So I’m obviously new to trading. I’ve working on the demo thing for about three months and I’ve opened a live account. I trade mainly during the day on Tuesday to Thursday. I’m most of my trades are in the positive. I would say about 65 percent.
I picked up the HEAT Map indicator TRO_Heat but can’t figure out how to utilize it. It uses green (up) and red (down) arrows to indicate movements in the market under 5 time frames ( hr, 4hr, daily, wk, month). Each time frame is given a factor of twenty percent. When they are all up the pair is at 100 percent. When they are all down the pair is at 0.
How can I better utilize this indicator in my trading.
I haven’t used this indicator…
but based on your description I would say that the closer to 0 the stronger the sell signal and the closer to 100 the stronger the buy signal
I do not have the answer you seek, but I know where you may find it:
TRO…are the initials of the creator of this particular indicator…TheRumpledOne.
Those in power have had him banned from this forum however you may still find him at kreslik.com.
with a knowledge born of neccessity, a true hackers mentality and a desire to come to the truth, i might suggest either that site so artfully mentioned by shane, or simply YELLING very loudly on his thread to send you an email — there is SOMETHING in the back of my mind that allows he will hear you !