Heatmap 104

The Heatmap indicator

This Heatmap indicator allows you to display a "heatmap" of all symbols selected in the Market Watch. In this version it shows the percent price change in relation to the last daily close, what can give a quick overview of the market.

This is a tool to help traders identify how strong is a currency in relation to all other pairs. This is a visual tool, and cannot be used inside Expert Advisors. In this sense, it's more a tool for discretionary traders, instead of automated traders. So, for those interested in using this tool for automated trading, unfortunately this is not possible.


Settings

There are several settings to be customized in the heatmap indicator:

Setting Possible values Description
Hide chart ? True/False You can completely hide the chart or keep it as is. Chart will be restored when indicator is removed from chart.
Chart drawn in foreground ? True/False If previous setting is True, you can choose to display the chart in foreground (true) or background (false).
Auto arrange heatmap ? True/False If true, all sizing and arrangements are done automatically. Otherwise further settings must be selected.
Refresh time (milliseconds) >=1000 Data is refreshed every 5 seconds by default. Minimum value is 1,000 (1 second).
Up Color any Color Blue by default. This color is used to indicate the symbols with positive percent change.
Mid Color any Color White by default. This is the neutral color, used for symbols with no increase or decrease (0%).
Down Color any Color Red by default. The color is used to indicate negative percent change in price.
Space between panels (pixels) >=0 Space between 2 panels (symbols) of the heatmap.
Columns count (if not auto) >=1 Used only if "Auto arrange heatmap ?" is false. Indicates the column's count to be used to display the heatmap.
Dimension of a panel (pixels, if not auto) >=50 Used only if "Auto arrange heatmap ?" is false. Indicates the size of a symbol's panel on the heatmap.
Border width (pixels) >=0 Border size of a symbol's panel.
Border color any color Border color of a symbol's panel.
Text color (true for automated, false for manual) True/False Color used for text labels (symbol's name and percentage). True=automated, false=manual (see next parameter).
Text color for panel labels (if not auto) any color If previous setting is false, this color will be use for panel's text labels.
Text size (small, normal or big) enum Size of panel's labels (name and percentage).

Maximum allowed symbols is 200. If the Market Watch contains more than 200, only the first 200 will be displayed. Please note that you need sufficient resource (CPU, Memory) on your computer if you want to display a lot of symbols simultaneously.

Please contact me if you have any question, remark or suggestion. Good trading.

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The Propfolio Master Suite is the ultimate all-in-one analytical workstation for professional traders. Combining the power of the Beat The Market Maker (BTMM) methodology, Smart Money Concepts (SND/Liquidity), and Advanced Volume Profile, this suite replaces multiple different indicators with one optimized engine. Monitor up to 14 pairs simultaneously from a single chart, instantly identify market cycles, and seamlessly map institutional footprints with the click of a button. The Command Center
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The indicator accurately shows the reversal points and price return zones where the   Major players . You see where new trends are forming and make decisions with maximum precision, maintaining control over every trade. VERSION MT5     -     Reveals its maximum potential when combined with the   TREND LINES PRO   indicator What the indicator shows: Reversal structures and reversal levels with activation at the beginning of a new trend. Display of   TAKE PROFIT   and   STOP LOSS   levels with mi
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Trading Special – 40% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and c
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