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StO Price Action - Trend Heatmap

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Short Summary

- Displays multi-timeframe market bias as a color heatmap table
- Aggregates bullish and bearish candles per timeframe
- Visual intensity reflects directional dominance

Full Description

Overview

- Analyzes up to 10 selectable timeframes simultaneously
- Counts bullish and bearish candles per timeframe
- Evaluates a configurable number of historical candles
- More bullish candles increase green intensity
- More bearish candles increase red intensity
- Neutral or mixed conditions appear visually balanced
- Outputs results in a compact on-chart table

Method

- Designed to visualize multi-timeframe alignment
- Provides instant directional context across intraday to macro levels
- Uses candle color logic as momentum proxy
- Helps identify trend stacking or timeframe divergence
- Clean table layout with adjustable screen position

Timeframe Structure

- Supports custom selection of up to 10 timeframes
- Intraday and higher timeframes can be mixed freely
- Each timeframe can be enabled or disabled individually
- Works with built-in available timeframes

Usage

- Select which timeframes to include
- Set how many candles to evaluate per timeframe
- Position the table on the chart as preferred
- Use strong color clustering as confirmation tool
- Watch for mixed colors as early warning of conflict

Notes

- Does not predict reversals, only shows directional dominance
- Particularly useful for top-down analysis
- Designed as bias confirmation, not as entry trigger
Versionshinweise
Minor Changes
Versionshinweise
Minor Changes

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