OPEN-SOURCE SCRIPT

Volume Heatmap 2024 | NXT2017 Christmas Edition

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Hi big players around the world,

I wish you a merry christmas time.

Today I have a nice present for you: a new volume heatmap indicator for free using!


HISTORY

My first volume heatmap project got a lot of feedback and a big demand. You can find it here:
VolumeHeatmap | Experimental Version of Marketorders Matrix


In this time pinescript version 4 was the newest one and I worked the first time with arrays.

Today we have pinescript version 5 and some new features. This is why I tried again with matrix function and the results are better than I expected.


HOW IT WORKS

The indicator calculates similar like the volume profile. It looks back and every volume where the close price is on the same row area, the volume will cumulated. How much rows the new chart view is showing, you can choose manually.

The mind behind this is to find high volume levels, where high volume catch the price in a range or get function as support/resistance line.

PICTURES
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I hope it helps for your trading. You are welcome to give some comments.

Merry christmas and best regards

NXT2017

Note di rilascio
updated some translation
chartanalysisheatmapnewchartVolume IndicatorvolumeanalysisvolumedeltavolumeheatmapVolume Profilevolumeprofileanalysis

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?


🐺 Wolfe Wave AutoPattern: nxt2017.com/ww
🎯 Elliott Wave Auto Counting: nxt2017.com/ew
💥 Impulse Scalper: nxt2017.com/im
📈 Cheapest Entry: nxt2017.com/pi

Discount Coupon:
nxtcoupon20 for -20%
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