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TRO FX HEATMAP

Posted: Sat Apr 26, 2008 6:22 pm
by TheRumpledOne
TRO FX HEATMAP

MT4 VERSION

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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.

Posted: Sat Apr 26, 2008 9:07 pm
by TheRumpledOne
_TRO_Multi_Meter_HEAT

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I wrote multi meter version of the HEAT MAP.

Posted: Mon Apr 28, 2008 3:48 pm
by TheRumpledOne
TRO MULTI METER TREND


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Simple trend indicator.

Posted: Mon Apr 28, 2008 3:51 pm
by TheRumpledOne
TRO TRENDMAP

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Shows the TREND for multiple currencies on multiple timeframes.

TRO TRENDMAP is sent to people who have made a donation to my PayPal account.

Posted: Thu Feb 26, 2009 10:45 am
by capricorn1
Hi

I like your heatmap indicator. I wonder if it would be possible to get the data presented in a different way, where the aggregate strength of each currency is shown as a set of indicators? For example, you could add up all the USD heats in a line and present the total strength of the USD. You could then have a single strength for the other major pairs.

Another concept I would like to see how the history of strength of each currency has changed over time. A nice example of this is over at http://www.tradetime.ca/purchase_the_forexgrail.html.

What do you think?

Posted: Thu Feb 26, 2009 11:40 am
by TheRumpledOne
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That's already been done.

Posted: Thu Feb 26, 2009 12:11 pm
by capricorn1
that is awesome - what is it called?

Posted: Thu Feb 26, 2009 9:26 pm
by TheRumpledOne
capricorn1 wrote:that is awesome - what is it called?


It's called CC

Posted: Tue Mar 03, 2009 7:35 am
by Dracozny
there are other variants as well, over at forexfactory there is KG RSI which calculates the RSI value for each currency

Heat Map

Posted: Sat Mar 07, 2009 1:37 pm
by pdmoney44
Is there a version for Tradestation for this?