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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
Sürüm Notları
Minor Changes
Sürüm Notları
Minor Changes

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.