Heatmap Indicators for MetaTrader 4

Heatmap indicators display market data in the form of a color-coded grid, where each cell represents the relative change of a symbol over a specified time frame. The data source in heatmap oscillators can be the closing price, percentage change, volume, or the output of other indicators. The processing algorithm normalizes the input values and assigns them to a spectrum of colors—warm colors typically representing bullish intensity and cool colors representing bearish intensity. The heatmap indicators available in Trading Finder allow setting the color scale range, selecting the calculation variable, and synchronizing the color grid across multiple timeframes. In MetaTrader 4, this indicator updates in real time and enables comparison of the behavior of multiple symbols in a single view. The ability to add analytical layers, such as daily rate differences or standard deviation of movements, makes the displayed image go beyond raw price changes and reflect detailed aspects of market movement structure.