In December, I added a heat map to the swing trade boat. Creating a heat map was forever in the list of things to do. It is not easy to use it instead of spending time to build myself when I know that there is a drop of Heatmap widget. This powerful tool is A Visual expression of market performanceIt helps you to quickly identify trends and opportunities in multiple sectors.
TradingView_heatmap.png218.67 KB
Heat map is A Color In the market, some stocks or sectors make it easy to get momentum or miss the lost momentum. Green shades show positive movements, red shades emphasize negative movements, and gray moves smaller than the threshold set in the “heat multiplier” control. In the toolbar of the widget.
Major functions of heat map widgets:
Customable time frame -You can switch between different time frames (eg:: Every day, weekly, monthly, even pre -market and pre -market) Analyzing short -term trend or long -term performance.
Sector and industry decomposition -Focus on a specific market sector to see which industry is leading or delayed. In the top of the sector group, click the name to enlarge to the sector.
Details by stock – Click on the stock to take to the Swingtradebot page. In the screenshot above, you can also take a mouse pointer on stock to get some information pop -ups, as shown in the AZO.
Filtering and customized -There are many things you can do to adjust the heat map as you want. It is recommended to play using all options on the toolbar at the top of the widget.
You can find widgets in two sites on the site.
I hope you will find that the heatmap is useful. In my opinion This is a good way to quickly feel the market’s work, especially the pre -market and patience.
