Main Features of Correlation Insight Heat Map
Professional version of Correlation Insight Heat Map provide the following features and many more:
- MetaTrader Connectivity for custom symbols for either MetaTrader 4 or MetaTrader 5
- 2D and 3D heat map of the financial market with search feature of time index
- Market Directional Strength Indicator for each timeframe
- Market Directional Strength Indicator for all symbols
- Market Directional Strength Indicator for correlation symbols
- Individual Symbol ranking metrics for all symbols and all timeframe
- Individual Symbol ranking matrix among the correlated symbols
- Bar Graph for M1, M5, M15, M30, H1, H4, D1, W1, MN1 timeframe
- Individual Symbol lookup and comparison features
- Correlation Matrix
- Standard Deviation Table
Benefit of Correlation Insight Heat Map
- Easy to use many sophisticated analysis with one button click
- Allow you to compare apple to apple for each symbol in terms of their action
- Provide you the collective market outlook in one button click
- Trade with winner and stay away from loser
- Past heat map value can be searched with time index (3D maping of symbol, directional strength and time)
- Heat map combined with correlation helps you to gain insight on what other correlated symbols are doing in the market.
- Easy to use 8 Directional Strength – 8 Color sheme
Directional Strength Measurement and Color Code
Here is some information about the 8 color code and 8 directional strength used in our Correlation Insight Heat Map.
- 8 colors in order (left=down, right = up): Red, Light Red, Pink, Melon, Sage, Mint, Light Green, Green
- 8 ranges for Price Change (%): 4 negative range and 4 positive range
- 8 ranges for Sum (%): -4 stdev, -3 stdev, -2 stdev, -1 stdev, +1 stdev, +2 stdev, +3 stdev, +4 stdev
- 8 ranges for Correlation: -1.00, -0.75, -0.50, -0.25, +0.25, +0.50, +0.75, +1.00
Both professional and free version of our Correlation Insight Heat Map is embeded into our Trading Investment Helper. With Professional version, you have an access to unlimited features of Correlation Insight Heat Map. In addition, you can connect our Correlation insight Heat Map to your either MetaTrader 4 or MetaTrader 5 for your own custom symbols. You can get the update frequency in real time. For professional version, you will also receive either ex4 or ex5 files to get connected to your own MetaTrader.
Free Limited Version
With Free Limited version, you can only use some free features. Data update frequency in the free limited version is 15 minutes whereas you can get real time update frequency for Professional version.