The Heatmap indicator allows you to display a “heat map” for all symbols selected in the market overview window. This version of the indicator shows the percentage change in the price relative to the last closing price of the day, which makes it easier to analyze the market.
This tool will help you determine how strong the currency is in relation to all other pairs. This is a visual tool, it can’t be used inside the Expert Advisors. In this sense, it is more a tool for discretionary traders, rather than for those who prefer automatic trading. Unfortunately, it is not possible to use this tool in automated trading.
The Heatmap indicator contains several settings:
The maximum allowed number of characters is 200. If the market overview window contains more than 200 characters, only the first 200 of them will be displayed. Please note that you need enough memory and CPU power of your computer to display a large number of characters at the same time.
Please contact me if you have any questions, comments or suggestions. Have a good trade!