Download Currency Heat Map Asymmetric MT4 Indicator

 

Cash Back Forex Rebates

Currency heat map assymetric indicator measures the strength of currencies and compares between each other. The indicator visualizes these relative strengths. Thus the indicator provides a general overview of the whole forex market.

Most Forex traders fail because they forget to look at the bigger picture. While too focused on the details, they tend to make more mistakes. Traders should observe the market sentiment carefully. For example you could buy AUD/USD expecting USD to lose ground but if you look at other pairs you may find that USD is gaining against other currencies and longing AUD/USD is not actually a good choice.

How To Read Currency Heat Map Assymetric:

The currency which appears on the row is the base currency.
The currency which appears on the columns is the quoted currency.

Dark Green means the pair is above prior bar’s high.
Green means the pair is above prior bar’s close but below the high.
Gray means the pair is flat.
Red means the pair is below prior bar’s close but above the low.
Dark Red means the pair is below prior bar’s low.

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