OPEN-SOURCE SCRIPT
Baz: Mcdx Heatmap

This indicator is to detect buying and selling momentum based on volume and price action with multiple timeframe mcdx.
Improve version of mcdx to let you see clearly real-time changes in 15mins, 30mins, 1h, 2h, 4h, 1D of the mcdx value.
Heatmap:
Green > Yellow > Orange > Red = Retailer shifting to banker
How it works?
The color subsides based on the resolution of chart, for example

We should focus on larger timeframe, which is >50 on the heatmap. Giving a clear signal that banker is still involved.

For value <50 on heatmap, you get faster signal without changing to smaller timeframe getting all the mcdx value, which save us a lot of time to look at bigger picture what is going on.

For example,

Lets check on each timeframe chart, starting from 15mins
For 15mins and 30min chart, mcdx is < 50


For 1H chart, mcdx is about 50

For 2H, 4H 1D, mcdx > 90

Improve version of mcdx to let you see clearly real-time changes in 15mins, 30mins, 1h, 2h, 4h, 1D of the mcdx value.
Heatmap:
Green > Yellow > Orange > Red = Retailer shifting to banker
How it works?
The color subsides based on the resolution of chart, for example
We should focus on larger timeframe, which is >50 on the heatmap. Giving a clear signal that banker is still involved.
For value <50 on heatmap, you get faster signal without changing to smaller timeframe getting all the mcdx value, which save us a lot of time to look at bigger picture what is going on.
For example,
Lets check on each timeframe chart, starting from 15mins
For 15mins and 30min chart, mcdx is < 50
For 1H chart, mcdx is about 50
For 2H, 4H 1D, mcdx > 90
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
Auto_kk
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。