TradingView heatmaps: from global trends to details
Comprehensive financial analysis begins with defining the scope of your analysis. During active trading, investors and traders use various tools to analyze heatmaps. Their goal is not just to filter assets by key parameters but also to visualize changes, highlight trends, and rapidly assess market dynamics.
On TradingView, you can access Stock Heatmap, ETF Heatmap, and Crypto Heatmap. All three have similar capabilities and allow for quick identification of trends and market shifts.
CONTENTS:
- What are heatmaps
- How to access heatmaps
- How to use heatmaps
- Viewing modes
- Additional features
- Heatmaps and screeners
What are heatmaps
Heatmaps are visualization tools that help you identify leaders, laggards, and trends based on two key factors:
- Cell size: Reflects the relative weight of an asset, i.e. its importance based on key metrics (such as market cap, turnover, and assets under management)
- Cell color: Shows performance dynamics according to the chosen analytical parameter (price change, performance, volatility, and others)
How to access heatmaps
From any TradingView page, hover over the "Products" dropdown → "Screener" and select the Heatmap you need.
How to use heatmaps
Select available market data
- Stocks: An index or an entire country
- ETFs: Countries whose funds will be displayed
- Cryptocurrencies: All coins / excluding Bitcoin / excluding stablecoins / DeFi
Configure cell size
The size determines the relative area of a tile. The larger the area, the higher the value of the selected metric. This helps to quickly assess the “weight” and compare assets against each other.
Available size parameters:
Configure cell color
The color reflects asset dynamics: growth/decline, performance, volatility, and other parameters. Brightness and shades help quickly identify leaders and laggards.
Available color parameters:
Grouping factor
The relationship between grouping factor sizes also depends on the size parameter you chose.
Stocks are grouped by sector.
ETFs are organized by the asset class.
For the Crypto Heatmap, all coins are displayed at the same level.
When you click on the name of a group (sector, asset class), a detailed heatmap of that group opens with the included symbols. Your chosen size and color settings are automatically applied.
Here’s an example of how to identify what moves the S&P 500 today.
- Open Products → Screener → Heatmaps → Stocks
- Select the S&P 500 index in available market data
- Choose size by market cap
- Choose color by change D %
- Choose grouped by sector
- Click on a sector to open a heatmap of the symbols within it
- To focus only on color, switch to Mono size without grouping
- Hover over a tile to see the tooltip and click on it for more information
- Share your heatmap on X or Facebook
Viewing modes
Heatmaps can be displayed in four modes:
- Classic with grouping: Cells differ by color and size, assets are grouped (sectors for stocks, asset classes for ETFs)
- Classic without grouping: Cells differ by color and size, all assets are displayed on one level
- Mono size with grouping: All tiles have equal area, but assets remain divided into groups. This mode helps analyze trends within a selected sector or asset class.
- Mono size without grouping: All tiles have equal area and are displayed on one level. This allows you to focus exclusively on the parameter shown by color and get a clean overview of the selected market or index
Additional features
Toolbar settings
With the "Share" (camera) icon you can:
- Download an image
- Copy an image to clipboard
- Copy the current map link
- Share to X or Facebook
Display settings:
- Logo: Show/hide logos
- Title: None/Symbol/Description
- Display value: Choose what to show inside a tile: price, volume, performance, or nothing
- Color scheme: Classic / Color blind / Monochrome
Fullscreen mode: Switch the map to full-screen mode: the working area increases, and you see more tiles and larger details, making comparison and quick review easier.
Tile interaction:
- Tooltip: Hover the cursor over a tile to access a tooltip with key information for the symbol. This is especially useful for small tiles
- Click on a tile: Opens the detailed symbol page — a quick way to move from overview to analysis
Legend: A color scale is placed under the heatmap. It helps interpret shades and value ranges (for example, percentage change boundaries) and makes it easier to read market conditions.
Heatmaps and screeners
Both heatmaps and screeners help analyze markets, identify trends, and detect anomalies.
Their purpose is the same: to assist in decision-making, though their approach differs:
- Screeners help you with detailed search with precise conditions and flexible filters
- Heatmaps are designed for quick visual overviews and instant detection of shifts and outliers
Using them together gives you both detailed search and instant analysis.
Heatmaps in a nutshell
Heatmaps provide visual analysis of stocks, ETFs, and cryptocurrencies using size and color coding. They display market data with cell sizes representing comparison metrics and colors indicating performance changes or volatility.
You can use them for broad market overviews, quickly identifying performance outliers, and monitoring multiple assets based on relative performance and market movements.
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