Market / MetaTrader 4 / Indicators /

Heatmap Scanner

FREE

Published: 19 February 2016

Current version: 1.1

Heatmap Scanner

Indicators
Niravkumar Maganbhai Patel
Niravkumar Maganbhai Patel
India

11235
4.6 (51)
9 products 5 comments
Version: 1.1
Updated: 7 January 2020

This indicator helps you to scan all symbols which are in the Market Watch window and filter out a trend with alerts.

It works on five most effective indicators which are used by most of traders for trading:

Moving Average
Average Directional Moment (ADX)
Relative Strength Index (RSI)
Parabolic SAR
MACD

It calculates two bars for scanning.

When box colour changes to coral or royal blue colour, it indicates you for trend change for long and short entry. And also you will get alert on screen. When it changes to royal blue, it indicates you that trend is going upwards, and you can take long entry. If the colour changes to coral, it indicates that trend is going downwards, and you can take a short entry.

You can apply it on any timeframe. For better result, go for M15 minutes to D1 timeframe.

This indicator allows you to set parameter for each indicator while you applying.

It scans symbols on that parameters by applying on single chart. It helps to filter out symbol for trading.

Also, it shows the current rates with percentage changes.

After applying this, you will find block on chart displaying symbol trend.

Royal blue colour shows the trend is up for that symbol.
Coral colour shows the trend is down for that symbol.
Gray means a trend is consolidating.

To open particular symbol chart, you can click on Symbol Name, and the new chart will open.

more...

3471

John Winsome Munar 2022.06.20 15:07 #

Helpful, good indicator

1389

fabbry72 2017.03.25 03:22 #

Good indicator.

Simple but very useful.

524

163007 Hailey 2016.03.04 19:56 #

Excellent indicator to find trades to research.

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This indicator helps you to Scan symbols which are in the Market Watch Window and filter out trends with alerts. It works based on the effective indicator "SUPERTREND" which is used by many traders for trading: When box color changes to " Green " or " Red " color, it indicates you for trend change for long and short entry. And also you will get alerted on screen. When it changes to " Green ", it indicates you that trend is going upwards, and you can take the long entry. If the color changes to

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STOCHASTIC Dashboard Panel This indicator helps you to scan symbols which are in the Market Watch window and filter out a trend according to STOCHASTIC . In technical analysis of securities trading, the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr. George Lane developed this indicator in the late 1950s.[1] The term stochastic refers to the point of a current price in relation to its price range over a period of time.[2] This method attempts to pre

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We are an analytics company that believe in solving complicated problems with simple solutions using data. To minimize the complexities of trading, we have created a range of trading advisory products from the essence of our proprietary STAR System to enhance trading aptitude and to guide users into becoming proficient traders. Our innovative products capitalizes on 3 core functions – Big Data, Artificial Intelligence, and Technical Expertise and it is with this core, we reshape the world o

699 USD

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3219

patrickdrew 2024.02.21 12:21 #

5/5 for an innovative and fresh approach on an old problem. I will update in a few days to let you know how it performs. Thanks to author.

Sadly there is no real entry and exit strategy... I was hoping exit on opposite signal but this does not work.

Otherwise a great tool to indicate a POSSIBLE trend...

3471

John Winsome Munar 2022.06.20 15:07 #

Helpful, good indicator

1025

Jaldip Ramani 2018.12.06 15:13 #

User didn't leave any comment to the rating

5763

Tim Eubanks 2018.02.27 19:13 #

Indicator not worth 200.00, no internal adjustment possible!

11909

Gennadiy Voltornist 2017.11.04 19:43 #

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benkovic43 2017.04.25 16:43 #

User didn't leave any comment to the rating

1389

fabbry72 2017.03.25 03:22 #

Good indicator.

Simple but very useful.

30051

Maksym Mudrakov 2016.08.30 19:40 #

User didn't leave any comment to the rating

524

163007 Hailey 2016.03.04 19:56 #

Excellent indicator to find trades to research.

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Niravkumar Maganbhai Patel