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how does heat map work ?
Mar 25, 2018 at 06:50
2,049 การดู
16 Replies
เป็นสมาชิกตั้งแต่ Mar 13, 2018
13 โพสต์
Mar 28, 2018 at 11:53
I have the same problem. Just looks like a mess to me
Jun 27, 2018 at 06:32
Heat maps are great because they can show you which pares are trending in a direction more strongly then others.
Few ways you can use the heat map.
1) Is there a pair that DARK Green or Red on the larger time frame? that means its trended strongly lately for a longer period of time. If the lower time frame is changing colors in the other direction, you can use that to look for pullbacks or even large reversals.
2) larger timeframe starting to lightly change colors in a direction making a possible new trend? Is the lower timeframe starting to match the new larger trend? Signal to pull that chart up and look for trend continuation trades.
Hope that helps.
Few ways you can use the heat map.
1) Is there a pair that DARK Green or Red on the larger time frame? that means its trended strongly lately for a longer period of time. If the lower time frame is changing colors in the other direction, you can use that to look for pullbacks or even large reversals.
2) larger timeframe starting to lightly change colors in a direction making a possible new trend? Is the lower timeframe starting to match the new larger trend? Signal to pull that chart up and look for trend continuation trades.
Hope that helps.
Jul 12, 2018 at 14:32
Another very useful feature of this site as a novice trader is the value per pip calculator and the margin calculator : https://www.myfxbook.com/forex-calculators/pip-calculator
Accept the loss as experience
เป็นสมาชิกตั้งแต่ Jun 28, 2018
10 โพสต์
Jul 13, 2018 at 07:35
Does anyone use a heat map in their trading strategy ? If so , how?
เป็นสมาชิกตั้งแต่ Aug 05, 2019
49 โพสต์
Sep 27, 2019 at 06:55
Heat map is not a trading system nor an indicator. It doesn’t tell you when to buy or sell. It simply provides accurate information about what market participants are doing. Bookmap’s heat maps may allow you to eliminate this problem. This can lead to a more profitable trading business.
Mar 26, 2020 at 07:27
jaredtaylor posted:
Heat map is not a trading system nor an indicator. It doesn’t tell you when to buy or sell. It simply provides accurate information about what market participants are doing. Bookmap’s heat maps may allow you to eliminate this problem. This can lead to a more profitable trading business.
Good explanation. Thanks!
เป็นสมาชิกตั้งแต่ Jul 23, 2020
696 โพสต์
Oct 07, 2021 at 15:29
The heat map is a kind of currency strength indicator.
เป็นสมาชิกตั้งแต่ Jul 23, 2020
816 โพสต์
Oct 07, 2021 at 20:33
I also agree. It gives just simple information about the market.
เป็นสมาชิกตั้งแต่ Oct 10, 2021
3 โพสต์
Oct 10, 2021 at 01:31
Heatmaps collect data from websites. The dark-to-light scale indicates which areas of the page are more clicked or which content is more attention grabbing.
เป็นสมาชิกตั้งแต่ Jun 14, 2021
51 โพสต์
Oct 16, 2021 at 07:29
Heatmap works by using colors to highlight different factors. They are generally used with candlestick charts, which show the daily or weekly price movements. It is a simple and effective visual aid for traders to see how price moves and where an asset's high and low points are.
เป็นสมาชิกตั้งแต่ Aug 17, 2021
87 โพสต์
Oct 16, 2021 at 17:23
Heatmap works by collecting the data from a web page. It uses a dark-to-light color scale to display which content of the web page is clicked more or which area gets more attention. For example, the area where viewer clicks the most gets a dark color and light color where the viewer gives no attention.
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