Fractals 5 Signal
Back to products
Infopanel Candle Sizes Spreads
MT4
Watch video
Click to enlarge

Heatmap Indicator

The Heatmap Forex Indicator is a useful tool for traders in the Foreign Exchange (Forex) market. The Heatmap Indicator shows the direction of the price movements of all currency pairs in the Forex market. It is a great tool for both novice and experienced traders.

Platform

Timeframe

Add to wishlist
0 People watching this product now!
Category:

Downloads - 72

Download now
Description

The Heatmap Indicator, a powerful and innovative tool designed for the MetaTrader 4 (MT4) platform, has emerged as a must-have addition to the arsenal of savvy traders.

Features of the Indicator

The Heatmap Indicator provides traders with a comprehensive and visually intuitive way to assess the strength of various currency pairs. By utilizing a color-coded system, the indicator displays the relative strength of each pair, with green representing the strongest and red indicating the weakest.

This makes it easy for traders to quickly identify the best buy and sell opportunities, as well as to monitor the overall market sentiment.

How the Indicator Can Benefit You

Incorporating the Heatmap Indicator into your trading strategy can give you a significant edge in the forex market. This powerful tool allows you to make more informed and data-driven decisions, whether you are a day trader, scalper, or swing trader.

By highlighting the strongest and weakest currency pairs, the Heatmap Indicator enables you to focus your attention on the most promising trading opportunities, improving your chances of successful buy and sell executions. Additionally, the customizable settings of the indicator allow you to tailor it to your specific trading style and preferences.

Indicator Settings

Indicator: Name of the indicator.

Xpos: X-axis position of the indicator.

Ypos: Y-axis position of the indicator.

Indicator Management: Indicator settings.

Selected timeframe: Chosen timeframe for the indicator.

Sort on value: Arrangement of currency pairs based on values.

0 = ASCEND 1 – DESCEND: Currency pair arrangement.

Conclusion

The Heatmap Indicator is a game-changing tool that can revolutionize the way you approach the forex market. With its ability to provide a clear and comprehensive visual representation of market strength, this indicator is a must-have for traders of all experience levels. Download the Heatmap Indicator for MT4 today and unlock a new level of trading success.

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “Heatmap Indicator”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5

How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

Related products

MT4
Quick view
Add to wishlist

RSI Heatmap

The RSI Heatmap indicator is a new and popular forex indicator available for free on MT4. It uses the Relative Strength Index (RSI) to display a heat map that shows the overbought and oversold areas of multiple currency pairs at the same time. The heat map is color coded, making it easy to see which pairs are strong or weak in real time. It helps you take the guesswork out of identifying the most profitable currency pairs to trade by providing real-time information that you can influence.
MT4
Quick view
Add to wishlist

Currency Power Meter

Forex trading made simple. Identify the strongest and weakest currencies with Currency Power Meter indicator. Buy the strongest and sell the weakest. Calculate daily currency power against any chart time frame. Download now to improve your forex trading performance.
MT4
Quick view
Add to wishlist

P4l Candletime

The P4L CandleTime indicator is a popular tool for forex traders and is available for free on the MT4 platform. The P4L CandleTime indicator works by tracking and displaying the open and close of candles and can be configured to display different time frames depending on the trader's preference. It is a simple and effective tool that both beginners and experienced traders can use to improve their trading strategies.
MT4
Quick view
Add to wishlist

Trading Volume

,
The Trading Volume Indicator is a useful, free Forex indicator for the popular MT4 platform. It is designed to help traders measure the volume of a currency pair in order to get an idea of the strength of the current trend. The indicator is easy to use and can be used to identify entry and exit points. The Trading Volume Indicator is a popular tool that can be used by traders to identify potential trading opportunities in the Forex market. It is a useful tool for both novice and experienced traders and is free to download and use.
MT4
Quick view
Add to wishlist

Trend DashBoard

,
The Trend Dashboard Indicator is a powerful MT4 tool for forex traders who want to keep track of multiple currency pairs and timeframes on one chart. The indicator uses a dashboard to display the trend direction and strength for different currency pairs and timeframes. It also includes an alert feature that can notify traders of potential trading opportunities. With this indicator, traders can save time and stay on top of market trends, allowing them to make informed trading decisions.
MT4
Quick view
Add to wishlist

ADR Indicator

Stop using same technical tools and analysis for all forex market conditions. Use the ADR – Average daily range to measure market volatility and apply best trading strategies according to market volatility. Download now and improve trading results.
MT4
Quick view
Add to wishlist

MA Trend

,
The MA Trend Indicator is a popular and free Forex indicator for the MT4 trading platform. It is a useful tool that helps traders identify the trend direction of a currency pair. The indicator plots two moving averages, one fast and one slow, to help identify the trend. When the fast moving average is above the slow moving average, it indicates an uptrend, and when the fast moving average is below the slow moving average, it indicates a downtrend. It is a great way to help traders identify the trend direction of a currency pair, which can help them make more profitable trades.
MT4
Quick view
Add to wishlist

Position Size Calculator

,
The Position Size Calculator indicator is a new and popular tool for forex traders that can be downloaded for free on the MT4 platform. This helps traders determine the correct position size for their trades based on the account balance, risk tolerance and the currency pair they are trading. The indicator takes into account the stop loss level, pip value and currency pair volatility to ensure that traders do not risk more than they can afford to lose. It is an essential tool for both beginners and experienced traders who want to effectively manage their risks and maximize their potential profits.