Thank you. I find more interesting the ratio between buy and sell volume, I believe it can indicate the market sentiment despite overall price trend.
Speaking of support and resistence. I am about to release an update with heatmap of orderbook. It's much more powerful when it comes to support/resistence visualization.
Currently I would like to explore more this charting concept so no plans to connect other exchanges yet. If it proves itself useful I will surely add other exchanges and coins.
Topic: Heatmap Candles - advanced volume charting (Read 183 times)
Great work, interesting concept! At a first glance it looks like useful tool to determine support and resistance points. For example the 5 minute candle at 12:10 PM pretty clearly reflects the resistance level at USD 5696.
Do you plan on adding more exchanges?
Do you plan on adding more exchanges?
Hi guys,
I just wanted to show you an experiment I finished last night. It's a visualization of trading volume directly on price candles, so you can see where trades were exactly executed and how much. You can also switch between cumulative and buy\sell view mode. Try to move the opacity slider to its extremes, it does nice combinations of candlesticks with heatmaps.
https://www.cointerminal.io/heatmap
Let me know your thoughts, I am still discovering ways how to effectively interpret it..
Here are few screenshots:
https://i.imgur.com/G1fOdQU.jpg
https://i.imgur.com/lgfOnt0.jpg
I just wanted to show you an experiment I finished last night. It's a visualization of trading volume directly on price candles, so you can see where trades were exactly executed and how much. You can also switch between cumulative and buy\sell view mode. Try to move the opacity slider to its extremes, it does nice combinations of candlesticks with heatmaps.
https://www.cointerminal.io/heatmap
Let me know your thoughts, I am still discovering ways how to effectively interpret it..
Here are few screenshots:
https://i.imgur.com/G1fOdQU.jpg
https://i.imgur.com/lgfOnt0.jpg
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