2008-Jul-05, 10:36 PM
|
#1
|
|
Learner
Join Date: 2008-Jun-04
Posts: 1
Highlights: 0
Experiences: 1 
|
Heatmeter Paintbarfactory.com for Tradestation
It tells you the strength of the trend, gives you a directional bias. You really don't want to go long when it's red, or go short when it is green. Because my friend, the trend is your friend. Unless indicated by another indicator such as the Squeeze to tell you otherwise, you should always trade with the trend. It's safer and much more profitable. This is how I interpret it.
"When the Histogram turns yellow, the market is in an extremely over bough or over sold condition. A reversal is likly. Not always, not immediately, but likely. This is how the company that's leasing this indicator uses it. Personally I use it to gauge the strength of the market."
Here is the HEATMETER on @ES (5 min)
The trend is your friend. The HeatMeter tells you how strong the trend is. You REALLY don't want to against it!
Here is the HEATMETER on @ES (51 Tick Bars)
Here is the HEATMETER on GBPUSD (Daily)
Here is the HEATMETER on GOOG (13082 Share Bars)
Here is the HEATMETER on @NQ (5 min)
Simply Import the HEATMETER ELD below
Installation Notes, Extra Information and Download/Mirror Links
Import the ELD file.
Does not include any documentation, just the .ELD file.
Extra Information
How to use this Indicator can been seen above
Download/Mirror Link
No file, if any, is stored on our servers. Only external download links
are provided by third party file sharing/hosting services like badongo,
divshare, fileden, filefactory, filefront, mediafire, megaupload,
megashares, mihd.net, multiply.com, rapidshare, rapidsharing,
rapidupload, turboupload, sendspace, sexuploader, uploading.com, zshare, zupload etc. (Disclaimer: The owner of this site is
not responsible for any contents made by anyone else on the forum. The owner do not sell or own anything
here. The contents are provided "as-is". Please support the developers if you like their
products/services. They need your money to support their work.)
[Hidden Content]:
Cost: 2500 Wealth
If you see the new version of the same software is dearer than the
older ones, please report the problem at Support
Center or by clicking on "report post" button.
Pay 2500 Wealth to view the hidden contents. Make sure you have met other
conditions, if any, before payment or you
won't see the hidden contents. (Sorry, your account currently does not have enough wealthpoints to obtain the download link for this resource!
Please contribute your financial/trading related resources in order to earn Wealthpoints into your account and be able to get this resource's download link.) |
|
|
|
+3750 Wealth
|
