw";
aha, thank you - in case if "Terminal'' (or other MT4 fonts) could act weird (not display correctly- different builts,updates, whatever reason) - use MSLineDrawFont to ensure correct display
Mladen thank for your great work, may be you can make heat map into histogram.
thnx alot mladen for this great work!
may God bless u & yur life!
great thnx again to mladen,
from my understanding, the purpose of this indicator is to find the strongest/weakest situation of particular currency based on the timeframe given.
for example, how would you interpret signals - practically use HeatMap?
hi fxbs, im also new to this,
im only use weekly guide & watch which currency have all the red/green color (weak/strong)...only for guide...but to enter the market i use my own system.
for example when USD row is all red, thats mean USD is the weakest among all currency. Then find which row that have almost green color (strongest)....thats the best pair to trade...the principle behind that is buy the strongest & sell the weakest among all.
or find any cross currency again that weakest row...for example here, if USD row is all red, then we can pay attention to any USD based currency to trade (eur/usd, usd/jpy, aud/usd etc <-- the 1st approach is better than this)
sorry for my bad english...for better understanding, u can go to the site.
Currency Heat Map
thanks cp6 and mladen for making this thing happen!
Thanks a stack.
mladen, thank you very much... great indicator.