Heatmap Indicators for TradingView

Heatmap indicators in the TradingView platform organize data into a color-mapped chart, with each section representing the intensity of relative changes of a symbol or group of symbols. Inputs can include the closing price, percentage change, volume, or the output of other indicators. Raw values are first normalized and then color-coded on a cool-to-warm spectrum to differentiate movement range and relative strength. In the free versions of this oscillator released by Trading Finder, analysis range, color range, data source, and symbol list are defined through inputs, and inter-symbol data is aligned by calling external series. Noise control is performed using rolling windowing and weighted averaging on volume or liquidity; for unequal scales, time standardization and candle alignment are necessary. Adding statistical layers such as standard deviation, percentile rank, or moving averages allows for the extraction of hidden patterns. With real-time updates, the heatmap reflects structural changes and provides a multi-layered view of the relative status of symbols.