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forex real time heatmap


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  #1 (permalink)
bcsandy
CHENNAI
 
Posts: 81 since Sep 2020
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dears
where can i find the real time forex heatmap for my momentum trading setup entry ,which pair to select


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  #2 (permalink)
 
Mabi's Avatar
 Mabi 
sweden
 
Experience: Advanced
Platform: NinjaTrader,MetaTrader
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https://www.myfxbook.com/forex-market/heat-map


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  #3 (permalink)
OAlejandro314159
Las Vegas, Nevada
 
Posts: 16 since Jan 2021
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Mabi >>> that is cool >>> BUT

Do you know what they are using to measure the "red" and green etc....


If it is a LAGGING indicator >>> then that would make the SUPER SUPER RED COLORED FX instrument ABOUT TO STOP GOING DOWN AND START GOING UP.


I WOULD USE THAT HEAT MAP >>> BUT IN OPPOSITE DIRECTION.

I would look for when it is VERY VERY RED ....

Then wait for the instrument to stop going down and start scalping up with other system rules.



Because A LOT of these "HEAT MAPS" use a lagging indicator to show the "trend"



just my thoughts and take on it.


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