Currency Heatmap Indicator

Supports All Currency Pairs – Ideal for Forex traders globally.
Lightweight & Fast – No lag on charts.
Easy to Use for Beginners & Pros – Simple integration into any strategy.

🔹 Overview:
📊 The Currency Heatmap Indicator for MT4 is a powerful tool that visually represents currency strength on your chart. It uses a color-coded heatmap to show which currencies are strong, weak, or neutral at a glance.


🔹 Key Features:
Visual Heatmap Display – Shows strength of multiple currencies in an easy-to-read table.
Color-Coded Strength Levels – Green for strong, red for weak, gray for neutral.
Trend Direction Insight – Indicates whether a currency is trending bullish or bearish.
Customizable Settings – Adjust colors, timeframes, and table position as per your needs.
Highlights Significant Strength/Weakness – Quickly spot the strongest and weakest currencies.
Multi-Timeframe Analysis – Works across M1 to Monthly charts.
Lightweight & Easy Integration – Fits into any forex strategy or trading system seamlessly.


🔹 Benefits for Traders:
💡 Helps identify currency strength trends quickly.
💡 Assists in making better entry and exit decisions.
💡 Suitable for all trading styles – scalping, day trading, or swing trading.
💡 Works on any currency pair and any timeframe.

Input Settings & Controls

🔹 Currencies Setup

  • Currencies Horizontal: USD, EUR, GBP, JPY; CHF, CAD; AUD; NZD
    ✔ Defines the main horizontal currencies displayed in the heatmap.

  • Currencies Vertical: USD:EUR GBP:JPY:CHF:CAD;AUD;NZD
    ✔ Sets the vertical currencies for cross-comparison.

Timeframe Settings

  • Time Frames: M30:H1
    ✔ Calculates currency strength based on 30-Minute and 1-Hour timeframes for accurate trend analysis.

🎨 Color Coding for Strength & Trend

  • Strong Up (Bullish): LimeGreen 🌳
    ✔ Indicates strong bullish trend.

  • Weak Up: Green
    ✔ Shows mild bullish movement.

  • No Move: DimGray
    ✔ Represents neutral or sideways market conditions.

  • Weak Down: FireBrick 🔻
    ✔ Displays mild bearish movement.

  • Strong Down: Red 🟥
    ✔ Indicates strong bearish trend.

  • Does Not Exist: Black
    ✔ Used for unavailable or invalid currency pairs.

🔤 Font & Display Options

  • Use MS Line Draw Font: false
    ✔ Default font is used for better readability and chart aesthetics.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

Risk Disclaimer

  • TrendCharts.in and its associated products, services, software, and tools do not provide any offer or solicitation to buy or sell securities, futures, forex, commodities, or derivatives.
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  • All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
  • Users may utilize the software and tools for paper trading or strategy evaluation only.
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  • Use of our software, tools, or services.
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  • No real-money trading or investment recommendations are provided or supported.

⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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