[TradeStation] Heatmeter Paintbarfactory.com for Tradestation (Closed Code)

[dellBoy]

Heatmeter Paintbarfactory.com for Tradestation

It tells you the strength of the trend, gives you a directional bias. You really don`t want to go long when it`s red, or go short when it is green. Because my friend, the trend is your friend. Unless indicated by another indicator such as the Squeeze to tell you otherwise, you should always trade with the trend. It`s safer and much more profitable. This is how I interpret it.


"When the Histogram turns yellow, the market is in an extremely over bough or over sold condition. A reversal is likly. Not always, not immediately, but likely. This is how the company that`s leasing this indicator uses it. Personally I use it to gauge the strength of the market."


Here is the HEATMETER on @ES (5 min)




The trend is your friend. The HeatMeter tells you how strong the trend is. You REALLY don`t want to against it!


Here is the HEATMETER on @ES (51 Tick Bars)




Here is the HEATMETER on GBPUSD (Daily)




Here is the HEATMETER on GOOG (13082 Share Bars)




Here is the HEATMETER on @NQ (5 min)




Simply Import the HEATMETER ELD below

Installation Notes, Extra Information and Download/Mirror Links

Import the ELD file.
Does not include any documentation, just the .ELD file.

Extra Information

How to use this Indicator can been seen above

Download/Mirror Link

Cost: 2500 Wealth

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[__DBZ__]

Looks like:
- Heatmeter and DMI & ADX Combo are free with the purchase of Itunnel
- CCI Modified free with PBF_OSOB Indicator-RSI Modifies free with Moving Averages
- Buy/Sell Pressure with the squeeze.

Do you have also the ones still not posted?