TRO FX HEATMAP
Posted: Sat Apr 26, 2008 6:22 pm
TRO FX HEATMAP
MT4 VERSION
mladen posted a heatmap based on:
Currency Heat Map
That gave me the idea to make a FX DASHBOARD to show the "heat" across the time frames.
MT4 files attached.
UPDATE 2008.04.29
I added the use.close input.
If use.close is TRUE (DEFAULT) then previous close is used in the calculations.
If use.close is FALSE then previous midpoint is used in the calculations.
If price is below the previous midpoint then SELLERS are in control.
If price is above the previous midpoint then BUYERS are in control.
The HEAT should reflect this.
Updated code attached.
MT4 VERSION
mladen posted a heatmap based on:
Currency Heat Map
That gave me the idea to make a FX DASHBOARD to show the "heat" across the time frames.
MT4 files attached.
UPDATE 2008.04.29
I added the use.close input.
If use.close is TRUE (DEFAULT) then previous close is used in the calculations.
If use.close is FALSE then previous midpoint is used in the calculations.
If price is below the previous midpoint then SELLERS are in control.
If price is above the previous midpoint then BUYERS are in control.
The HEAT should reflect this.
Updated code attached.