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The Heatmap indicator permits you to display a “heat map” for all symbols selected in the industry overview window. This version of the indicator shows the percentage change in cost relative to the final closing price of the day, that makes it easier to analyze the marketplace.
This tool can help you determine how strong the money really is against all other pairs. This is a visual tool, it can’ be used indoors expert advisors. In this way, it’s more of an instrument for discretionary traders, rather than if you prefer automated trading. unfortunately, it is not possible to use this tool in automated trading.
The Heatmap indicator contains several settings:
Maximum allowed number of characters = 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.
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An excellent indicator for intraday trading, all of the tools are in a glance, the only thing that is missing is sorting through liquidity, so that they are shown not in dissimilarity however since they rise or fall.