Additional chart types for Heatmap. The package contains
- Renko Boxes (a la Heatmap)
- Heikin Ashi Candles
NEVER ADD BOTH to the same instrument, they might conflict. Renko Chart: A Renko chart is a type of financial chart of Japanese origin used in technical analysis that measures and plots price changes. A Renko chart consists of bricks, which proponents say more clearly show market trends and increase the signal-to-noise ratio compared to typical candlestick charts. It is a la heat map, which means, that the box width will not be constant, but will follow the timeline, therefore different width boxes will be drawn. Heikin Ashi Chart: Heikin-Ashi is a Japanese trading indicator that means ‘average pace’. Heikin-Ashi charts have a similar look to candlestick charts, however, they have a more smooth appearance as they are essentially taking an average of the price movements rather than tracking every price movement as with candlesticks. For more information, user guide, error reports and enhancement requests, please visit the forum: Chart Mania
Disclaimer: This product / software tool is developed by Zoltan Csoka, an independent person / entity that is in no manner affiliated with Bookmap Ltd. or any of its affiliates. Bookmap Ltd. and its affiliates do not endorse, recommend or approve Zoltan Csoka, or any of its products or trading software tool. No offer or solicitation to buy or sell securities, securities derivatives or futures products of any kind, or any type of trading or investment advice, recommendation or strategy, is made, given or in any manner endorsed by Bookmap Ltd. or any of its affiliates, and no specific trading recommendation or advice is or will be given to any individual by or through the Zoltan Csoka’s products or software tools. All descriptions of Zoltan Csoka’s products / software tools and the indication or strategies they are designed to run are provided by Zoltan Csoka and not by Bookmap Ltd. or any of its affiliates. Customers interested in learning more about, or investigating the quality of, any such product must contact Zoltan Csoka – no person employed by, or associated with Bookmap Ltd. or any of its affiliates is authorized to provide any information about any such product.