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Shailesh Mishra  
Please note that I do not know how the indicator will perform on strategy tester. It takes volume into account while doing the calculations. So please use a accurate volume history. Also it is recommended to use a ECN broker for live testing.
cam028  
LOOKS NOTHING LIKE THE PIC 
cam028  
cam028:
LOOKS NOTHING LIKE THE PIC 

PRICE STEADILY DROPPING BUT INDICATOR SHOWS STRONG BLUE COLOR

Dosyalar:
VOLUME.jpg  460 kb
Shailesh Mishra  
cam028:

PRICE STEADILY DROPPING BUT INDICATOR SHOWS STRONG BLUE COLOR

play around with settings and thickness of lines etc. Its looking like this in my chart. Else message me your settings.


NZDUSD

Shailesh Mishra  
cam028:

PRICE STEADILY DROPPING BUT INDICATOR SHOWS STRONG BLUE COLOR

Strong blue colour is because its the total reference volume. If you want to see the buy or sell activity, you need to select it from the inputs

Shailesh Mishra  
cam028:

PRICE STEADILY DROPPING BUT INDICATOR SHOWS STRONG BLUE COLOR


I would had gone short after the rally on decreasing volume. after some more analysis from looking at the buy n sell maps separately.

analysis

Shailesh Mishra  

audjpy


When all heatmap cpmponents are strong, it might be best to stay away as it indicates a volatile situation.
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