Astral Heatwave
Learn how to effectively utilize our custom 'Astral Heatwave' indicator!
Last updated
Learn how to effectively utilize our custom 'Astral Heatwave' indicator!
Last updated
Our custom 'Astral Heatwave' indicator is a mix of two custom calculation bars, with one that is able to detect the strength of bullish & bearish bias in real-time, and the other which is able to detect areas of choppy & trending price action areas! Truly one of the most useful tools within our software!
First, our Astral Heatmap bar ( top of chart )is an essential component to our software! Successfully using our custom calculation to determine active trend strength, while measuring active bullish & bearish bias to accurately relay a heatmap with the data it detects!
The heatmap color gradient for bullish bias ranges from light green, to normal green, to dark green. Light green = weak bullish bias, normal green = average bullish bias, dark green = strong bullish bias.
The heatmap color gradient for bearish bias ranges from light red, to normal red, to dark red. Light red = weak bearish bias, normal red = average bearish bias, dark red = strong bearish bias.
Next, our Astral Chop-Zone bar ( bottom of chart ) is able to detect areas of expected chop/trending movement! On the astral chop-zone bar, green means there is expected bullish trending movement, red means there is expected bearish trending movement, and gray means that it detected a possible chop zone in the current movement & to trade safely!
You Are Able To Use This To Assist Your Trading In A Couple Different Ways:
Adds Extra Confluence In The Decisons You Make While Trading
Accurately Maps Out The Buyer & Seller Bias Relationship To Assist Users In Predicting & Determining Future Movement
Strategically Determines How Strong The Current Trend Strength Is At Any Moment!
Successfully Measures Strength & Bias Relationships In One Single Display To Always Give Our Users An Edge Up Over Over Investors!
You Are Able To Use This To Assist Your Trading In A Couple Different Ways:
Determining Areas of Expected Sideways Movement
Identifies A Risk Preference Based On Our Custom Calculation To Determine If It Is 'Safe' or 'Risky' To Trade In The Current Market!
Highlights Areas of Trending Bullish/Bearish Momentum & General Directional Bias!
Detect Areas of Possible Opposing Trending Movement