OPEN-SOURCE SCRIPT
Baz: Mcdx Heatmap
This indicator is to detect buying and selling momentum based on volume and price action with multiple timeframe mcdx.
Improve version of mcdx to let you see clearly real-time changes in 15mins, 30mins, 1h, 2h, 4h, 1D of the mcdx value.
Heatmap:
Green > Yellow > Orange > Red = Retailer shifting to banker
How it works?
The color subsides based on the resolution of chart, for example
We should focus on larger timeframe, which is >50 on the heatmap. Giving a clear signal that banker is still involved.
For value <50 on heatmap, you get faster signal without changing to smaller timeframe getting all the mcdx value, which save us a lot of time to look at bigger picture what is going on.
For example,
Lets check on each timeframe chart, starting from 15mins
For 15mins and 30min chart, mcdx is < 50
For 1H chart, mcdx is about 50
For 2H, 4H 1D, mcdx > 90
Improve version of mcdx to let you see clearly real-time changes in 15mins, 30mins, 1h, 2h, 4h, 1D of the mcdx value.
Heatmap:
Green > Yellow > Orange > Red = Retailer shifting to banker
How it works?
The color subsides based on the resolution of chart, for example
We should focus on larger timeframe, which is >50 on the heatmap. Giving a clear signal that banker is still involved.
For value <50 on heatmap, you get faster signal without changing to smaller timeframe getting all the mcdx value, which save us a lot of time to look at bigger picture what is going on.
For example,
Lets check on each timeframe chart, starting from 15mins
For 15mins and 30min chart, mcdx is < 50
For 1H chart, mcdx is about 50
For 2H, 4H 1D, mcdx > 90
Skrip sumber terbuka
Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.
Ingin menggunakan skrip ini pada carta?
Auto_kk
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.