It lets you spot strong and weak currencies in real-time & how strong they are in relation to one another. This trading tool can help choose trading strategies, find opportunities and trade with confidence. The heat map panel identifies profitable real-time entry signals across all 9 major currency pairs. This signal system is easy to read and each trade entry has a high probability of success. The system can be used for trading with the major trends and also day trading.
Heat-Map provided by TradingView
Why Use a Forex Heat Map?
The cTrader Forex Heat Map has large volumes of pricing data flowing through the readings in real-time, but the heatmap can be scanned visually in about 15 seconds and updates continuously. This indicator will show the trader the true potential of 28 pairs as opposed to scalping one or two pairs with inefficient technical indicators. one of the best forex indicators is the forex market itself, and the heatmap reflects this simple concept.
How is the % Calculated?
The percentages on the heatmap are based on price movement, an example of the EURUSD trading at 0.5000, 50 pips of movement is 1.00%.
To open a widget in a popup window just click on the link below and start using it with any trading platform.
We also provide web-based financial widgets to assist you with your trading.
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