The HeatMap, Gradient and Scale indicator for Metatrader 4 (MT4) displays the daily percent change for all trading instruments visible in the market watch window.
The indicator pops up in the main MT4 chart.
Colors and layouts can be fully modified in the indicator’s inputs.
It gives you a handy overview of which assets are trending and which are moving sideways.
Free Download:
Download the “HeatMap-Gradient-Scale.mq4” indicator for MT4
Indicator Example Charts
The example chart below displays the HeatMap-Gradient-Scale mt4 indicator in action on the trading chart.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Daily percent change
Does the indicator repaint? No.
Download Now:
Download the “HeatMap-Gradient-Scale.mq4” indicator for Metatrader 4
How to install this indicator on Metatrader 4?
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the HeatMap-Gradient-Scale.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.