PZ Heat Finder 外汇EA

This indicator scans all the instruments in your Market Watch and finds those offering the most volatility and efficient price movement.
It will tell you what instruments are best to trade at any given time. [

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• Find what symbols are hot to trade easily
• Stop missing out on trading opportunities
• Stop trading flat instruments going nowhere
• Find dozens of price action opportunities regularly
• Focus your margin on instruments which offer volatility
• Customizable font sizes and colors

Using the indicator is extremely easy:

• It lists the most volatile instruments available in your platform
• It calculates how efficient is this volatility to create price movement
• Open a chart with just one click…. and trade!

The indicator reads values for the current timeframe of the chart.

How does it work

The indicator iterates all symbols present in your Market Watch, to find the most attractive to trade based on volatility and efficient
price movement. To scan all the symbols your broker offers, make sure to display them all.

The indicator dashboard displays the most attractive symbols, ordered by descending volatility. The most volatile symbol at the time
will be displayed at the top. But volatility alone can be deceiving: maybe an instrument is moving a lot but going nowhere. That’s why the
efficiency value is displayed as well.

The efficiency measures how much of the absolute price movement translates into efficient price movement. For instance, a symbol
with a volatility of 10% but an efficiency of 0% would mean that the symbol is suffering tremendous price movements, but closing prices
would be the same each day: not so good.

On the other hand, a symbol with the same volatility but an efficiency of 75% is much more desireable: it means the symbol is volatile
and that 75% of that volatility translates into sustained price movement.

Input Parameters

• Volatility Period – Amount of past bars to measure volatility from
• Efficiency Period – Amount of past bars to examine efficient price movement from
• Font Size for Title – Font Size for the dashboard title
• Font Size for Header – Font Size for the header row of the dashboard
• Font size for Rows – Font size for each row of the dashboard
• Number of Rows – Number of Rows to display in the dashboard

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.